mainland nationals: Crown Resorts, controlled by James Packer, closed 13.9% lower on Monday after the company confirmed its staff had been detained in China, according to Nine News Australia. The share price tumble saw Mr Packer wealth cut by more than half a billion dollars. They could be charged with organising activities for mainland nationals overseas, Fairfax reported. Among the arrested staff was the most senior executive Australian Jason O'Connor, head of international VIP, who is responsible for bringing whales - wealthy clients - to Australia. Investors fear the detention of the Crown employees may indicate the Chinese government is about to get tougher on gambling in Macau, where Crown operates three casinos under the joint venture Melco Crown Entertainment. Crown said it was not aware why the 18 employees had been detained.
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