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15 Jun 2025 13:06
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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.

    © 2025 Newstalk ZB, NZCity

     Other Business News
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     13 Jun: Consultant spending in the public sector has fallen to its lowest number in seven years
     13 Jun: A 50-million-dollar capital raise to fund a major expansion to a private hospital in Christchurch, has been over-subscribed by 30 percent, and closed within weeks
     13 Jun: Wimbledon has increased prize money for this year's championships to 120 million dollars, a seven per cent rise and double what was offered a decade ago
     12 Jun: The horticulture sector's celebrating a surge in exports
     Top Stories

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    A parochial Crusaders home crowd in Christchurch doesn't worry the Chiefs heading into a third straight Super Rugby final More...


    BUSINESS BUSINESS
    Global trade disruptions pose the biggest threat to New Zealand's economic recovery More...



     Today's News

    International:
    Nuclear talks cancelled as attacks expand to gas fields in Israel-Iran conflict 12:46

    Cricket:
    South Africa's batting hero Aiden Markram hopes the World Test Championship title will inspire a new generation to embrace red ball cricket 12:36

    Politics:
    Praise from a Maori Health expert over amendments to the Healthy Futures Act 12:26

    Accident and Emergency:
    Rescuers are searching for two people missing, after their boat capsized in South Taranaki 12:26

    International:
    'No Kings' protests against Donald Trump flood streets of LA and other US cities 12:06

    Rugby:
    A parochial Crusaders home crowd in Christchurch doesn't worry the Chiefs heading into a third straight Super Rugby final 11:56

    Auckland:
    A fire investigator is on scene of a boat fire in Stanmore Bay, north of Auckland 11:06

    Law and Order:
    Dunedin Police are asking for the public's help, to locate a 61-year-old woman missing for two days 10:46

    Motorsports:
    Kiwi Formula One driver Liam Lawson has been unable to take his practice form into qualifying for the Canadian Grand Prix 10:36

    Rugby League:
    Former Warriors head coach Todd Payten is under increasing pressure after his Cowboys suffered another crushing NRL defeat 10:26


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