The battle over Sydney’s casino marketplace took a dramatic turn this week, as Echo Entertainment unveiled a plan that would include a $1 billion expansion of these existing Star casino in the city. But while Echo had formerly appeared to want a monopoly over the city’s casino industry, their plan that is latest also incorporates room for a brand new location operated by Crown, their arch rival.
Two Plans Offered Up
Echo’s latest proposal is actually two separate plans they are ready to offer this new South Wales government. In either regarding the two scenarios, Echo claims that they’d be willing to spend A$1.1 billion ($1 billion U.S.) in order to build two luxury that is new along with expanding their casino.
The difference between the two plans comes down to what Echo that is else is to provide the government and whatever they’d allow Crown to complete within the city. An additional $250 [...]