Business
The Crown hearings: how did it all go so spectacularly wrong for James Packer? – The Guardian
The subdued and ill-at-ease billionaire now faces relinquishing any involvement in Crown Resorts, the business he built
Rarely are billionaires subjected to the kind of scrutiny James Packer faced this week.
And rarely is the public afforded a glimpse behind the glitzy facades of casinos to the far more unsavoury reality of their role in the machinery of organised crime and money laundering.
But both these happened at what can only be described as extraordinary hearings before the New South Wales Independent Liquor and Gaming Authority. And as they drew to a close, Packers future in Crown Resorts, the business …
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