• Wed. Oct 28th, 2020

    James Packer says on line casino inquiry painful

    ByAdministrator

    Oct 11, 2020 ,
    James Packer says on line casino inquiry painful

    Billionaire James Packer has dominated out ever returning to the board of gaming big Crown, describing giving three days of evidence at a probe into the firm as painful.

    The NSW inquiry is examining whether Crown is fit to operate a brand recent Sydney on line casino and allegations it partnered with controversial “junket operators” which had links to organised crime.

    Mr Packer agreed he became the driver in bringing junket operators to Crown casinos in Australia and acknowledged with hindsight that they were inclined to exploitation by money launderers.

    He acknowledged he would be compelled to promote his 36 per cent part in Crown as a outcomes of the inquiry.

    “This has been a terribly painful and surprising abilities for the board, because it has been for me,” Mr Packer acknowledged on Thursday.

    “I may perchance well perchance well now not be happening the board again.”