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Business Description: Echo Entertainment Group Limited (EGP) is listed on the ASX after the demerger from Tabcorp Holdings Ltd (TAH). The standalone entity operates casinos in New South Wales and Queensland, Australia.
Strategy Analysis: Immediate focus is on the redevelopment of its Queensland casino. The project is underpinned by regulatory concession agreed on with the Queensland government. This includes additional gaming tables and electronic gaming machines. Renovation at The Star is near completion with gaming floors reopened. A nightclub and events centre is expected to complete in 2H12 and FY13, which will lift traffic flow in the casino complex. Operational efficiencies will also lift margins.
The Age 26/05/2012 | I WAS reading some old Marcus Today newsletters. From 2003. Let me take you back and allow you to exercise the power of hindsight:
The Age 25/05/2012 | RADIO People are six times more likely to go to an advertiser's website if they have heard the ad on radio, according to research by Colmar Brunton, released by Commercial Radio Australia. The research showed that radio advertising has an immediate effect on people's digital activity, with more than three-quarters of those exposed to advertising visiting a website or Facebook page or searching for the brand online within 24 hours. Commercial Radio Australia chief executive Joan Warner said the ...
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