Tag Archives: Echo Entertainment
- The Star to build second tower at Jupiters casino
February 12, 2016
The Star Entertainment Group plans to build a second tower at its Gold Coast site, in addition to the $345 million refurbishment of the Jupiters Hotel and Casino and the 17-storey luxury tower under construction. The Star Entertainment, formerly known as Echo Entertainment Group, said that it had begun the...
- 2015 Year in Review for Gambling Stocks
December 29, 2015
2015 is coming to an end and it’s time for a review of investment calls this year. I went through all of this year’s articles and picked out the ones with explicit investment or trading recommendations. As usual there were wins, losses, and washes. Let’s begin with the losses first....
- Echo Entertainment boss: VIP high rollers are abnormally winning
November 4, 2015
VIP high rollers are “abnormally” winning against Australian casino operator Echo Entertainment and it’s hurting the company’s revenue. Echo Entertainment Group Chief executive Matt Bekier told shareholders during the company’s annual meeting that Echo isn't winning as often as it usually does against high-rolling VIP gamblers at its casinos, which...
- Chinese high rollers will drop $2m on gambling then argue over price of coffee
October 10, 2015
Australian casino operator Echo Entertainment is relying on one of its joint venture partners for insights into the mind of the Chinese VIP gambler. David Chiu (pictured), the Hong Kong billionaire whose Far East Consortium has partnered with Echo and Chow Tai Fook Enterprises on Echo’s in-development $3b Queens Wharf...
- Genting HK closer to increasing stake in Echo Entertainment
September 4, 2015
After more than three years of waiting, Genting Hong Kong has finally received regulatory approval to increase its stake in Australian casino operator Echo Entertainment. The New South Wales Independent Liquor and Gaming Authority (ILGA) announced on Friday that it has given Genting Hong Kong permission to increase its shareholding...
- Echo Entertainment’s Queensland casinos to get ‘Star’ treatment
August 28, 2015
The Treasury and Jupiter casinos in Queensland are about to get a “star” makeover. Echo Entertainment, which operates the two casinos, said Friday it will phase out the Treasury and Jupiter branding as part of the company’s plan to rebrand as The Star Entertainment Group. “The intention is to change...
Indian cricket team banned from visiting casinos in Australia
January 18, 2016
Kim Dotcom predicts bitcoin will hit $2000 in 2018
October 3, 2016