Packer brawl may complicate expansion plans, reports say

    A public brawl between billionaire James Packer, chairman of Crown Resorts, and an old friend may complicate the casino tycoon’s plans to expand in Asia, according to reports. Police fined both men A$500 ($470) as a result of the incident, but there will be no criminal conviction unless the penalty is contested. “He’s one of the three biggest casino moguls in the world, and the biggest risk management question for casino licensees is probity, and being seen to be a fit and proper person,” Australian Shareholders’ Association spokesman Stephen Mayne told ABC radio. “So clearly being involved in a violent street brawl is potentially problematic in terms of ongoing and future casino licensing,” he said.