Echo Entertainment Wins Brisbane Casino Bid
The long-awaited decision for the Queensland federal government as to whether James Packer's Crown Resorts or Echo Entertainment become provided a permit for the construction of a casino in the region had been announced simple hours ago.
Echo Entertainment could be the company permitted to proceed with the construction of the luxurious casino resort located on the riverfront land in Brisbane.
In line with the details included in Echo's proposal, the long run arc-shaped property is to feature a ballroom, moonlight cinema, sky deck, also lots of dining and entertaining facilities.
Echo's task would be to play a key part in the development of this Queen's Wharf, that will have its pedestrian bridge, five resort hotels of world class quality and three domestic towers.
Annastacia Palaszczuk, the present Premier of Queensland, stated that the casino construction will be a great action towards the revitalization of Brisbane. The resort that is mega also boost the economy as hundreds of construction and permanent jobs can be created.
Ms. Palaszczuk said that one associated with explanations why Echo Entertainment is the company that is awarded the truth that their project features a large amount of room where in fact the access won't be limited. She also included that Echo had been the business, which were able to convince the federal government members so it gets the financial resources to complete the project.
The primary competitor of Echo ended up being Crown Resorts, owned by James Packer.