Construction on the pad in the resort town, that is popular with celebrities, started in December 2018. Crown Resorts, which operates casinos in Melbourne, Perth and London, had originally intended its Sydney operation to largely target international VIPs. 'Crown has reached in-principle agreement with Mr James Packer to sell two floors of the Crown Sydney Residences at the Crown Sydney Hotel Resort to Mr Packer for $60million,' a statement from the company at the time read. (Pictured: James and Karl together)But it hasn't always been easy, and in March 2018, James resigned as director of Crown Resorts, citing mental health issues. In May 2019, he sold 19.99 per cent of his Crown Casino shares to Melco Resorts and Entertainment for $1.76billion.

Source: Daily Mail June 13, 2020 01:55 UTC