Casino company SkyCity Entertainment is on trading halt as it raises $230 million to strengthen its finances. SkyCity said the moves were part of a plan to strengthen its balance sheet and secure extra funding if needed as it adjusts to its new normal. RICKY WILSON/STUFF SkyCity's international convention centre was almost complete when fire devastated its roofline. However, while the outlook for SkyCity is positive, there is still uncertainty regarding the future economic environment and re-opening of international borders.'' The convention centre suffered a major setback when it caught fire during construction in October last year and is now set to be finished at the start of 2025.

Source: Stuff June 16, 2020 23:59 UTC