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SkyCity Entertainment Group News
SkyCity Shares Fall
13 May 2005
International News Brief: Shares in Skycity Entertainment Group fell sharply yesterday after the New Zealand-based gaming firm downgraded its full-year profit forecast due largely to the worse than expected impact of smoking bans.
Sky City Acquires Remaining Casino Shares
10 May 2005
International News Brief: Sky City Entertainment today said it had acquired the remaining shareholding in Waikato casino Sky City Hamilton.
Sky City Under Review
24 Feb 2005
International News Brief: A ticket system at Sky City Entertainment Group Ltd., allowing New Zealand's largest casino company to step around a government ban on the use of currency notes exceeding NZ$20 in gaming machines, is under review, according to New Zealand's gaming regulator.
Sky City Hurt by Smoking Ban
21 Feb 2005
International News Brief: Shares in Sky City Entertainment group fell by nearly 3 per cent on news that last year's smoking ban had led to a reining in of net profit growth to 4 per cent in the six months to December.
Sky City Upbeat Despite Smoking Ban
29 Oct 2004
International News Brief: Sky City is upbeat about future growth despite facing uncertainty and a $10 million hit to the pocket as December's smoking ban looms.
Sky City Tops Corporate Value List
5 Oct 2004
International News Brief: Sky City Entertainment has come out on top of a PricewaterhouseCoopers corporate value report of New Zealand's top 70 listed companies.
Sky City Profit Slides
25 Aug 2004
International News Brief: Sky City Entertainment Group has announced a reduced full year net profit of $100.22 million, affected by a write down on its Australian Internet betting investment Canbet.
SkyCity Completes Christchurch Purchase
29 Jun 2004
SkyCity Entertainment Group today announced that it has settled the purchase for the acquisition of Aspinall Limited, which holds a 40.5% shareholding in Christchurch Casinos Limited.
SkyCity Awards Millions to Community
23 Jun 2004
International News Brief: The SkyCity Auckland Community Trust will distribute its largest funding total to date, with over three million dollars granted to the greater Auckland community, in its ninth annual funding round.
Sky City Exec to Join Christchurch Board
21 Jun 2004
International News Brief: 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.
Sky City Exec Wants Christchurch Seat
18 Jun 2004
nternational News Brief: 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 Entertainment Acquires Most of Sky City Leisure Shares
10 Jun 2004
International News Brief: Sky City Entertainment Group Ltd., New Zealand's largest casino operator, said it will acquire cinema company Sky City Leisure Ltd. after gaining control of 95.8 percent of the company's shares.
Sky City Deal Expected to Go Ahead
8 Jun 2004
International News Brief: Sky City's takeover offer for cinema operator Sky City Leisure closed last night and was expected to reach the 90 per cent conditional threshold for the deal to go ahead.
SkyCity Clears Regulatory Hurdle
18 May 2004
International News Brief: New Zealand’s dominant casino operator, SkyCity, has cleared the biggest regulatory hurdle in its quest for a sought-after stake in the second largest casino, Christchurch.
Christchuch Continues Campaign Against SkyCity
30 Apr 2004
International News Brief: Christchurch Casino is continuing its campaign to stop gambling heavyweight SkyCity buying into its business.
Sky City Raises Stake in Riverside
30 Apr 2004
International News Brief: Sky City Entertainment is raising its stake in Riverside Casino Ltd to 70 per cent.
Australian Casino Faces Prize Fines
28 Apr 2004
International News Brief: Sky City Casino faces disciplinary action and potentially hefty fines for breaching licence conditions in a recent poker machine promotion.
New Zealand Casino Operator Nervous About Sky City Move
27 Apr 2004
International News Brief: New Zealand's only independent casino operator fears he could be forced out of business if Sky City Entertainment gets a cornerstone shareholding in Christchurch Casinos Ltd.
Analysts Slam SkyCity's Takeover Bid
20 Apr 2004
International News Brief: An analysts' report slams casino company SkyCity Entertainment's takeover bid for cinema subsidiary SkyCity Leisure as unfair to minority shareholders.
Sky City Seeks Casino Clearance
19 Apr 2004
International News Brief: Sky City Entertainment has taken another step towards buying 40.5 per cent of Christchurch Casinos, after lodging an application seeking Commerce Commission clearance for the $93.75 million deal.
Sky City Seeks Approval for Acquisition
16 Apr 2004
International News Brief: Sky City has applied to the Commerce Commission for clearance to buy Aspinall Limited, which owns a 40.5 per cent stake in Christchurch Casinos.
Sky City Buys Christchurch Casino Stake
5 Apr 2004
International News Brief: Sky City Entertainment says it had conditionally bought Aspinall's 41 per cent stake in the Christchurch Casino.
Analysts Cut Sky City's Forecast
17 Mar 2004
International News Brief: Nine out of 10 analysts have cut forecasts for Sky City because the company’s overseas push is holding back profit growth.
Sky City Confident About Casino Purchase
17 Mar 2004
International News Brief: Sky City Entertainment Group says it is confident about its decision to purchase an Australian casino.
Sky City Reports Rise in Profit
27 Feb 2004
International News Brief: Casino operator Sky City Entertainment Group has reported a 4% rise in first half net profit.
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