Reports NEW ZEALAND REPORT
Licences are issued for 25 years, except in the case of SkyCity Auckland which had its licence extended to 2048 under the New Zealand
Te project has been plagued with problems and delays including fire damage in 2019 which caused big setbacks coupled with Covid restrictions.
SkyCity Entertainment operates four of the six casinos in New Zealand. Te group owns five casinos in total (one also in Adelaide, Australia), 17 restaurants and 15 bars and three hotels with a total of 755 rooms. Te group has a total of 309 table games and 3,451 slots and 378 automated table games across the five casinos. Te company employs some 4,000 staff in total.
Te SkyCity group saw normalised revenues of $631.5m in FY2022 compared to $822.5m in 2021. Revenues pre-Covid were over $1bn.
SKYCITY AUCKLAND is operated by SkyCity
International Convention Centre Act in 2013, which also entitled the casino to
operate more slots and table games after SkyCity agreed to build an International Convention Centre.
Auckland Limited, a wholly owned subsidiary of SkyCity Entertainment Group.
Te casino is authorised to operate up to 150 gaming tables, 1877 slots and 240 automated table games.
Te centre piece is the 25 year old Sky Tower, the tallest free standing structure in the southern
hemisphere which is 328m tall offering panoramic views across the city. Tere were 133,338 visitors in FY2022 to the tower and in June last year a new attraction, the Sky Slide, opened complementing the existing Sky Jump and Sky Walk attractions. Te slide takes visitors on a 360 degree virtual reality tour of the Auckland skyline. Tere are also restaurants including the Orbit 360 degree dining tower which rotates once an hour providing views of the city, and two hotels – SkyCity Grand Hotel and SkyCity Hotel. Players must be aged 20 plus to enter the casino. Te casino opened in 1996 and has a licence until 2048. Revenues for FY2022 amounted to $330.6m for the casino of which $185.5m came from gaming machines and $75m from table games.
SKYCITY HAMILTON opened in September WIRE / PULSE / INSIGHT / REPORTS P71
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