"ECHO Entertainment has launched the first salvo in its campaign to persuade the New South Wales government that the NSW economy would receive a larger boost and a bigger tax haul by not granting James Packer's Crown a second casino licence at Barangaroo.
The Echo offensive will be an uphill battle given all indications are that Premier Barry O'Farrell's remaining approval stages are all but a rubber-stamping exercise."
More here: http://www.smh.com.au/business/echo-argues-no-new-licence-best-for-tax-gatherer-20121130-2amey.html
EGP Price at posting:
$3.54 Sentiment: LT Buy Disclosure: Held
