SkyCity tipped as merger target
Concern has been raised after reports that Australia's The Star Entertainment Group wants a merger with SkyCity.
Concern has been raised after reports that Australia's The Star Entertainment Group wants a merger with SkyCity.
Christopher Moller has been named this year's Deloitte Top 200 Chairperson of the Year.
The winners of the 2016 Deloitte Top 200 Awards were celebrated at a black tie event this evening with Z Energy winning big.
Former CEO Nigel Morrison resigned in April following an eight-year tenure.
At today's annual meeting, the issue was raised following the arrest of key Crown Resorts executives by Chinese authorities in Macau late last week.
Shares in SkyCity dropped to a year-low after the casino operator posted weaker first-quarter revenue due to lower gaming and high-roller activity in Auckland.
Casino company Sky City Entertainment said it was monitoring the situation in China after 18 employees at its competitor, Crown Resorts, were detained by authorities there last week.
New Zealand shares fell as last week's sell-off continued, with SkyCity Entertainment and Orion Health dropping while Tegel and A2
Shares in casino company Sky City Entertainment were sold down today on concerns about the lucrative "high roller" VIP market following
Soil that could fill more than 70 Olympic pools is being excavated from the NZCC site as part of the $700m project.
New Zealand shares fell,from a record high, as SkyCity Entertainment Group profit missed some analyst forecasts
Analysts and investors were downbeat about SkyCity's result, indicating profit was below expectations.
The amount of money which SkyCity is trying to recover from its former worker Tessa Grant has more than doubled to $2.5 million.
SkyCity posted a 13 per cent gain in full-year profit on better trading at its key Auckland casino.
Former SkyCity boss Nigel Morrison has cashed in some more shares ahead of the firm's annual result.
Sir Peter Leitch will be given a dressing down for charity.
SkyCity is chasing a former employee for more than $1.2 million of allegedly "unexplained transactions".
COMMENT: The decision to get half the steel framing needed for SkyCity's new centre from Thai Herrick rather than local suppliers shocked many people.
Nigel Morrison has raised $461,450 by selling a small part of his stake in the casino.
SkyCity has signed a deal with the Australian government to prepare for the expansion of its Adelaide casino.
Spark, Precinct Properties and energy firms among the falls but Xero goes against trend to extend Friday's gains.
SkyCity raised about 70 per cent of the $263 million it's seeking for expansion in a share sale to institutional investors.
Finance experts have voiced support for SkyCity Entertainment Group's $263 million capital raising plans announced yesterday.
A sneak peek inside the yet-to-be-built NZ International Convention Centre shows how people might use the various areas which will be offered when it is finished.
SkyCity Entertainment's briefing with analysts and investors failed to bolster Morningstar's confidence on the outlook for the company.
New Zealand shares rose after Orion Health Group said it won new UK clients and SkyCity Entertainment rebounded.
SkyCity's expansion plans are putting pressure on its debt levels.
SkyCity chief executive Nigel Morrison will leave casino in great shape despite tough period, watchers say.
CEO had secured extension of exclusive casino licences and negotiated the construction of New Zealand International Convention Centre.
Former SkyCity employee accused of stealing $2.6 million had pleaded not guilty to 49 fraud-related charges.