SKYCITY Entertainment Group

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SKYCITY Entertainment Group
Image:Skycity-logo2.gif
Type Public (ASX: AIZ NZX: AIR)
Founded 1996
Headquarters New Zealand
Key people Evan Davies (CEO)
Industry Casinos and hotels
Products Casinos and Hotels
Website www.skycityentertainmentgroup.com
This article is about the casino corporation; for the Japanese urban development program see Sky City 1000; for the retail chain see Sky City (retail chain).

SKYCITY Entertainment Group is a New Zealand corporation whose core business is casinos. The company's shares are traded on both the Australian and New Zealand Stock Exchanges. The present CEO of SKYCITY is Evan Davies.

The group came into existence in 1996 when the company was established as the owner of the SKYCITY Auckland complex. In 1998 it took over the operations from the previous gaming operator.

In June 2000, it bought the Adelaide Casino (now SKYCITY Adelaide). It added another casino to its portfolio when it opened the SKYCITY Queenstown in the alpine resort. In July 2004 it bought the Darwin Casino and hotel from MGM Mirage and rebranded it the SKYCITY Darwin. Then in June 2004 it acquired a 40.5% holding in the Christchurch Casino when it bought Aspinal Limited.

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[edit] Casinos

Since opening its original Auckland casino on February 2, 1996, SKYCITY has expanded its operations to several New Zealand and Australian cities.

[edit] Adelaide

SKYCITY Adelaide, formerly the Adelaide Casino, was bought by SKYCITY Entertainment Group in June 2000 and officially became the SKYCITY in April 2001. It has around 70 gaming tables and 950 gaming machines.

[edit] Auckland

SKYCITY Auckland is New Zealand's largest casino. Located in Central Auckland, it provides table and slot machine gaming. The facility includes the Sky Tower, a hotel, convention centre and theatres. It opened on February 2, 1996.

[edit] Christchurch

SKYCITY purchased a 40% share in Christchurch Casino in 2004. It has around 500 gaming machines and numerous tables.

[edit] Darwin

SKYCITY Darwin, formerly known as the MGM Grand Darwin, is the only casino in Darwin, the capital of the Northern Territory, Australia. SKYCITY Entertainment Group bought the casino from MGM Mirage on June 23, 2004, for $140 million US.

[edit] Hamilton

SKYCITY Hamilton is a casino in Hamilton, New Zealand, that opened in September 2002. It has over 330 gaming machines and 23 tables, a restaurant and a bar, with live music and other performers on Friday and Saturday nights. It is part of the Riverside Centre on the Waikato River, which includes bars, restaurants and ten-pin bowling.

[edit] Queenstown

SKYCITY Queenstown opened in December 2000. It has 80 gaming machines and numerous gaming tables.

[edit] Sources

[edit] External links

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