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New Zealand – SkyCity sells Christchurch to focus on Queenstown

SkyCity Entertainment is offloading its share of Christchurch Casino and buying up all the shares of Queenstown Casino. The New Zealand operator confirmed it has sold its 50 per cent stake in Christchurch Casino to co-owner Skyline Enterprises for NZ$80m and bought Skyline’s 40 per cent share in Queenstown Casino for $5m. Creating jobs, encouraging…