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Alexander was first named as the chairman of Crown Resorts in January as a part of a top management reshuffle which saw incumbent Robert Rankin leave the position.Under the reorganization Packer is expected to return to the Crown board once he is cleared by NSW authorities. Alexander is also likely to reassess existing sponsorships deals with racing and sports leagues in his review.
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We have $5 million today, we have $272 million by 2022 [when the complex opens] and in 2032 we have the remaining $880 million. It’s still a billion dollars. A valuable $1 billion to pay down state debt and boost our budget’s bottom line.
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