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Packer and friend fined after alleged public fight

9 May 2014

AUSTRALIA -- James Packer has been fined $468 over public disagreement, which became physical with the CEO of Nine Entertainment Co, according to a Bloomberg report.

Packer is alleged to have wrestled with David Gyngell, in some manner of heated disagreement, the report explained.

The fine is unlikely to impact Packer professionally in terms of obtaining casino licenses and shares in Crown Resorts Ltd rose 0.2 percent, following news of the fight, Bloomberg noted.

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