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SkyCity

SkyCity secures debt covenant relief 10th May 2022 /

SkyCity secures debt covenant relief

Sky City Entertainment Group has secured debt covenant waivers from its banking syndicate and US Private Placement holders for the 30 June 2022 testing period.


SkyCity lifts restrictions, signals improving trading 14th April 2022 /

SkyCity lifts restrictions, signals improving trading

SkyCity Entertainment Group says it will operate its New Zealand properties without restrictions on mass gatherings and physical distancing from today.


Sky Tower to go green and gold for Aus return 12th April 2022 /

Sky Tower to go green and gold for Aus return

Auckland’s Sky Tower will light up in green and gold on Wednesday 13 April to celebrate the return of Australian travellers to New Zealand.


SkyCity completes $39.5m investment into GIG 5th April 2022

SkyCity completes $39.5m investment into GIG

SkyCity Entertainment Group has completed its $39.5m equity investment in Gaming Innovation Group, following settlement of GiG’s acquisition of Sportnco Gaming SAS on 1 April 2022.


Sky Tower glows for International Women’s Day 8th March 2022 /

Sky Tower glows for International Women’s Day

SkyCity’s Sky Tower will glow purple this evening for today’s International Women’s Day in support of diversity and inclusion in New Zealand.


“We don’t see an environment where we are shut” – SkyCity’s Ahearne 15th February 2022

“We don’t see an environment where we are shut” – SkyCity’s Ahearne

The casino and hotel operator is in hunker down mode as it controls costs before any meaningful return of international tourists.


SkyCity slumps to $33.7m interim loss due to Covid disruptions 14th February 2022

SkyCity slumps to $33.7m interim loss due to Covid disruptions

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SkyCity Casino Hamilton a location of interest 2nd February 2022 /

SkyCity Casino Hamilton a location of interest

SkyCity Casino Hamilton has been named a Covid-19 location of interest after a Covid-19 case visited between 5.33pm-6.38pm on Tuesday 25 January.


SkyCity unveils premium family suites 19th January 2022 /

SkyCity unveils premium family suites

SkyCity Hotel Group has unveiled its new SkyCity Hotel Premium Family Suites at Auckland.


SkyCity secures covenant waiver, additional $50m facility 30th November 2021

SkyCity secures covenant waiver, additional $50m facility

SkyCity says it has successfully secured a debt covenant waiver from its banking syndicate and US private placement holders.


SkyCity to re-open Auckland properties 3 December 23rd November 2021 /

SkyCity to re-open Auckland properties 3 December

SkyCity Entertainment Group says it expects to re-open its casino, entertainment and accommodation facilities in Auckland from 3 December 2021.


Tough conditions drag 1H performance – SkyCity 16th November 2021

Tough conditions drag 1H performance – SkyCity

SkyCity operations have been hurt by trading environments in New Zealand and Australia so far in the first half of the financial year, the casino operator said in an update to investors today.


Delta drag: NZICC delivery delayed to 2025 1st November 2021 /

Delta drag: NZICC delivery delayed to 2025

Contractor ructions, inferno, and now Covid pushes delivery out but SkyCity remains sanguine about the future.


SkyCity to mandate vaccination for all visitors 29th October 2021 /

SkyCity to mandate vaccination for all visitors

The policy will also apply to its 2,900 employees in New Zealand, as well as contractors on its sites.


SkyCity chair Rob Campbell to leave board 11th October 2021 /

SkyCity chair Rob Campbell to leave board

The operator says Campbell wants to focus on other work commitments.


SkyCity closes Hamilton casino due to lockdown 4th October 2021

SkyCity closes Hamilton casino due to lockdown

SkyCity Entertainment Group has closed its Hamilton casino after the city went into Covid-19 alert level 3 lockdown overnight.


SkyCity re-opens Hamilton, Queenstown casinos 8th September 2021

SkyCity re-opens Hamilton, Queenstown casinos

SkyCity Entertainment has opened its Hamilton and Queenstown casinos today in line with the drop to Covid-19 alert level 2 in those regions.


SkyCity’s Ahearne not betting on international visitors before mid-2022 26th August 2021

SkyCity’s Ahearne not betting on international visitors before mid-2022

The operator says lockdown is costing it $1m a day in profit but it is paying back almost $7m of the wage subsidy it received last year.


SkyCity FY21 profit falls by a third to $156m 25th August 2021

SkyCity FY21 profit falls by a third to $156m

However, the casino and hotel operator says its normalised profit and revenue are up.


1000 patrons, 240 staff at SkyCity casino during Covid case visit 19th August 2021 /

1000 patrons, 240 staff at SkyCity casino during Covid case visit

The patrons and staff are all considered close contacts and should self-isolate.


SkyCity closes NZ casinos, keeps hotels open for existing guests 18th August 2021 /

SkyCity closes NZ casinos, keeps hotels open for existing guests

SkyCity Entertainment Group has closed its New Zealand casinos but is keeping its Auckland hotels open to accommodate existing guests following the national Covid-19 alert level 4 lockdown.


SkyCity Adelaide to re-open as lockdown ends 28th July 2021 /

SkyCity Adelaide to re-open as lockdown ends

The SkyCity Adelaide casino will re-open today after South Australian government ended a seven day lockdown in the city overnight.


Govt pauses quarantine-free travel from South Australia 21st July 2021 /

Govt pauses quarantine-free travel from South Australia

SkyCity closes its Adelaide casino as the city moves into a week-long lockdown.


NZICC deadline pushed three years to Dec 2027 14th July 2021 /

NZICC deadline pushed three years to Dec 2027

SkyCity says it is “prudent to have a buffer” between Fletcher’s current delivery date of late 2024 and the project’s deadline.


