Last drinks at Echo

This stock has been a classic contrarian play, producing a 48% return in barely a year. But with Mr Market regaining his senses we’re moving on.

Last year casino operator Echo Entertainment Group was in the headlines for all the wrong reasons. The company’s $1bn refurbishment of The Star casino hadn’t produced a satisfactory increase in profits and then James Packer twisted the knife by announcing that Crown Resorts build a rival casino on the other side of Darling Harbour as part of the Barangaroo redevelopment.

{{content.question}}

{{ twilioFailed ? 'SMS Code Failed to Send…' : 'SMS Code Sent…' }}

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

We cannot send you a code via SMS to {{user.DayPhone}}

If you didn't receive SMS code please

SMS code cannot be sent due to: {{ twilioStatus }}

Please select one of the options below:

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device


Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa
Mastercard

The email address you entered is registered with InvestSMART.

Please login or select "Don't know password"

Please untick this box when using a public or shared device


Register as a new member

(using a different email)

Related Articles