RAJ REPORT

Is the delay in granting a Casino License to AQUIS due to ECHOS REVENUE PROBLEMS and the new $1.5 Billion Brisbane Casino proposel——Echo stock at new low on revenue warning | The Australian——Gavin King thrown under the Bus

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Echo said it had increased its share of the lucrative high-roller market in Australia and New Zealand from 20 per cent in 2010 to 34 per cent in 2013. Most of the growth has come at the expense of Crown, whose high roller share has shrunk from 80 per cent to 60 per cent.

Mr Packer’s Crown business has signalled it could compete for the Queensland licences and is building or considering other development proposals around Asia including the Philippines and Japan

 

 

 

Echo stock at new low on revenue warning | The Australian.

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One thought on “Is the delay in granting a Casino License to AQUIS due to ECHOS REVENUE PROBLEMS and the new $1.5 Billion Brisbane Casino proposel——Echo stock at new low on revenue warning | The Australian——Gavin King thrown under the Bus

  1. Dear raj, There has been some discussion about poke licences. will the casino come with a set number of licences. How many will they get. or will they have to buy up poke licences in the open north queensland market. If so they are going to struggle as I know Cazalys have been trying to acquire some for fret well park only 100 and are struggling to get enough. It is an interesting question because if there is licences attached to the casino licence they may have to change the law to allow more licences into North Queensland. what are your thoughts.

    Happy New year Paul

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