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21 Jan 2025 20:31
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      Home > News > Business

    SkyCity's cut its profit forecast -- with anticipations of a decrease of up to 25-million dollars

    SkyCity's cut its profit forecast -- with anticipations of a decrease of up to 25-million dollars


    It's now expecting net profit after tax of about 120-million dollars.

    JMI Wealth Director, Andrew Kelleher says the casino operator's blaming tough economic times, among other factors.

    He says further delays in the opening of the Horizon Hotel -- adjacent to the International Convention Centre -- is also contributing.

    © 2025 Newstalk ZB, NZCity

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     Today's News

    		 International:
    Trump 2025 inauguration live updates: Trump wraps inauguration celebrations as he begins purge of Biden appointees 20:17

     Entertainment:
    Robbie Williams admits he was a "d***" to Madonna 20:00

     Entertainment:
    Adrien Brody is "very grateful" for Georgina Chapman 19:30

     International:
    Donald Trump's inauguration featured an 'awkward' Elon Musk salute, Melania's fancy hat and a cappella from Carrie Underwood 19:07

     Entertainment:
    Donald Trump has dec lared Jon Voight, Mel Gibson and Sylvester Stallone need to be addressed as "Mr. Ambassador" from now on 19:00

     Business:
    ASB says a rise in spending is largely down to new-found consumer confidence 18:57

     Education:
    As kids get ready to head back to school many educators are worried about a lack of teachers, with a shortage of about 346 full time staff 18:37

     Entertainment:
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     International:
    President Donald Trump's inauguration speech in detail 18:17

     Business:
    It was a bright last month of the year for retail businesses 18:07

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