
SkyCity result gets negative market reaction
Analysts and investors were downbeat about SkyCity's result, indicating profit was below expectations.
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.
A Whangarei steel company is thrilled at winning a Convention Centre steel contract, which has already started providing new jobs for Northlanders, with more on the way.
Centre build to create jobs and training opportunities for Kiwi workers.
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.
SkyCity is widening its net as it chases more than $1.26 million from former employee Tessa Grant.
A wealthy businessman caught up in a money-laundering investigation gambled nearly $300 million in the VIP lounge of SkyCity casino.
John Key says the New Zealand International Convention Centre in Auckland will bring in tourists during off-peak seasons.
The father of a woman accused of ripping off SkyCity for more than $1.2 million has had freezing orders on his assets lifted.
SkyCity says profits for the last half year were $71 million - at the top end of its own forecasts.
As world gambling experts gather in Auckland this week, the biggest threat on their minds is now online betting.
Kiwis have dropped from the fourth to sixth-biggest gamblers in the world.
Last month's sharemarket turmoil hasn't prompted the private equity owners of Tegel Foods to chicken out of plans to take the poultry business public.
TOBY MANHIRE: John Key's Waitangi decision is a victory for those who long for a national day more like Australia's twisted celebration.
Woman who stole almost $800,000 from a top school and is being chased by SkyCity for more than $1.2 million has had her assets frozen.
A woman who stole almost $800,000 from a top school is being chased by SkyCity for more than $1.2 million in "unexplained transactions".
Casino operator SkyCity Entertainment is keeping a close watch on China's capital control crackdown.