SYDNEY, Aug 12 (Reuters) - Australian gaming firm Echo Entertainment Group EGP.AX on Wednesday reported a 59 percent rise in full year net profit to A$169.3 million ($123.7 million) after improved marketing and loyalty programs drove strong domestic revenue growth.
Echo and Hong Kong partners Chow Tai Fook Enterprises and Far East Consortium last month won a licence to build a casino in the centre of Brisbane, edging out rival Crown Resorts CWN.AX for a development positioned to benefit from an influx of Chinese high rollers. ID:nL3N1005BE
Revenue was up 18.5 percent over the year and Echo said that domestic gaming revenues in July "continue to benefit from the momentum built over the course of FY2015."
($1 = 1.3682 Australian dollars)