SkyCity chief lashes Echo

Morrison say Echo has let down shareholders after losing Sydney monopoly.

SkyCity Entertainment Ltd chief executive Nigel Morrison says Echo Entertainment Group Ltd has let down its shareholders by allowing its monopoly on the Sydney casino market to be broken, The Australian Financial Review reports.

According to the newspaper, Mr Morrison says Crown Ltd's advancement to the next stage of development for a second Sydney casino – at the expense of Echo's bid – "shouldn't have happened".


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