Packer tipped for tie-up with pokie-heavy clubs
Don't be surprised if we continue to see changes in the gaming market in 2017 - with the next one looking like a tie up between James Packer's Crown Resorts and ClubsNSW.
Elizabeth Knight comments on companies, markets and the economy.
Don't be surprised if we continue to see changes in the gaming market in 2017 - with the next one looking like a tie up between James Packer's Crown Resorts and ClubsNSW.
2016 was meant to be the year the housing bubble started to seriously deflate.
There will be no relaxed Christmas break for Kerry Stokes and the directors of his Seven West Media.
The saga of Bellamy's demonstrates just how rapidly a company can move from being a sharemarket darling with seemingly limitless growth prospects to a sharemarket pariah with a questionable business model.
Billionaire media mogul Kerry Stokes has a very important decision to make.
You can read James Packer's sell down and impending exit out of the Macau market many ways.
The move take a position and get a slice of the spoils in the carve-up of the Tatts Group is vintage Macquarie Group.
A new bid from financial players including Macquarie and US-based private equiteers KKR for lotteries and gaming group Tatts could scupper Tabcorp's takeover ambitions.
Fairfax is calling it dirty. At the very least it's intriguing.
To the extent that the soon-to-be-departing head of Bunnings John Gillam made a mistake, it was to turn down an approach to become chief executive at Woolworths.
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