Crown Resorts Initiates Complete Withdrawal from Macau, Sells Staying Shares to Melco Overseas

Crown Resorts Initiates Complete Withdrawal from Macau, Sells Staying Shares to Melco Overseas Crown Resorts will divest itself of its shares that are remaining Melco Resorts and Entertainment, the organization which was, until last month, known as Melco Crown. The move completes James Packer’s total withdrawal from Macau. James Packer’s timing was off on Macau, but the China arrests had been the final nail in the coffin. Could Crown’s current strategies be part of a plan to go into a…

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