Brisbane casino bid won by Echo
ECHO Entertainment has won the right to build a casino on prime riverfront land in Brisbane, beating a proposal from James Packer’s Crown Resorts.
The proposal from Echo, which operates the Treasury Casino in Brisbane, includes an iconic arc- shaped building with a ballroom, publicly accessible sky deck, 50 restaurants and bars and a moonlight cinema.
The development at the Queen’s Wharf precinct will also deliver five new premium hotels, three residential towers and a pedestrian bridge to South Bank.
Premier Annastacia Palaszczuk said yesterday the Echo proposal stood out due to the public spaces it would create.
“The consortium was able to demonstrate to government that they are ready to proceed,” she said.
“We needed to have that financial security.’’