SkyCity expects Crown Resort arrests to hit falling VIP gamblingSUPPLIED Gambling by SkyCity's VIP high-rollers has fallen by a fifth this financial year. LAWRENCE SMITH/FAIRFAX NZ SkyCity chairman Chris Moller says he's afraid the share price will probably drop further on Friday. SkyCity's international business revenue fell 20 per cent, he said at its annual general meeting in Auckland, which reflected fewer trips from its larger VIP customers. One shareholder asked about the company's share price, which has fallen from $4.64 to $3.70 this week. Chairman Chris Moller said the China events had clearly impacted all casinos, and warned the share price would probably fall further on Friday.

Source: Stuff October 20, 2016 22:41 UTC