Published
Industry

James Packer resigns from Consolidated Press Holdings board

Casino mogul James Packer has resigned from the board of his family private investment company, Consolidated Press Holdings, due to mental health issues.

jamespacker

According to a Bloomberg report, the Australian Securities and Investment Commission (ASIC) confirmed via a notice letter that Mr. Packer resigned from the  CPH board on the 27 June.

The news emerges after Packer resigned as director of Crown Resorts in March, citing mental health as the reason for his departure. Packer checked into a mental health facility in Boston just days after resigning from the board of the Crown Resort.

CPH retains Mr.Packers 47.2% stake in Crown and various other business interests. The company will also acquire half of his assets, including US property website Zillow, Asian online job marketplace Zhaopin, Australian fashion group PrettyGirl, and Ratpac Entertainment.

James Parker only rejoined the Crown board in January 2017, having previously resigned in 2015 to devote his time and energy on development plans in Sydney, Melbourne, and Las Vegas. His resignation from the Crown board follows a tumultuous few years.

Premium+ Connections
Premium

PIN-UP Partners

 
Premium

1xBet Partners

 
Premium

GammaStack

 
Premium

Digitain

 
Premium

Sport Generate

 
Premium

Imagine Live

 
Premium

RISK

 
Premium

Galaxsys

 
Premium

Revsharks

 
 
Premium

Lynon

 
Premium Connections
Consultancy

SCCG Management

Executive Profiles
Zeal Network SE

Stefan Tweraser

VIP Play

Les Ottolenghi

Scientific Games

Keshav Pitani

Social & App

Spribe CEO exclusive: Simplicity is the foundation

Spribe CEO David Natroshvili speaks to Gambling Insider abou...

Redefining iGaming: A history of crash games

Crash games is a growing vertical that has taken gambling by...

A certain something: What makes crash games special?

Crash games. They’re simple, they’re easy to learn and,...

Smarter innovation to shape the future

Spribe CCO Giorgi Tsutskiridze discusses the past, present a...

Facing Facts: The corner of quarterly contemplation

With Q1 reports out across the industry, Gambling Insider co...

Taking Stock: A guide to key stock prices across the industry

Gambling Insider tracks prices from some of the industry’s...

15 years of Gambling Insider: From the Founders

Over the last 15 years, Gambling Insider magazine has interv...

15 years of Gambling Insider: The Awards over time

Global Gaming Awards Event Manager Mariya Savova gives us he...