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Home World Business

James Packer: Billionaire quits Crown Resorts over mental health

byCT Report
22/03/2018
in World Business
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AUSTRALIA: Australian billionaire James Packer has resigned as a director of his casino empire Crown Resorts Limited.
The businessman is “suffering from mental health issues”, a spokesman for his private investment company said.
Mr Packer, 50, rejoined the board of Crown in August after stepping down in 2015 as chairman and director.
The Australia-listed company thanked Mr Packer, one of the nation’s richest people, in a brief statement on Wednesday.
“We have appreciated James’ contribution to the board and respect his decision to step down from his role as director at this time,” executive chairman John Alexander said.

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