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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.
COLOMBO (Reuters) - Sri Lankan President Mahinda Rajapaksa lost his bid for a third term on Friday, ending a decade of rule that critics say had become increasingly authoritarian and marred by nepotism and corruption.
COLOMBO (Reuters) - In a measure of how far Thursday's presidential election in Sri Lanka has become a knife-edge contest, diplomats here have been checking the rules in case of a dead heat: according to a 1981 act, the rival candidates would draw lots to settle on a winner.
COLOMBO (Reuters) - Over a dinner of rice-flour pancakes with his trusted health minister one evening in November, Sri Lankan President Mahinda Rajapaksa observed with a grin that there would be no serious candidate to challenge him in the coming presidential election.
SYDNEY: Australian gaming group Echo Entertainment, which has been gearing up for a looming battle with a rival luxury casino a mile from its key Sydney asset, posted full-year earnings that beat its own forecast.
SYDNEY: Australian gaming company Echo Entertainment Group topped market expectations as it posted a 12 percent rise in full-year earnings on Wednesday, boosted by an improved performance from its Australian casinos.