Packer's casino obstacle race

It's unclear why there's such urgency in James Packer's grand plan for a second Sydney casino licence under the Echo umbrella, and in any case his proposal faces serious hurdles.

James Packer’s stalking of Echo Entertainment is becoming 'curiouser and curiouser'. From the substantial shareholding notices Deutsche Bank filed on Friday it would appear that Packer asked for a board seat last week without actually owning any shares.

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