Australia’s Echo closes on rival Crown in China gambling war


SYDNEY: Australian casino firm Echo Entertainment Group Ltd will pay a Hong Kong partner to fly in rich Chinese gamblers to a lavish new complex in Brisbane, upping the rivalry with Crown Resorts Ltd for tourism’s most coveted demographic.

After pipping Crown for a licence to build a new casino in Australia’s third-largest city, Echo yesterday said it would team up with Hong Kong conglomerate Chow Tai Fook to bring Chinese high-rollers to Brisbane as an alternative to the Asian gaming hubs of Macau and Singapore.

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