Wednesday, November 29, 2023

Tag: New Zealand

SkyCity buoyed by positive New Zealand results following re-opening

SkyCity Entertainment Group said business has been “encouraging” since the firm resumed operations at its New Zealand properties in mid-May.

Revival of the fittest: SkyCity retains Darwin casino despite threat of sale

Casino operator SkyCity Entertainment Group has recorded H217 revenue of $554.7m, despite company discussions in October last year to sell its underperforming Darwin casino to recover losses.   The New Zealand-based company reported the 3.6 percent increase year-on-year in early February, but has not ruled out still disposing of its Australian Northern Territory facility, regardless of its return to stable performance. “We...

Nigel Morrison resigns as SkyCity CEO

The SkyCity Entertainment Group has announced Nigel Morrison’s resignation as both chief executive and managing director, effective from April 29. A press statement on behalf of the casino operator said that both Morrison and the company’s board of directors had been in ongoing, mutual discussion regarding his succession since last September. “Nigel has done an excellent job,” stated the company’s chairman,...

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