Casino operator Echo Entertainment plans to raise funds by issuing new shares.
Echo shares were placed in a trading halt, ahead of the release of full details of a capital raising venture.
"Echo makes this request for a trading halt pending the announcement of a proposed capital raising," Echo said in a statement.
The company last week lost its chairman John Story after Crown's James Packer launched a public campaign against him.
Crown is Echo's largest shareholder, with a 10 per cent stake.Echo owns The Star casino in Sydney, the Jupiters casinos on the Gold Coast and in Townsville, and Treasury casino in Brisbane.
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