Quote of the Day

“It did rock my world. Reading in every newspaper around the world that Crown [Resorts] was a bad corporate citizen shook me to the core because I had put in so much effort over so many years to ensure Crown was a good corporate citizen. And it wasn’t just James Packer being attacked, all of a sudden Crown was being attacked and that was putting the people who were in jail at risk.” — James Packer, on the arrest of the Crown 18. In the same interview, he reveals he ought to have sold out of Macao in 2014, the same year he tried and failed to buy The Cosmopolitan of Las Vegas for $1.5 billion, He blames the collapse of Alon on his company’s debt burden and admits to the “ham-fisted ways we went into North America.” It’s unexpectedly candid coming from someone of Packer’s eminence.