ECHO'S PROFIT SURGES
4 February 2015, Written by Laura Daquino
ECHO Entertainment Group (ASX: EGP) has posted a profit surge, recording a statutory NPAT of nearly $97 million, up almost 111 per cent from the prior corresponding period.
In an interview with Brisbane Business News today, CEO Matt Bekier seemed confident that the current state of political limbo wouldn't impact on any development with the proposal.
"Our commitment to Queensland hasn't changed at all, and we hope the same goes for the elected party and that they come on board."
"It will take a bit of disruption and time to gain attraction with all of the casino's new products and services.
"But from 2016 onwards, we are expecting a lot from Queensland."