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James Packer’s bets on AI pay off after sell-down in gaming shares

The former Crown owner increased his Nvidia holding to 1.5 million shares as Palidye Holdings also kept positions in Meta Platforms and Microsoft.

The billionaire former Crown Resorts owner has shifted his American investment strategy away from gaming companies back towards profitable big tech stocks.

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Bias Distribution

  • 100% of the sources lean Left
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Sydney Morning Herald broke the news in North Sydney, Australia on Monday, August 17, 2026.
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