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New Multibillion Dollar Casino Bid for Casino in Brisbane

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An image of The Echo Entertainment Logobrisbane

since the announcement of a new casino project to take off in Brisbane, people have been wondering who will win the rights to build the new casino resort. Currently, Echo Entertainment is taking the spotlight to win building rights, but Crown Casino is also in the running.

Brisbane – Australia

On the 14 July 2015, we will hear the results on who will win the rights. Most people are betting on Echo Entertainment to take the win as they would need the opportunity more than Crown Casino would, but nothing is certain as Crown Casino has also increased there offering to help win the bid.

“The independent panel went through a number of criteria and we’ll be going through this in more detail tomorrow [Tuesday], but one of the signature efforts was this large amount of public space that families will be able to enjoy,” Ms Palaszczuk said.

she continued to say “We needed to have that financial security but also we wanted to minimise any risk. So this is a good announcement, it is fantastic for Brisbane and I am quite sure the people of Brisbane will embrace the new Queens Wharf development.”

Echo Entertainment has stated that they are willing to move their 1600 poker machines to the new site if they win. Crown Casino has stated if they win they will attempt to buy back as many poker machines from local pub and restaurants to keep numbers down; this might be an issue as licenses require a minimum of 1500 machines for a second license. It may not be an easy one, however, there must be a winner for this bid.

Echo Entertainment has the only casino license in the city and this is why they could really be a potential for the winning! Let’s wait and see who will win the bid!