Union urges SkyCity to lift pay rate 9th July 2021 /

Union urges SkyCity to lift pay rate

Unite Union is calling on SkyCity to increase pay rates by at least $2 per hour to provide a living wage for its employees.


“Strong” domestic demand drives new SkyCity guidance 11th June 2021

“Strong” domestic demand drives new SkyCity guidance

The operator says normalised FY21 earnings could reach $253m.


SkyCity board appoints non-executive directors 9th June 2021 /

SkyCity board appoints non-executive directors

New appointees take up posts 8 June.


SkyCity Adelaide under investigation by Aus watchdog 8th June 2021 /

SkyCity Adelaide under investigation by Aus watchdog

SkyCity’s Adelaide business is under investigation by Australia’s financial watchdog.


SkyCity revises issue margin for $125m bond offer 19th May 2021

SkyCity revises issue margin for $125m bond offer

SkyCity Entertainment Group has set an interest rate for its $125m bond offering of no less than the minimum of 3.00% per annum.


Huge Black Ferns haka to adorn All Blacks Experience 11th May 2021 /

Huge Black Ferns haka to adorn All Blacks Experience

The new feature will be unveiled on Wednesday 12 May


SkyCity launches $125m raise, pushes out NZICC delivery 3rd May 2021 /

SkyCity launches $125m raise, pushes out NZICC delivery

Delivery of the beleaguered NZICC has been pushed back again, this time to 2024.


Sky Tower to transform into giant poppy for ANZAC Day 23rd April 2021

Sky Tower to transform into giant poppy for ANZAC Day

Auckland’s Sky Tower will be lit red with a giant poppy projected on its southeast side on Sunday 25 April for ANZAC Day.


S&P upgrades SkyCity as revenue outlook improves 20th April 2021

S&P upgrades SkyCity as revenue outlook improves

Capex on the NZICC and Horizon Hotel development is likely past its peak, says the global ratings agency.


Aus fund manager Yarra takes substantial SkyCity interest 16th April 2021

Aus fund manager Yarra takes substantial SkyCity interest

Change affects 8.63% of voting power in casino operator, effective 12 April.


SkyCity to stop using junket operators in casinos 15th April 2021

SkyCity to stop using junket operators in casinos

Decision follows strategic review of its international business as indicated in half year result.


SkyCity board to appoint three new directors 29th March 2021 /

SkyCity board to appoint three new directors

SkyCity Entertainment Group is appointing three new directors to its board group, pending approval.


Sky Tower switches off lights for Earth Hour 29th March 2021

Sky Tower switches off lights for Earth Hour

Downtown Auckland skyline loses icon briefly to raise awareness on biodiversity and climate change


SkyCity Auckland lifts venue restrictions 16th March 2021 /

SkyCity Auckland lifts venue restrictions

SkyCity has reopened its Auckland casino and entertainment facilities without restrictions.


SkyCity re-opens Auckland casino 8th March 2021 /

SkyCity re-opens Auckland casino

SkyCity Entertainment Group has re-opened its Auckland casino and facilities.


Sky Tower lights up for International Women’s Day 8th March 2021

Sky Tower lights up for International Women’s Day

Auckland’s Sky Tower will light up purple tonight for this year’s International Women’s Day in support of diversity and inclusion in New Zealand.


Online gaming ascendant as tourism struggles – SkyCity CEO 19th February 2021

Online gaming ascendant as tourism struggles – SkyCity CEO

SkyCity’s online gaming business is booming, with the operator’s new boss bringing a ton of experience in the field.


SkyCity 1H profit falls 42% in “challenging environment” but online gaming soars 18th February 2021 /

SkyCity 1H profit falls 42% in “challenging environment” but online gaming soars

The operator says its revenue was dragged down by weaker tourism-related business during the pandemic.


SkyCity celebrates 25 years with street party 29th January 2021 /

SkyCity celebrates 25 years with street party

SkyCity Auckland will be hosting a free ’90s themed Federal Street Party this evening to celebrate 25 years in operation.


SkyCity reshuffle sees Mallett take NZ COO post 27th January 2021 /

SkyCity reshuffle sees Mallett take NZ COO post

Three international appointments fill gaps left by recent executive departures at the hotel and entertainment group.


SkyCity deputy CFO heads for the exit 25th January 2021 /

SkyCity deputy CFO heads for the exit

Richard Smyth is the fourth senior executive to announce his departure from SkyCity in three months.


SkyCity New Year fireworks to go ahead 16th December 2020

SkyCity New Year fireworks to go ahead

SkyCity Entertainment Group has confirmed its fireworks display will once again bring in the New Year from Auckland’s Sky Tower.


SkyCity wins Deloitte Top 200 diversity award 7th December 2020

SkyCity wins Deloitte Top 200 diversity award

SkyCity Entertainment Group has won the diversity and inclusion leadership award at the 2020 Deloitte Top 200 Awards.


SkyCity restrictions in Adelaide relaxed 2nd December 2020

SkyCity restrictions in Adelaide relaxed

SkyCity Entertainment says its Adelaide casino and entertainment facilities are no longer subject to a maximum capacity limit of 100 people.


SkyCity chair: Senior executive departures a ‘stable transition’ 17th November 2020 /

SkyCity chair: Senior executive departures a ‘stable transition’

SkyCity chairman Rob Campbell told investors and analysts that the departure of chief executive Graeme Stephens was not unusual or entirely unexpected.


SkyCity CEO, senior execs to depart 16th November 2020 /

SkyCity CEO, senior execs to depart

Chief executive Graeme Stephens is among a trio of senior leaders leaving the operator.