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November 12, 2013

Sri Lanka’s main opposition party has called for police to take legal action against James Packer, saying his family business, Crown Limited, doesn’t have the proper license to go ahead with its plans to build a $400 million (€335 million) casino in Colombo.

Sri Lanka’s main opposition party has called for police to take legal action against James Packer, saying his family business, Crown Limited, doesn’t have the proper license to go ahead with its plans to build a $400 million (€335 million) casino in Colombo.

Harsha de Silva, a lawmaker for the United National Party, said police had been cracking down on small time casinos and should be applying the same law to big players like Packer.

August 19, 2013

British pharmaceutical company leaves founding family’s hands, Carlos Slim launches new satellite, L’Oreal bids for Chinese business, and James Packer has high hopes for his gambling empire’s expansion into Japan.

British pharmaceutical company leaves founding family’s hands, Carlos Slim launches new satellite, L’Oreal bids for Chinese business, and James Packer has high hopes for his gambling empire’s expansion into Japan.

January 26, 2011

Stanley Ho, the Hong Kong and Macau-based casino king, has often been a controversial figure during his long career as one of East Asia’s better-known entrepreneurs.

Stanley Ho, the Hong Kong and Macau-based casino king, has often been a controversial figure during his long career as one of East Asia's better-known entrepreneurs.

According to some sources, the casino and property entrepreneur has allegedly been linked to the Chinese organised crime group, the Triads, and allegedly collaborated with the Japanese during World War II.

Not the sort of background – it might be felt – you would want hung out for wider scrutiny.

January 25, 2011

Macao casino billionaire Stanley Ho has accused his family of stealing his shares in SJM Holdings without his consent, raising debate about who would succeed Ho in the billion-dollar business.

Macao casino billionaire Stanley Ho has accused his family of stealing his shares in SJM Holdings without his consent, raising debate about who would succeed Ho in the billion-dollar business.

A filing with the Hong Kong stock exchange reveals that Ho's shares in the holding company have been divided between his wives and children. Ho, chairman of SJM, said through his lawyer that he had not authorised this transfer of shares to his family.

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