The future for Crown: It’s a particularly nail-biting few days for James Packer’s Crown Resorts. In less than a month its Sydney jewel casino at Barangaroo is scheduled to open. In two days the New South Wales gaming regulator will decide whether it will temporarily take away the keys, and Crown will need to wait until February to find out whether the NSW regulator’s Commission of Inquiry will recommend the keys be permanently removed. The trouble for Crown is that the majority of its management team and board remain in place. And major shareholder, Packer, who has already been accused by counsel assisting the inquiry as being a major part of the problem, still has a controlling stake.
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