Echo Entertainment Could Fetch $75 Million For Jupiters Townsville

Echo Entertainment is accepting bids for its Jupiters Casino property in Townsville. The renowned casino operator is selling the casino because it ‘doesn’t fit’ with the rest of its East Coast operations, and bidders could spend up to $75 million on the property. A report in the Townsville Bulletin noted that the most likely buyer[…]

Three New Casinos to Open in Queensland

For months, Brisbane politicians have been weighing the pros and cons of opening up a new casino in the city. Now, the state government has made the decision infinitely easier. This week, Premier Campbell Newman announced that Queensland will be handing out a total of three new casino licenses. At the moment, Echo Entertainment and[…]

Crown’s Sydney Casino Proposal Approved

Crown Casino is the victor in its bitter battle against Echo Entertainment. Over the course of the past month, the two casinos operators have vied for the opportunity to expand Sydney’s gambling market, and Crown Casino’s proposal has been chosen. This likely comes as devastating news for Echo Entertainment, which will be forced to give[…]

Crown Ltd and Echo Entertainment Battle Over Sydney Exclusivity

In 2019, Echo Entertainment no longer has exclusivity in Sydney’s casino market. Crown Casinos is now making plans to encroach on The Star’s territory by building a high roller gambling venue in Barangaroo – but Echo Entertainment has not taken the situation lying down. This week, the company announced its plans to expand its casino[…]

$1 Billion Investment for Brisbane Casino Resort

Echo Entertainment is making plans to expand its brand in Brisbane with a casino resort. Whether the gambling operator decides to expand the Treasury Casino or build an entirely new property, the project is going to cost at least $1 billion. Over the course of the past few years, Brisbane has grown into a busy[…]

MP Wants Auditor General’s Opinion on Crown Casino Proposal

Crown Casino seems to have wooed most Sydney politicians with its plans to build a new high-roller casino in Bangaroo. However, there are some political figures that are not yet convinced, and they require some unbiased examination before they show their support for the plan. Sydney MP Alex Greenwich has written to the Office of[…]

New Star CEO Wants To Improve Casino’s Reputation

Last year, Australia’s most popular casino found itself embroiled in a damaging scandal as former Managing Director Sid Vaikunta was accused of sexually harassing staff. Now, Vaikunta is gone, but The Star’s tarnished reputation remains. Now, John Redmond has taken on the role of Echo Entertainment’s new chief executive, and he has charged himself with[…]

Will The Star Become A Casino Resort?

Echo Entertainment is having its exclusivity threatened by threats that Crown Casinos will be building a new casino in Bangaroo in 2019. If the local government gives James Packer the go-ahead, The Star will no longer be the only casino on Sydney’s waterfront, and the two companies will compete for players. To prevent this from[…]

New Crown Casino to Overshadow Echo Entertainment

This week, Crown Casinos finalized its plans to build a new casino in Sydney and the news has covered headlines across the country. It has completely overshadowed Echo Entertainment’s announcement that it would be building a new casino in Brisbane, which also seems to be foreshadowing how the business will fare when it is launched.[…]

Echo Entertainment Makes Plans to Sell Townsville Casino

Plenty of changes are taking place in Australia’s land-based gambling market, with companies like SkyCity and Crown Casinos making plans to expand. Now, Echo Entertainment is looking to make some changes – but its plans are quite the opposite of expansion. The company is looking for another operator to take Townsville Casino off of its[…]

The Star Contributes to Echo Entertainment Growth

The Star Casino has seen a great deal of business over the course of the past year, ever since reopening after its multi-million dollar renovation. All of the hard work and money spend has paid off, as The Star is partially responsible for Echo Entertainment’s 11% profit boost this year. Over the course of the[…]

Echo Entertainment Chairman Pressured Into Resignation

Echo Entertainment chairman John Story has been forced into resigning, after Crown Casinos owner James Packer spent months campaigning for it. The situation seemed to be settled earlier this week, when Packer called off a shareholders meeting, during which members would vote on the issue; however, Echo Entertainment requested his resignation, claiming that the controversy[…]