Echo creeps up on Crown with gambling development proposal

Echo and Crown are expected to make their gambling development proposals to the New South Wales government, with both likely to be worth around $1 billion

Echo and Crown are expected to make their proposals to the New South Wales government. Michael Goltsman, the Citigroup analyst who follows casino operators, says both companies' gambling development proposals are likely to be worth around $1 billion. They will attempt to convince the government they can attract more tourists to Darling Harbour through their developments, something the NSW government desperately wants. 

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