You will be redirected back to your article in seconds

PBL ready to play games

Packer investing $158 million in HK co.

SYDNEY– Kerry Packer’s Publishing & Broadcasting Ltd. is making its first foray into Asia with a 50% stake in a new gaming company based in Hong Kong.

PBL is investing A$211 million ($158 million) in the venture, which is building a hotel/casino in Macau and is expected to expand to Singapore, Thailand and Taiwan. PBL’s partner is Melco Intl. Development, controlled by Macau entrepreneur Stanley Ho.

More Biz

  • Paul Simon

    Paul Simon to Stage 'Unique' Farewell Concert at Queens' Flushing Meadows Corona Park

    SYDNEY– Kerry Packer’s Publishing & Broadcasting Ltd. is making its first foray into Asia with a 50% stake in a new gaming company based in Hong Kong. PBL is investing A$211 million ($158 million) in the venture, which is building a hotel/casino in Macau and is expected to expand to Singapore, Thailand and Taiwan. PBL’s […]

  • Merger Angst Warner Media

    High Anxiety: WarnerMedia Staff Braces for New Boss as AT&T Takes Control

    SYDNEY– Kerry Packer’s Publishing & Broadcasting Ltd. is making its first foray into Asia with a 50% stake in a new gaming company based in Hong Kong. PBL is investing A$211 million ($158 million) in the venture, which is building a hotel/casino in Macau and is expected to expand to Singapore, Thailand and Taiwan. PBL’s […]

  • Bob Iger arrives at the Oscars,

    Bob Iger: Disney Has 'Much Better' Chance of Closing Fox Deal Than Comcast

    SYDNEY– Kerry Packer’s Publishing & Broadcasting Ltd. is making its first foray into Asia with a 50% stake in a new gaming company based in Hong Kong. PBL is investing A$211 million ($158 million) in the venture, which is building a hotel/casino in Macau and is expected to expand to Singapore, Thailand and Taiwan. PBL’s […]

  • Brian Roberts, Bob Iger Battle Over

    Brian Roberts and Bob Iger Go Head-to-Head in the Battle for Fox

    SYDNEY– Kerry Packer’s Publishing & Broadcasting Ltd. is making its first foray into Asia with a 50% stake in a new gaming company based in Hong Kong. PBL is investing A$211 million ($158 million) in the venture, which is building a hotel/casino in Macau and is expected to expand to Singapore, Thailand and Taiwan. PBL’s […]

  • Disney Fox Merger Illustration by Rob

    Disney Ups Fox Bid to $71.3 Billion, Outflanking Comcast

    SYDNEY– Kerry Packer’s Publishing & Broadcasting Ltd. is making its first foray into Asia with a 50% stake in a new gaming company based in Hong Kong. PBL is investing A$211 million ($158 million) in the venture, which is building a hotel/casino in Macau and is expected to expand to Singapore, Thailand and Taiwan. PBL’s […]

  • Sydney Holland

    Sumner Redstone's Ex-Fiancee Settles Lurid Elder Abuse Lawsuit

    SYDNEY– Kerry Packer’s Publishing & Broadcasting Ltd. is making its first foray into Asia with a 50% stake in a new gaming company based in Hong Kong. PBL is investing A$211 million ($158 million) in the venture, which is building a hotel/casino in Macau and is expected to expand to Singapore, Thailand and Taiwan. PBL’s […]

More From Our Brands

Access exclusive content