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19 May 2024 1:20
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      Home > News > Business

    Sky City is planning to raise 230-million dollars in new equity to shore up its balance shee

    Sky City is planning to raise 230-million dollars in new equity to shore up its balance shee


    Auckland's Skytower
    Auckland's Skytower
    Most of its New Zealand venues reopened a month ago - after the Covid 19 shutdown.

    Its Adelaide Casino will remain closed until the end of the month, and its Queenstown Wharf Casino will remain closed until further notice.

    A planned restructure of waged staff is expected to be finalised this week.

    Sky City chief executive Graeme Stephens says most affected employees have requested voluntary redundancy.

    © 2024 Newstalk ZB, NZCity

     Other Business News
     18 May: Hospitality owners in the capital are hoping for a successful night for the Wellington Phoenix
     18 May: Hopes improved growing conditions so far this yea,r can see more broccoli on supermarket shelves
     18 May: The hospitality sector is holding up despite economic challenges
     18 May: Interest rates continue to hold back house price growth
     17 May: A study of four key infrastructure services has opened the conversation as to how we price them
     17 May: The big boss at The Warehouse has quit, effective immediately
     17 May: An unwelcome distraction for the A-League ahead of its penultimate weekend of playoffs action
     Top Stories

    RUGBY RUGBY
    Improving their discipline is top of the shopping list for the Crusaders as they look to breath some life into their flailing Super Rugby season More...

    BUSINESS BUSINESS
    Hospitality owners in the capital are hoping for a successful night for the Wellington Phoenix More...


     Today's News

    		 Environment:
    MetService is warning of snow in Canterbury south of the Rangitata River, including the Mackenzie Basin 21:57

     Living & Travel:
    Tonight's biggest Lotto winner collects $1 million through winning Division One 21:47

     Entertainment:
    Glen Powell is "kept humble" by his parents 21:41

     Entertainment:
    Shiloh Jolie-Pitt "doesn't rely" on her famous parents for success 21:11

     Entertainment:
    Jenna Bush Hager felt "guilty" about her pregnancy when she started working at 'The Today Show' 20:41

     Entertainment:
    Kevin Spacey wouldn't go back in time to erase his sexual misconduct scandal 20:11

     Entertainment:
    Ethan Hawke has joked that his appearance in Taylor Swift's 'Fortnight' video will be his "obituary" 19:41

     Entertainment:
    Olivia Munn wants her son to know she "fought to be here" by detailing her breast cancer struggle 19:11

     Rugby:
    Improving their discipline is top of the shopping list for the Crusaders as they look to breath some life into their flailing Super Rugby season 18:57

     Entertainment:
    Katie Maloney feels she's been "very supportive" of Ariana Madix throughout her recent successes 18:41

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