New Zealand

New Zealanders spent 5.7 percent more in FY 2016/17 on gambling activities, with lotteries claiming a large increase at the expense of pokies, racing, sports betting, and casinos, the latest figures from the country’s regulator show.

SkyCity Entertainment Group reported an 11.6 percent rise in net profit for the half year ended December 31, 2017, aided by modest growth in its NZ properties and growth in international business.

SkyCity has appointed Liz McNally into the newly created position of chief marketing officer.

New Zealand’s racing industry is facing a major overhaul designed to bring in more international interest and boost revenue, though some critics say it increases political involvement in a traditionally neutral industry.

New Zealand’s racing industry is facing a major overhaul designed to bring in more international interest and boost revenue, though some critics say it increases political involvement in a traditionally neutral industry. The recent national elections returned strident nationalist leader Winston Peters as Minister of Racing and Deputy Prime Minister in a coalition government. Peters leads the New Zealand First Party (NZF), which holds the balance of power in the New Zealand parliament following an inconclusive election in September. The new policy reflects that of NZF.



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Casino operator SkyCity Entertainment Group says it expects “modest growth” for the 2018 financial year, based on year-to-date figures.

Slot machine spending in New Zealand posted its fourth year of growth in September, with latest figures showing a 3.4 percent annual increase, according to data from the Department of Internal Affairs.

There is renewed speculation that SkyCity may put its troubled Darwin casino up for sale after comments from SkyCity’s new chief executive at an AGM in Auckland.

New Zealand casino operator SkyCity has acquired a 40 percent stake in esports entertainment company, Let’s Play Live Media (LPLM).

New Zealand casino operator SkyCity has acquired a major interest in a 17 storey office building located on the Federal Street precinct.

An increase in spending on pokies in New Zealand’s clubs and bars, despite a shrinking number of venues, has baffled industry regulators.

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