Crown’s share price rises as it holds onto casino licence

Crown has had a boost to shareholders of almost 10 per cent, but recommendation 85 of the commission says main shareholder James Packer needs to sell some shares.

Mr Packer and his company, Consolidated Press Holdings, currently own 37 per cent of Crown, but it is recommended he sell down until he only owns five per cent by September 2024.

Unfit to hold a license but allowed to keep holding a licence. You just have to shake your head..

There's kickbacks here, I thought they were fair dinkum about fixing this criminal organization.

how can they still hold a license if the Royal commission found them unfit? That's like telling a drunk driver its ok to keep driving drunk.

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