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21 May 2025

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SkyCity drops full year profit outlook
Underlying profit for the 12 months ending in June was expected to be down about 4 percent, the casino operator said.

SKC - Updated FY25 Full Year Earnings Guidance
SkyCity Entertainment Group Limited (SkyCity) is taking this opportunity to update previous guidance and expectations for its FY25 full year results

SkyCity casino wants to build larger deck so more people can smoke while playing pokies
The move has outraged public health groups who are opposing the casino's application to the Gambling Commission.

SkyCity settles long running tax dispute with Australian government with $42m cost
The High Court of Australia ruled against SkyCity last October.

Auckland restaurant named a winner in global design awards
Metita in Auckland’s SkyCity hotel has been recognised in a prestigious competition.

SKC - Resignation of General Counsel and Company Secretary
Pursuant to NZX Listing Rule 3.20.1(a), SkyCity Entertainment Group Limited (SkyCity) advises that Jo Wong has resigned and will step down from the role of General Counsel and Company Secretary on 22 January 2025

SkyCity fined $4.16m for breaching obligations
The casino has admitted responsibility for significant failings following a review by the The Department of Internal Affairs.

SKC - Appointment of Managing Director Adelaide
Pursuant to NZX Listing Rule 3.20.1(a), SkyCity Entertainment Group Limited (SkyCity) is pleased to announce that Avril Baynes, currently Interim Chief Operating Officer Australia, has been appointed Managing Director Adelaide effective from 16 September

SkyCity reveals dates of five day closure after breaching obligations
The casino will close for five days in early September, likely costing the company around $5 million.

Auckland’s SkyCity Casino to shut for five days
SkyCity Casino will close following the prosecution for breaches of the anti-money-laundering and counter-terrorism law.

SkyCity downgrades 2025 earnings forecast
SkyCity says worsening market conditions will affect its June year 2025 result.

SkyCity takes a hit as gamblers limit spending
The casino operator's revenue was also affected by higher regulatory costs.

SkyCity International Convention Centre delayed by 3-6 months, will not host events until 2026
Chief executive Jason Walbridge says delays by the contractor Fletcher Construction mean SkyCity does not expect to commence its own commissioning and operational activities at the NZICC until the second half of 2025.

SkyCity Entertainment battling economic odds
The casino company says it's still battling the odds with revenue dampened by the slow economy, with another hit in prospect, as dividends remain off the table for now.

SkyCity Adelaide could be liable for up to A$25.3m after High Court ruling
The High Court of Australia has ruled against SkyCity Adelaide in a disagreement over the tax treatment of customer loyalty points used in its gaming machines.

CorPlan wins contract to supply SkyCity with IBM software
CorPlan NZ has snagged a key contract to supply SkyCity with IBM Planning Analytics software, enhancing budgeting and forecasting efficiency amidst stiff competition.

SkyCity casino shut down after player loses $1m
'We made mistakes': The casino is closed for five days.

SkyCity posts $143m full year loss
A writedown in the value of Adelaide Casino's assets and a tax adjustment of nearly $130m contributed to the loss.

SkyCity warns shareholders of $94.3m writedown
It said the non-cash charge reflected the costs of the move to electronic gambling cards.

SkyCity five-day closure 'extremely significant' reminder of casino's obligations
There were also 23 occasions in total when the gambler played uninterrupted for several hours.