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Echo wins Brisbane casino resort bid
Published Mon, Jul 20, 2015 · 09:50 PM
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Sydney
ECHO Entertainment Group Ltd won the right to develop a gambling resort in the centre of Brisbane, fending off competition from billionaire James Packer's Crown Resorts Ltd which broke its Sydney casino monopoly two years ago.
A consortium led by Echo and including Chow Tai Fook Enterprises Ltd and Far East Consortium International Ltd will be the preferred bidder for the river-front site, Queensland state premier Annastacia Palaszczuk said in a media conference on Monday. The resort could cost as much a…
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