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SkyCity lays off 200 people, sees smaller business after lockdown

SkyCity Entertainment Group issued a public statement on Friday morning announcing it was laying off 200 of its New Zealand employees immediately, and making...

Charities hit as pokie dollars dry up

In New Zealand a body distributing tens of millions of dollars of profits from gaming machines in pubs and clubs has stopped giving grants...

Lotto NZ suspends retail sales

Lotto NZ said it’s suspending retail sales and will carry out all its operations online during the lockdown due to Covid-19.

Staff redundancies inevitable: SkyCity CEO

As New Zealand has entered its fifth day of a near-total lockdown, casino operator SkyCity Entertainment Group is on negative credit watch from Standard...

New Zealand declares state of emergency, police enforcing compliance

In New Zealand the government has declared a state of national emergency which with their other legislative powers effectively enables them to run a...

New Zealand enters complete lockdown

New Zealand will go into complete lockdown, except for essential services, from midnight Wednesday. The government has raised the COVID-19 alert level from two to...

NZ TAB requests government bailout

New Zealand’s Totalisator Agency Board, which has a monopoly on off track betting on horses and dogs is in deep financial trouble and is on the verge of collapse – and covid 19 is mostly to blame.

New Zealand Totalisator Agency Board

NZ racing board

New Zealand shuts borders, all tourists locked out

New Zealand has closed its borders to all nations. The last flights from international destinations have already arrived. Partners and children of New Zealand citizens...

SkyCity sees $55m hit to EBITDA vs guidance for 2020

SkyCity Entertainment says it expects its EBITDA for the year to end June to be about $55 million lower than its previous expectations, assuming its properties remain open. 

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New Macau Covid-19 case may dent travel easing hopes: Bernstein

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Australia casinos expected to join global closures this week: JPM

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Tokyo goes under soft lockdown

Tokyo Governor Yuriko Koike announced on Wednesday night a series of measures that amounted to a soft lockdown of the Tokyo Metropolitan District. The governor...