..

James Packer Macau Casinos Mentioned in Bribe Case

Written by:
Alistair Prescott
Published on:
Feb/19/2009

Two casinos owned by Australian mogul, James Packer, were mentioned in court documents related to bribery allegations against a former Macau government official, The Australian revealed on Friday.

Ao Man-long, a former transport and public works secretary, faces 28 new charges of taking bribes, money laundering and an abuse of power.

The case was said to revolve around 19 land deals, some of which included Packer's City of Dreams and Crown Macau land based casinos.

From the Australian:

There was no detail mentioned of the alleged amounts of money involved, or the specifics of any allegations. Mr Packer's casino company, Crown Limited, has a 38.9 per cent stake in the company that owns the casinos. The company is listed on the US NASDAQ stock market.

Lawrence Ho, the son of Macau casino veteran Stanley Ho, had aleady begun building Crown Macau when he formed joint venture with PBL in 2005.

Lawrence Ho has invested in the operations through his Hong Kong listed company, Melco.

City of Dreams marketing manager Charles Ngai last night referred The Australian to a spokeswoman for Melco for comment.

A spokesman for Crown in Australia said yesterday the company had not heard of the allegations.

The Crown Macau has around 12 percent of Macau's gambling market.

The Packer family have long been the subject of controversy.

In 1984 the now defunct Fairfax newspaper The National Times published leaked extracts of the Costigan Commission's draft report which implicated a prominent Australian businessman codenamed the "Goanna" in tax evasion and organised crime, including drug trafficking, pornography, and murder. Australia's richest man, media magnate Kerry Packer, James late father, revealed himself to be the subject of these allegations which he strenuously denied.

"The moral to this story is to skip these land based casinos and play online," joked Australian media man, Greg Tingle.  "Who would have thought the online casinos would be deemed safer and today they very well might be.  Play in your jammies."

Speaking of which - Golden Lounge Casino is offering a free $3000 bonus when you open an online casino account today.  Over 300 games.  Restrictions apply on the bonus.

Alistair Prescott, Gambling911.com

Gambling News

Micro-Betting Explained: What Are the Sports Best Suited for This Wagering Model?

Micro-Betting Explained: What Are the Sports Best Suited for This Wagering Model?

Speaking to iGaming NEXT, venture capitalist and managing partner of Sharp Alpha Advisors Lloyd Danzig said: “Soccer is a low-scoring game with a continuous clock, minimal stoppages, and far fewer discrete events as compared to the most popular US sports. Basketball, baseball, and American football appear to be especially well-suited for micro-betting.”

Heat Map Shows Negative Sentiment Toward Kevin Durant Amid Trade Talks

Heat Map Shows Negative Sentiment Toward Kevin Durant Amid Trade Talks

According to our social media study that combed through nearly 500,000 tweets, Massachusetts and the surrounding states that support the Celtics do not want Kevin Durant in Boston.

AP Poll vs. CFP Odds for 2022 Compared

AP Poll vs. CFP Odds for 2022 Compared

When comparing the College Football Playoff odds against the AP Poll rankings released today, there is no disconnect in the Top 4 teams as both sets align perfectly.

Brash Gambler Who Won $53K Gets Robbed Shortly After

Brash Gambler Who Won $53K Gets Robbed Shortly After

An unidentified man who took his winnings in cash was followed to his hotel in the early hours of June 14 and robbed.  Now Tampa police have two suspects they are questioning.  A third remains at large.  None of the suspects names have been released and no arrests made.

Adrien Broner Bows Out of Fight Versus Omar Figueroa Jr Over Mental Issues: Figueroa Says It's "BS"

Adrien Broner Bows Out of Fight Versus Omar Figueroa Jr Over Mental Issues: Figueroa Says It's "BS"

Broner was the -250 favorite in Saturday's now cancelled fight.

Syndicate