Wednesday, August 15, 2018
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SKYCITY CEO sees bright future; analysts unexcited

SKYCITY Entertainment CEO Graeme Stephens is optimistic about the group’s prospects, helped by expansion in Auckland, a planned venture into online gaming and a rebound in international VIPs, although analysts remain cautious.

SkyCity international business rebounds, drives record FY17 results

SKYCITY Entertainment Ltd, the NZX listed operator of six casinos and hotels in New Zealand and Australia delivered record results in FY17, as international...

NZ gaming industry sees rapid growth

New Zealand’s video gaming industry revenue grew 43 percent in the year to March to NZ$595 million ($400 million), most of it earned from...

Aquis and ESE launch eSports venture

Aquis Entertainment and Executive Sports and Entertainment have reportedly launched a joint venture called QeSports to invest in the esports market.  

NZ venues trial facial recognition technology

About 15 gaming venues across New Zealand are trying out facial recognition technology, with a further six to install the system in the next few weeks, local media reports.

Government to crackdown on advertising loophole

The New Zealand government has promised to put an end to a loophole that effectively allows online casino operators to advertise on national television,...

SKYCITY raises $40m through carpark sale

SKYCITY Entertainment Group said it’s agreed to sell a carpark in Auckland for $40 million as part of a program to reduce assets and raise capital to pay down debt and fund future growth.

Slot machine spending up 2.3 percent in 18Q1

Slot machine spending in New Zealand showed a 2.3 percent increase in the first quarter of 2018, according to data from the Department of...

SkyCity posts 4.6 pct increase in revenue YTD

New Zealand casino operator SkyCity Entertainment Group on Tuesday reported a 4.6 percent increase in revenue year-to-date, helped by a 2.6 percent increase in...

SkyCity wants at least $154.3 million for Darwin Casino

SkyCity Entertainment Group is looking to sell its Darwin casino business for at least A$200 million (US$154.3 million), but will have a hard time...

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