Friday, March 29, 2024

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SkyCity appoints new Chief Information Officer

New Zealand's SkyCity Entertainment Group Limited has announced the appointment of Andrew McPherson as Chief Information Officer, effective from March 18, 2024 pending all requisite regulatory approvals.

SkyCity to appoint interim COO: Brad Burnett

SkyCity has announced the appointment of an interim Chief Executive Officer for New Zealand, elevating Brad Burnett to the role, effective on March 9th.

SkyCity ruled to pay $8.6M in unpaid casino duty

The South Australian Court of Appeal has ordered that SkyCity Entertainment Group pay an additional casino duty of AU$13 million ($8.6 million).

SkyCity sees drops in profit and revenue in 1H24, despite uptick in Auckland property

New Zealand and Australian gaming operator SkyCity Entertainment Group has reported a yearly drop in both revenue and net profit for the six-month period ended December 31st, 2023.

SkyCity sets aside $48.4M as penalty for AML failures

New Zealand Casino operator SkyCity has come to an agreement with the Australian financial crimes watchdog and is preparing to pay a penalty of NZ$75 million ($46 million) plus costs.

SkyCity to pay $125 million due to Auckland car park concession dispute

New Zealand and Australian gaming operator SkyCity Entertainment Group announced it has reached a resolution agreement for its dispute with MPF Parking, concerning the concession agreement for a car park in Auckland.

SkyCity lowers estimates for FY24, as EGM revenue dropped and Adelaide contributions weakened

New Zealand and Australian gaming operator SkyCity Entertainment Group has announced that it’s expecting its normalized EBITDA for its fiscal 2024 to be effectively flat, reaching between NZ$290 million ($178.65 million) and NZ$310 million ($190.97 million).

NZ High Court rules in favor of SkyCity over compensation value calculation for Auckland car park

New Zealand and Australian gaming operator SkyCity has announced that the High Court of New Zealand has ruled in favor of the company over a dispute related to the concession of its SkyCity Auckland car park.

SkyCity CEO Michael Ahearne to resign, effective March 2024

Australia and New Zealand gaming operator SkyCity Entertainment Group has announced that its CEO Michael Ahearne is going to resign from the role in March of 2024.

SkyCity promotes Donna Cooper to a director position

Australia and New Zealand gaming operator SkyCity Entertainment Group has announced the appointment of a new non-executive director to the company’s board. The group, in a Thursday announcement, noted that Donna Cooper had been approved as a non-executive director of the SkyCity board, effective the same day.