Business
Crown Resorts no longer suitable to hold Sydney casino licence, inquiry hears – The Guardian
Counsel assisting the inquiry leaves no doubt the company will need to make radical changes and James Packer will likely need to divest his shares to hold on to…
Counsel assisting an inquiry into Crown Resorts has recommended that the company be found no longer suitable to hold a casino licence in New South Wales because of the influence of its largest shareholder, James Packer and his private company, over its operations.
The inquiry is being chaired by the former supreme court judge Patricia Bergin SC. Wednesday marked the start of a three-step process: counsel assisting makes submissions on what the evidence shows and possible findings; Bergin will then…
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