SkyCity Entertainment Group

It owns and operates five casino properties in New Zealand and Australia, which include restaurants and bars, three hotels,[1] a convention centre[2][3] and Auckland's Sky Tower.

In February 2010, the group sold its cinema operating business to Australian firm Amalgamated Holdings Limited (now Event Hospitality and Entertainment).

[17] Reported net profit after tax (NPAT) was $128.7 million, with the Group seeing revenue exceed $1 billion for the first time in the company's history [when?].

During Davies' 11 years, the company grew from a single site to having business operations throughout New Zealand, South Australia and the Northern Territory.

Callum Mallett, the then Chief Operating Officer of the New Zealand division, was set to step into the role of Interim CEO following the departure of Michael Ahearne in March 2024.

The facility includes the 328-metre (1,076 ft) Sky Tower, two hotels, convention centre, a 700-seat theatre, and more than 20 restaurants and bars with regular live bands, DJs and other entertainment.

[29] In 2013, through a deal with the Government, SkyCity pledged to build a new convention centre catering for up to 3,500 guests and costing $NZ402 million, in exchange, it will get more gambling concessions.

It is part of the Riverside Centre on the Waikato River, which includes bars, restaurants and ten-pin bowling all operated by SkyCity Hamilton.

SkyCity sold the Darwin property to American company Delaware North in November 2018 for $188 million and it was subsequently renamed as Mindil Beach Casino & Resort.

[41] SkyCity entered the esports market in October 2017 when it formed a joint venture with Let's Play Live Media (LPLM).

[44] Alongside other eligible New Zealand businesses, SkyCity Entertainment Group received significant financial support in the form of wage subsidies from the government as part of a widespread economic stimulus programme following the COVID-19 outbreak.

[46] On first week of June 2021, Australian Transaction Reports and Analysis Centre (AUSTRAC), the Australian financial crime watchdog, intimated SkyCity Entertainment Group along with Crown Resorts and Star Entertainment Group about "potentially serious breaches" of anti-money laundering regulations at their casinos in Adelaide, Perth and Sydney.

SkyCity Entertainment Group and AUSTRAC jointly notified the Federal Court of Australia the agreement, and the company also announced an accounting provision of A$73 million in relation to the civil penalty and associated legal costs.

[50] In December 2023, SkyCity Entertainment Group found itself under scrutiny in New Zealand when the Department of Internal Affairs (DIA), its regulatory body, initiated civil penalty proceedings.

Should the Commission rule in favor of suspension, it could result in a halt of operations at the company's New Zealand casinos for a period of up to ten days.

[55] In July 2024, SkyCity Auckland agreed to a five-day closure of its casino following an investigation by the Department of Internal Affairs, which found breaches of host responsibility requirements.

[57] The Department of Internal Affairs initially applied for a 10-day suspension of the casino's license but settled on the five-day closure after SkyCity admitted its failings.