SkyCity first-half profit falls 76% as pandemic bites - News Summed Up

SkyCity first-half profit falls 76% as pandemic bites


SkyCity says its local gaming operations are performing well when open, particularly pokie machines. SkyCity Entertainment Group’s first-half profit has taken a hit from Covid-19 as border closures and restrictions to control the pandemic restricted trading at its casinos. Net profit fell 76 per cent to $78.4 million in the six months to December 31, the company said on Thursday. The gambling and entertainment company has had to turn its focus to domestic customers after borders were closed to control the pandemic. She replaces Rob Hamilton, whose resignation was announced in November along with former chief executive Graeme Stephens and chief marketing officer Liz McNally.


Source: Stuff February 17, 2021 20:37 UTC



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