Echo to bulk up Star ahead of Crown threat

Original article by Perry Williams
The Australian Financial Review – Page: 15 : 25-May-15

Australian-listed Echo Entertainment Group has not yet decided whether to expand its existing hotels at The Star in Sydney or build another hotel at the casino complex. The Star has a $A500m capital works budget for the next five years, as it prepares for the entry of Crown Resorts into Sydney’s casino market in 2019. The Star also intends to expand its gaming floor with the addition of extra gaming tables.

CORPORATES
ECHO ENTERTAINMENT GROUP LIMITED – ASX EGP, THE STAR, CROWN RESORTS LIMITED – ASX CWN, CROWN MELBOURNE LIMITED

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