James Packer’s majority shareholding in casino giant Crown Resorts is at risk, concedes the billionaire, who wrapped up a “painful” few days of evidence at a NSW gaming inquiry.
The 53-year-old admits he won’t return to the boardroom and might also face a cap on his 36 percent shareholding in the company, which is being scrutinised for its suitability to operate a new casino at Sydney’s Barangaroo.