As most of you will know James Packer owns the Burswood Casino, a relatively small piece of his gambling empire ssituated in Western Australia… The reason Packer values this site so much is the fact that it is the monopoly casino in WA and the only place out West that you can actually play pokies… a pretty sweet deal for Packer as the site is basically guarenteed cash, no competition.
The Casino makes over $6 Billion in High Roller revenue alone. So how does Kerry Stokes fit into all this? Well, we all know that Stokes is a pretty big player out West – he owns huge chunks of the media in the region & is known to be unhappy about how the way Packer used his connections with Murchoch to promote the Crown Casino in NSW and is equally unhappy about the fact that Packer is allowed to run his monopoly casino in his own back yard.
Word on the street is that Stokes will be using his media empire in the West to highlight the unfair nature of having just one casino in the entire state and his influence could lead to the end of the Packer gambling empire in WA.