Crown Resorts shares plunge after Las Vegas suitor Wynn pulls deal

Crown Resorts shares plunged more than ten percent after a potential suitor Wynn Resorts abruptly terminated its proposed $10 billion takeover deal. 

In a brief statement, Wynn said the deal was off because it had been prematurely disclosed to the Australian sharemarket. 

ABC's Peter Ryan says there is little doubt that James Packer will be seeking another deal and that his plans to sell down assets continue.