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Echo Separates with Tabcorp, Invests in Upgrades for Revenue


Tabcorp Holdings' (ASX:TAH) spin off Echo entertainment will seek revenue through the refurbishment of three Queensland casinos and a $1 billion upgrade of Star City in Sydney. As speculations went ahead of the $5.2 billion demerger of Tabcorp and Echo, chairman John Story says that the upgrade of Star City was achieved without interfering with revenue.

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