It’s an opportunity billionaire James Packer couldn’t afford to miss.

The mogul is boosting his stake in the Australian casino operator Crown Resorts Ltd. by 3 percentage points, the company announced in a filing to the Australian Securities Exchange.

Packer’s ordinary shares is now at 386 million, up by nearly 21.9 million units. This, in turn, increases the businessman’s voting rights to 53.01 percent from 50.01 percent previously. The strike reference price per share at the time of the trade was AUD11.94 ($8.43), according to the filing.

Packer, who stepped down from his chairman post at Crown Resorts after the company delivered a “mixed” fiscal year report, made use of ASX’s rules that allow investors to buy as much as 3 percent in a company every half year, according to The Australian.