Crown to show cards
CROWN Resorts majority shareholder and newly returned director James Packer backed calls for greater transparency by the company as shareholders at the annual meeting demanded disclosure on gambling revenue.
Mr Packer, who rejoined the board in August, said he could not remember why the company always refused to give a breakdown of gambling revenue but he could see no reason why it should continue.
“There is a desire from some of our shareholders, or some people who represent legitimate particular groups, for there to be more transparency in Crown both on the revenue side and the application of revenue between tables and slots and also on the regulatory side. And I think that’s fair enough,” he said.