Business
All eyes on James Packer’s next move as Barangaroo dream hangs in the balance – Sydney Morning Herald
Building a casino empire was always a high-stakes game for billionaire James Packer. Now, a city awaits his next move.
He doesnt have to walk away but its tough for him because hes not in good shape, said the businessman, who was referring to the ongoing concerns about the billionaires mental health. Mr Packer revealed during the inquiry that he suffers from bipolar disorder.
Mr Packer was contacted by this masthead yesterday but did not respond, as speculation mounts as to whether he will sell down his $2.4 billion stake. The Bergin inquirys report recommended that Mr Packer be subject to a 10 per cent ownership…
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