DataRoom AM: The Star Packer

James Packer tries his luck in Hollywood while Gina Rinehart's Roy Hill iron ore project could face a funding snag.

It’s show time for James Packer as the billionaire journeys to Hollywood for a new source of income – and a great marketing tool for his casinos to boot. Fellow rich-lister Gina Rinehart is also getting plenty of media coverage, with her massive Roy Hill project potentially running into a financing problem in the form of disgruntled US miners. Elsewhere, market players view Transurban as a likely buyer of Sydney’s Cross City Tunnel, Andrew Forrest shows support for Poseidon Nickel and Leighton scores two significant contracts.

James Packer, Warner Bros, Crown

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