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18 Dec 2024 19:47
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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.

    © 2024 Newstalk ZB, NZCity

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     18 Dec: Hugh Marks is the new managing director of the ABC. Is he the right person for the job?
     18 Dec: Finger-pointing between the Opposition and the Government - over the effects of spending cuts
     18 Dec: Kiwibank's head says more capital will help it have a greater impact in the market
     18 Dec: Auckland's Wynyard Crossing Bridge has reopened following its latest technical woes
     17 Dec: The Finance Minister believes our 4.1-billion-dollar ACC deficit has distorted New Zealand's books
     Top Stories

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     Entertainment:
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     Cricket:
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     Law and Order:
    The daughter of a former All Black has been sentenced to eight months home detention - over a hit-and-run death 18:37

     Entertainment:
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     International:
    Djerf Avenue founder Matilda Djerf apologises amid allegations of workplace bullying by employees 18:17

     Law and Order:
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     Entertainment:
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     Rugby League:
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