Thursday, February 21, 2019
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SKYCITY’s shares fall as market digests results

SKYCITY shares opened at NZ$3.83 this morning four percent down on its peak price for the year of NZ$3.99 on Tuesday the day after...

Skycity net profit up 11.4 percent in first half of FY19

SKYCITY Entertainment Group has reported strong financial results, with normalized net profit after tax up 11.4 percent for the first half of the year,...

SkyCity’s FY19 earnings growth to beat expectation

New Zealand casino operator SkyCity is expected to report better-than-expected growth in normalized earnings after a strong six months ended December 2018. In a statement...

Activists call for horse racing ban on welfare concerns

New Zealand’s horse racing industry, which is already facing major challenges in the form of a government overhaul, has now come under threat from activists who are calling for a ban on both wagering and racing itself.

NZRB launches sportsbook powered by SG

The New Zealand TAB has launched a new sportsbook on mobile and digital platforms, powered by SG Digital’s OpenBet sports betting technology. The new...

SKYCITY strengthens Asian expertise with new management

Australasian casino and hotel operator SKYCITY Ltd has beefed up its management team with two new appointments for Asian sales and in property management.

NZ race reform hits hurdles

The Minister of Racing is now taking a more cautious approach to reform of the racing industry after intense lobbying from racing clubs, warnings that the reforms are unworkable and signs from his majority coalition partner that it will not support some of the proposed changes.

14 now charged in race-fixing inquiry

Twelve more charges alleging race fixing have been laid against nine defendants including one new defendant in the New Zealand Police’s race-fixing inquiry. This...

SKYCITY faces Queenstown license dilemma

SKYCITY has a problem in Queenstown, New Zealand’s premier resort town and it knows there are no easy solutions.

SkyCity says international business drives revenue

SkyCity Entertainment says its international business is up 36 percent in the year through to November, though domestic revenue is lagging.

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SKYCITY’s shares fall as market digests results

SKYCITY shares opened at NZ$3.83 this morning four percent down on its peak price for the year of NZ$3.99 on Tuesday the day after...

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