Sky City Exec to Join Christchurch Board

21 Jun 2004

NEW ZEALAND – As reported by the New Zealand Herald: "Sky City Entertainment managing director Evan Davies expects to join the board of Christchurch Casinos now the company has cleared the final hurdle to buy into the landmark gambling business.

"But Christchurch chairman Barry Thomas remains vehemently opposed to the Auckland company's involvement.

"Sky City on Friday won clearance from the Casino Control Authority to take a 40.5 per cent stake in Christchurch Casinos for $93.75 million, despite a bitter fight from Thomas.

"Thomas, whose Skyline Enterprises business owns a matching 40.5 per cent stake in the casino, had accused Sky City of trying to muscle in and has vehemently opposed the deal.

"…But Thomas said a seat on the board was not an automatic right under the constitution. He said he would not comment on whether he could work with Davies…"

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	Sky City Exec to Join Christchurch Board 21 Jun 2004 <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 Herald: "Sky City Entertainment managing director Evan Davies expects to join the board of Christchurch Casinos now the company has cleared the final hurdle to buy into the landmark gambling business. "But Christchurch chairman Barry Thomas remains vehemently opposed to the Auckland company's involvement. "Sky City on Friday won clearance from the Casino Control Authority to take a 40.5 per cent stake in Christchurch Casinos for $93.75 million, despite a bitter fight from Thomas. "Thomas, whose Skyline Enterprises business owns a matching 40.5 per cent stake in the casino, had accused Sky City of trying to muscle in and has vehemently opposed the deal. "…But Thomas said a seat on the board was not an automatic right under the constitution. He said he would not comment on whether he could work with Davies…"