Altira Macau based Crown Limited. It opened on May 12, 2007, and James Packer was present for the opening ceremony. Altira Macau Altira Macau (), formerly known as Crown Macau, is a resort and casino located at Taipa, Macau, China. The change of name were caused by the opening of Crown Towers Macau in June 2009 as part of the City of Dreams development. It contains 220 gaming tables, 500 gaming machines, and 216 guest rooms (previously known as Crown Casino). With 38 floors at a height of 160 meters, Altira Macau is the highest building in Taipa. It was built and
James Packer In October 2008, Packer wrote down his final 25% stake in PBL Media to zero. By the end of 2012, debt from CVC's acquisition had overwhelmed Channel Nine and US hedge funds ousted CVC, taking complete ownership. Packer was a director of Australian Telecommunications company One.Tel, which was declared insolvent during May 2001. The collapse of One.Tel cost PBL 327 million. Packer admitted at a PBL annual general meeting that he had learned "painful lessons" from the collapse of One.Tel. Later at the liquidator's inquiry over the collapse he denied that he was apologising for his own personal conduct; instead,