EGP 1.02% $4.85 echo entertainment group limited

if crown does/doesn't get approval

  1. 1,182 Posts.
    http://www.smh.com.au/business/odds-favour-crown-in-fight-for-winning-hand-in-sydney-20130513-2jibg.html

    Informative article speculating on what will happen if Crown gets or doesn't get approval for second casino now that they have gotten approval to take their stake in EGP up to 23%.

    I personally think Crown will get it, given O'Farrell's blatant favouritsm towards Packer, and now Packer has also stuck his flag into Sydney by sponsoring the Rabbitohs (which came about because EGP no longer wanted to be sponsors, and Russell Crowe made them out to be the bad guys).

    Not a good look overall for EGP.
 
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