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4 Apr 2025 13:48
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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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     03 Apr: Confirmation the ripple effects of declining interest rates - still haven't changed consumer habits
     03 Apr: New Zealanders have starting to have slightly more cash to spend, save or invest
     03 Apr: New Zealand's sharemarket is the first to open since Trump's announcement
     Top Stories

    RUGBY RUGBY
    Eden Park will play host to a rugby international in July - but it won't be the All Blacks More...

    BUSINESS BUSINESS
    Insurer IAG has apologised for mistakes in applying discounts More...


     Today's News

    		 Rugby:
    Eden Park will play host to a rugby international in July - but it won't be the All Blacks 13:27

     Entertainment:
    Meghan, Duchess of Sussex sold out the first batch of her new As Ever products within half-an-hour 13:18

     National:
    Yes, data can produce better policy – but it’s no substitute for real-world experience 13:07

     Environment:
    Beijing censors Bangkok high-rise collapse, as Chinese company faces investigations in Thailand 13:07

     Health & Safety:
    Thousands of New Zealanders could potentially have easier access to contraceptives 13:07

     Entertainment:
    Jennifer Tilly has paid a glowing tribute to Val Kilmer 12:48

     Soccer:
    Tottenham football manager Ange Postecoglou's prickled after a 1-nil loss to Chelsea in their Premier League derby at Stamford Bridge 12:27

     Entertainment:
    Kevin Bacon has tried to shield his children from fame 12:18

     Law and Order:
    Christchurch police have executed several warrants today, in relation to the ongoing investigation into an alleged murder in Mairehau 12:07

     Business:
    Insurer IAG has apologised for mistakes in applying discounts 11:57

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