The new legislation also establishes the Victorian Gambling and Casino Control Commission to regulate the Melbourne casino. The commission also recommended raising the maximum penalty for breaching casino legislation to A$100 million ($101 million) from just A$1 million. Limiting the ownership of casinos will prevent undue outside influence, while ensuring the independence of the casino operator’s board and senior management, the commission said in its 652-page report. While Packer currently owns 36% of Crown, he will have to reduce his stake to about 5% by September 2024 based on the commission’s recommendations. Packer, 54, had a net worth of $3.2 billion, according to the World Billionaire’s List published in April. On 29 September, Carey released her new memoir The Meaning of Mariah Carey, a book. He stepped down from the company’s board in March 2018 and resigned from the board of his family’s holding company Consolidated Press four months later. Mariah Carey has stated that she and her former fiancé James Packer did not have a physical relationship. James Packer’s entanglement with Israel’s elite, including a close personal relationship with Benjamin Netanyahu and the now Mossad chief, was considered a national risk, according to an. Packer is the largest shareholder of Crown, which owns casinos in Australia and London, after taking over the empire of his late father, Kerry. Packer, 61, who had a privileged childhood, fondly recalls trips to Royal Randwick with his grandfather, who would call ahead and have the old Farmers department store stay open so his grandson could come and select a toy. MELBOURNE, AUSTRALIA - OCTOBER 26: James Packer arrives to attend the Crown Resorts annual general.
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