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SkyCity’s Adelaide Resort to be called Eos

SkyCity’s new hotel and casino in Adelaide is to be named after Eos, the goddess of the dawn in Greek mythology. Eos by SkyCity Adelaide...

SkyCity advances plans for major expansion of Adelaide Casino

A major expansion of Adelaide Casino has moved a step closer after SkyCity Entertainment lodged plans for the exterior design of the development with...

GLI Australia appoints Andrew Campbell as manager of compliance, quality

Gaming Laboratories International Australia has announced Andrew Campbell as manager of compliance and quality assurance following continued growth in the region, especially in the...

Standard & Poor gives SkyCIty bonds ‘BBB-‘ rating

Standard & Poor's Ratings Services has assigned its 'BBB-' rating to SkyCity Entertainment's NZ$100 million ($64.8 million) seven-year bonds. The unsecured, fixed-rate bonds, which will...

SkyCity reports normalized revenue of $1 billion for FY15

SkyCity Entertainment reported normalised revenue of NZ$1 billion ($657 million) for the full year ending June 30, 2015, up 8.7 percent on the previous...

SkyCity sees international growth, but clouds gather over Auckland project

SkyCity Entertainment Group is optimistic about its prospects, but analyst reactions to its latest results have been lacklustre, while a major project designed to boost growth at home is facing difficulties. The company, which operates four casinos in New Zealand and two in Australia, is facing stagnant growth in its home market, while competition is set to mount in Australia. Overall in the 2013/2014 financial year New Zealanders spent $1.54 billion on the four main forms of gambling, an increase of less than one percent, while casino spending fell 2.1 percent. The company reported a flat profit of $66.6 million ($49 million) in its six monthly results on Wednesday, but also pointed to its increasing investment in Australia and its growing international business. SkyCity offered no full-year profit guidance, and its major capital investment project – an international convention centre in Auckland – is now in considerable doubt.

No short-term gain seen from SkyCity as analysts downgrade to sell

The rating on SkyCity Entertainment Group’s shares has been downgraded from hold to sell by analysts from Deutsche Bank and Craigs Investment Partners, reflecting...
life after pogos

Life After POGOs – AGB Pop-Up Forum

The Philippines and Asia’s online gaming industry is going through uncertain times, with the gaming regulator seeing more and more operators leaving the country for greener pastures.
AGB Webinar - Acquiring and Retaining iGaming Customers

Acquiring & Retaining iGaming Customers

In this AGB Webinar Series, we covered the newest strategies for iGaming player acquisition and retention.
Asia Gaming Briefings, april 2021

Asia Gaming Briefings – April 2021 Edition

In this April edition of Asia Gaming Briefings we take the pulse of how the North Asia jurisdictions of Japan, Korea and the Russian Far East have fared.
Agbriefings February 21

Asia Gaming Briefings – Feb 2021 Edition

The world is bouncing back, or at least coming to grips with the fact that going forward not much will be the same as before. Commendably, this industry quickly understood the need to adapt to a new normal, and that the days of targeting the low hanging fruit of the VIP sector are gone.
asia gaming briefings Dec 20

Asia Gaming Briefings – Dec 2020 Edition

Over the years, many of the answers have been remarkably prescient in their forecasts for the near-term direction of Asia’s gaming industry. However, we can safely say that no one came anywhere close to guessing what 2020 may have had in store.