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14 Sep 2024 10:03
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  •   Home > News > Business

    Sky City's bottom line has taken a major hit

    Sky City's bottom line has taken a major hit


    Auckland's Skytower
    Auckland's Skytower
    The casino, hotel and entertainment company is announcing an annual net loss after tax of 143.3 million dollars.

    It's a stark contrast, to last year's normalised net profit after tax - of 138.8 million.

    The company had already downgraded earning expectations and suspended dividends for two years, part because of the delayed opening of the Auckland Horizons hotel.

    It's also closing its casino for a week next month - for breaching its host responsibility programme.

    © 2024 Newstalk ZB, NZCity

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