New Zealand | World Casino News

Gambling spend increases in New Zealand

February 24, 2017

Latest Casino and Gambling News, New Zealand, Economy/Finance

The casinos of New Zealand have seen an increase in visitor spending for the year to June, as tourism numbers reach record highs and the economy is in good condition. The Department of Internal Affairs has repo...

Sky City NZ revenue offsets Australia VIP turnover drop

Alex Lanter

February 13, 2017

Latest Casino and Gambling News, Australia, New Zealand, Economy/Finance, Financial Press Releases

The Sky City Casino in Auckland had impressive profits in the first half to December, overshadowing the operator’s Australian properties, according to a financial report from Sky City Entertainment Group. The A...

Sun International’s Graeme Stephens named as new SkyCity CEO

K Morrison

November 6, 2016

Latest Casino and Gambling News, Australia, New Zealand, Mergers, Acquisitions & Partnerships

SkyCity Entertainment Group, a New Zealand and Australian casino operator, today announced the appointment of Graeme Stephens (pictured) as the company’s new CEO. The appointment of the 53-year-old Stephens,...

SkyCity Entertainment Group reports improved annual financial results

Adam Morgan

August 10, 2016

Latest Casino and Gambling News, Australia, New Zealand, Economy/Finance

SkyCity Entertainment Group has released its financial results for the twelve months to the end of June showing a 13.1% improvement year-on-year in net profit after tax to $145.7 million while its total revenue...

SkyCity Entertainment raising capital for future projects

Adam Morgan

May 14, 2016

Latest Casino and Gambling News, Australia, New Zealand, Economy/Finance

Australasian casino operator SkyCity Entertainment has announced that it intends to raise $177.76 million from shareholders via a one-for-ten rights offer in order to “fund future growth projects”. Auckland-...

First-quarter slot revenues grow in New Zealand

Adam Morgan

April 29, 2016

Latest Casino and Gambling News, New Zealand, Economy/Finance

First-quarter slot machine revenues in New Zealand have increased by 3% from the same period last year despite an apparent fall in the numbers of venues, machines and licence holders. According to official f...

SkyCity not opposed to takeover from The Star

K Morrison

April 15, 2016

Latest Casino and Gambling News, Australia, New Zealand, Mergers, Acquisitions & Partnerships, United Kingdom

SkyCity Entertainment Group, a New Zealand and Australia casino operator, says it won’t instigate talks but would consider a takeover by Aussie rival The Star Entertainment Group conditional upon the lead being...

Auckland Sky City high roller accused of stealing to fund outlandish lifestyle

Marie Kelley

February 21, 2016

Latest Casino and Gambling News, New Zealand, Money Laundering

William Yan is a Chinese businessman who is known for gambling millions at the SkyCity Auckland casino. In just 82 minutes, the gambler was able to waste away $4.6 million during a gambling spree. Now, the busi...

First half of 2016 expected to see 30 percent net income hike for SkyCity

K Morrison

February 11, 2016

Latest Casino and Gambling News, Casino News, World Casino News, Gaming Industry News, New Zealand, Economy/Finance, Oceania Casino News

As it benefits from improved trading, first-half profits are expected to rise as much as 30 percent for New Zealand’s only listed casino company, SkyCity Entertainment Group. The company cited lower funding ...

SkyCity Auckland main atrium to receive upgrade

Marie Kelley

August 10, 2015

Latest Casino and Gambling News, Casino expansion projects, New Zealand

The Auckland property of SkyCity Entertainment is set to receive a new upgrade to the main atrium, which will have a price tag of AUD$24 million. The new improvements will include cosmetic changes of the interi...

Great Keppel Island Resort denied casino licensing

K Morrison

August 7, 2015

Latest Casino and Gambling News, Casino proposals, Australia, World Casino News, New Zealand, Poker, Licenses

“Disappointing” was the sentiment from Ms. Lauga, a central Queensland parliament member, after her second attempt to have a casino license approved for the redeveloped Great Keppel resort was denied. Withou...

No public input solicited on SkyCity Convention Centre

Sam Mitchell

July 13, 2015

Latest Casino and Gambling News, New Zealand

The independent commissioners have decided that the resource consent application will continue without input from the public in regards to the New Zealand International Convention Centre. The commissioners t...

Seventeen casinos scheduled to open before 2020 in Asia Pacific

Renee Kingsley

June 22, 2015

Latest Casino and Gambling News, Cambodia, Australia, Casino News, China, New Zealand, Japan, Asian Casino News, Macau, Oceania Casino News, Malaysia, Nepal, Philippines, Russia, Singapore, South Korea, Vietnam

The gambling industry in Asia continues to grow at a rapid pace and gambling establishments are not wasting any time in expanding their presence throughout the Asia Pacific region. As many as seventeen casinos ...

New Zealand drug lord spends $15 million At SkyCity Casino

Renee Kingsley

May 25, 2015

New Zealand, Money Laundering, Crime

Authorities across the world have long suspected a connection between casinos, money laundering and the underworld. Police in New Zealand recently reported that a convicted drug lord has spent over $15 million ...