Time to wager on Crown

Concerns over capital expenditure requirements and the impact of a Chinese corruption crackdown have created an opportunity in this casino icon.

When James Packer's Crown Resorts announced it was bringing a casino to Sydney in 2019, Echo Entertainment's shares were hit by concerns over the impact the new casino would have on its main asset, The Star casino. Investors who bought amidst the panic surrounding Echo were rewarded handsomely.

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