The inquiry, which began on Tuesday, is expected to call the billionaire businessman James Packer and the Melco International chairman, Lawrence Ho. It is also expected to hear from a raft of Crown and Melco executives as it seeks to probe whether both Crown and Melco are suitable to exercise control over the high-roller casino licence at Barangaroo in Sydney granted in 2014. This had opened up a question about Crown’s suitability. James Packer sells almost half his stake in Crown Resorts Read moreOn junkets, Crown claimed it dealt with these independent operators in the same way as other companies do around the world. Recent changes meant the regulator could not make changes to the restricted gaming licence held by Crown without its agreement, she said.
Source: The Guardian January 21, 2020 06:11 UTC