Sky City Exec Wants Christchurch Seat

18 Jun 2004

NEW ZEALAND – As reported by the New Zealand Stuff: "Sky City Entertainment managing director Evan Davies has hinted at ambitions to join the board of Christchurch Casino after the company cleared the final hurdle to buy into the landmark gambling business.

"Sky City yesterday won clearance from the Casino Control Authority to take a 40.5 per cent stake in Christchurch Casinos Ltd (CCL) for $93.75 million, despite bitter opposition from CCL chairman Barry Thomas.

"…Yesterday, Mr Davies said he had no problem working with Mr Thomas, and said taking a seat on the board was a possibility in the future.

"…Asked whether he could work with Mr Thomas on the casino board, Mr Davies said it was a query probably better put to Mr Thomas himself.

"…The Commerce Commission and the Overseas Investment Commission have already cleared the deal, and getting the nod from the Casino Control Authority was the last hurdle…"

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	Sky City Exec Wants Christchurch Seat 18 Jun 2004 NEW ZEALAND – As reported by the New Zealand Stuff: "Sky City Entertainment managing director Evan Davies has hinted at ambitions to join the board of Christchurch Casino after the company cleared the final hurdle to buy into the landmark gambling business. "Sky City yesterday won clearance from the Casino Control Authority to take a 40.5 per cent stake in Christchurch Casinos Ltd (CCL) for $93.75 million, despite bitter opposition from CCL chairman Barry Thomas. "…Yesterday, Mr Davies said he had no problem working with Mr Thomas, and said taking a seat on the board was a possibility in the future. "…Asked whether he could work with Mr Thomas on the casino board, Mr Davies said it was a query probably better put to Mr Thomas himself. "…The Commerce Commission and the Overseas Investment Commission have already cleared the deal, and getting the nod from the Casino Control Authority was the last hurdle…"