Echo and Crown battle for BrisVegas

Local investors think Crown has the upper hand in Brisbane, and the market doesn't seem big enough for two operators.

The recent exodus of high-roller players from the casinos of Macau has been a boon to both Echo Entertainment and Crown in Australia, driving VIP revenues up by 40 per cent for each of the bitter rivals in the first half of the calendar year.

The influx of big-spending Asian players is an indicator of how much is at stake for the Australian gaming groups in the next few months, when the fate of the Queen’s Wharf development in Brisbane will be decided.

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