Echo boss hits out at Packer

Competition for gaming revenue not only about number of casinos in a city: Redmond.

Echo Entertainment Group Ltd chief executive John Redmond has hit out at rival Crown Ltd and the NSW government, saying lack of competition in Sydney was not to blame for a low share of VIP gambling revenue, The Australian Financial Review reports.

According to the newspaper, Mr Redmond warned competition in Brisbane would kill off Echo's Treasury Casino, calling Crown boss James Packer's assertion that Echo neglected its Queensland properties "completely inappropriate".


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