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Tag Archives: Sky City

New Zealand – Problem Gambling Foundation claims casino slots are more dangerous

New Zealand’s Problem Gambling Foundation has told the Commerce Select Committee looking at the Sky City deal that would bring more casino games in exchange for the construction of the New Zealand International Convention that slot machines in casinos are more likely to lead to cases of problem gambling. If approved, the New Zealand International Convention Centre…

New Zealand – 2013 an ‘acceptable’ year for Sky City

New Zealand-operator Sky City Entertainment Group has reported Normalised Net Profit After Tax (NPAT) of $136.3m, broadly in-line with analyst consensus, for the year ended 30 June 2013. Chief Executive Nigel Morrison said FY13 was an acceptable result when compared to the record year in FY12. In December 2012, the Group sold its 50 per…