• About Us
  • The Team
  • Advertise with Us

The latest news on the gaming industry in Asia

() () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () ()
  • Home
  • Macau
  • Philippines
  • Singapore
  • Japan
  • Rest of Asia
  • World
  • Industry Talk
  • Trends & Tech
  • iGaming
  • follow
    • Facebook
    • Twitter
    • RSS Feed
    • LinkedIn

‘Sin problema’ as Packer gets mano a mano

May 12, 2014 Newsdesk Industry Talk, Latest News  


‘Sin problema’ as Packer gets mano a mano

The street brawl involving James Packer (pictured) – who’s a co-chairman of Macau casino investor Melco Crown Entertainment Ltd as well as chairman of Australia’s Crown Resorts Ltd – is highly unlikely to have any negative impact on his standing as a casino licensee, according to gaming lawyers and regulators spoken to by GGRAsia.

Mr Packer and his fight partner and friend David Gyngell, chief executive of television channel owner Nine Entertainment Co, have been issued with criminal infringement notices over the spat near Sydney’s Bondi Beach on May 4. But lawyers in Australia have described the notices as “akin to parking fines”.

One gaming lawyer told GGRAsia by e-mail: “it certainly should not have adverse implications for Packer’s suitability. It may assist the anti-gambling interests in places like Sri Lanka (in terms of claimed negative effects they might experience from opening up to such people, etc), but I don’t think it will get much airtime.”

In April the Australian media reported that the Las Vegas casino-hotel The Cosmopolitan might be sold to a company controlled by Mr Packer. Were that to happen, and the venue were to retain gaming, it would mean Mr Packer would need to pass the suitability test of the Nevada Gaming Commission.

Chapter 463 of the Nevada Revised Statutes refers to the need for Nevada licensees to be: “(a) A person of good character, honesty and integrity; and (b) A person whose prior activities, criminal record, if any, reputation, habits and associations do not pose a threat to the public interest of this State or to the effective regulation and control of gaming…”

In the state of Victoria, Australia, where Mr Packer is licensed to run Crown Melbourne, the Gambling Regulation Act 2003 specifies that only gaming-related offences under the Act, or “an offence (wherever occurring) involving fraud or dishonesty punishable on conviction by imprisonment for three months or more (whether or not in addition to a fine),” would be grounds for disciplinary action.

In New South Wales, where Sydney is located, if a criminal complaint is made as a result of a criminal infringement notice being issued, the matter can carry on conviction a maximum of three months in prison.

If uncontested, as in this case, the fine is A$500 (US$470) and no conviction is recorded. The New South Wales government increased the amount from A$200 in February as part of a range of measures to combat alcohol-fuelled violence on the streets of Australia’s largest city.


  • tweet
Related articles
  • Crown Resorts, AUSTRAC agree on US$294mln fine over AML
    Crown Resorts, AUSTRAC agree on...

    May 30, 2023  

  • Macau would-be junkets to pay US$187k guarantee: govt
    Macau would-be junkets to pay US$187k...

    Dec 28, 2022  

More news
  • G2E Asia 2024 set for Macau in June, no Singapore event
    G2E Asia 2024 set for Macau in June, no...

    Sep 26, 2023  

  • Sale of Pagcor casinos by 2025 feasible: DoF
    Sale of Pagcor casinos by 2025...

    Sep 26, 2023  


Latest News

G2E Asia 2024 set for Macau in June, no Singapore event

G2E Asia 2024 set for Macau in June, no Singapore event

Sep 26, 2023  

The 2024 edition of the Global Gaming Expo (G2E) Asia casino trade event is to be held in Macau, according to a Tuesday press release. There will not be a G2E Asia event in Singapore next year, the...
Read More
Sale of Pagcor casinos by 2025 feasible: DoF

Sale of Pagcor casinos by 2025 feasible: DoF

Sep 26, 2023  

SJM hosts seminar in Indonesia to promote Macau offerings

SJM hosts seminar in Indonesia to promote Macau offerings

Sep 26, 2023  

Sign up to our FREE Newsletter

UB8V5.qr.16(Click here for more)

Pick of the Day


50

Maximum aggregate number of licensed gaming promoters – also known as ‘junkets’ – that Macau's casino operators will be able to work with in 2024



Most Popular

  • Any Macau clamp on money changing may hurt GGR: punditsAny Macau clamp on money changing may hurt GGR: pundits September 25, 2023
  • Macau govt sets junket cap per casino operator for 2024Macau govt sets junket cap per casino operator for 2024 September 25, 2023
  • Wynn Macau Ltd cancels K-pop festival scheduled for OctWynn Macau Ltd cancels K-pop festival scheduled for Oct September 25, 2023
  • Strong Macau hotel bookings for autumn Golden WeekStrong Macau hotel bookings for autumn Golden Week September 22, 2023
Copyright 2014-2023 TEAM Publishing and Consultancy Ltd / All rights reserved
  • Code of Ethics
  • Privacy Policy
  • Useful Links
  • Contact Us