Sky City Acquires Remaining Casino Shares

10 May 2005

NEW ZEALAND – As reported by the New Zealand Stuff: "Sky City Entertainment today said it had acquired the remaining shareholding in Waikato casino Sky City Hamilton, plus retail and office space for a total of $37 million (US$27 million).

"Sky City said it had reached an agreement to acquire Riverside Trust's 30 per cent equity in the casino for $33 million, making it the 100 per cent owner.

"In a statement to NZX, Sky City also said it had agreed to buy six retail properties and office space in Hamilton's Riverside Entertainment complex for $4 million.

"…Sky City shares closed yesterday at $4.11, having ranged between $4.10 and $5.50 in the past year."

Language: English Location: Currency: > edit my preferences Home Online Slots Live Dealer Games Online Casinos Online Poker Online Bingo Games Lotteries Sports & Racebooks Fantasy Sports Forex Betting Exchanges Spread Betting Binary Options Exclusive Bonuses Weekly Newsletter Online Gaming News Payment Methods Gaming Software Gaming Site Owners Gaming Jurisdictions		Bonuses! New games! Gossip! And all the player news you can handle. Sign up NOW! View the current issue Related Links SKYCITY Hamilton Details
	Sky City Acquires Remaining Casino Shares 10 May 2005 <a href='https://ad.casinocity.com/adclick.php?n=a21efcd1'><img src='https://ad.casinocity.com/adview.php?what=-site:vendors/width:250/RON&n=a21efcd1' border='0' alt='' /></a> NEW ZEALAND – As reported by the New Zealand Stuff: "Sky City Entertainment today said it had acquired the remaining shareholding in Waikato casino Sky City Hamilton, plus retail and office space for a total of $37 million (US$27 million). "Sky City said it had reached an agreement to acquire Riverside Trust's 30 per cent equity in the casino for $33 million, making it the 100 per cent owner. "In a statement to NZX, Sky City also said it had agreed to buy six retail properties and office space in Hamilton's Riverside Entertainment complex for $4 million. "…Sky City shares closed yesterday at $4.11, having ranged between $4.10 and $5.50 in the past year."

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Sky City Acquires Remaining Casino Shares