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SkyCity axes dividend payments till at least 2026

SkyCity Entertainment Group says in order to preserve 'headroom' with its financing covenants it has suspended dividend payments for both the 2024 and 2025 financial years; earnings guidance for current year downgraded; share price tumbles ....

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SkyCity Cuts Profit Forecast, Suspends Dividend on Economy

SkyCity Cuts Profit Forecast, Suspends Dividend on Economy
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SkyCity's profit soars thanks to winding down of Covid restrictions

Open borders and lack of Covid-19 restrictions lifted activity although the bottom line was affected by provisions for possible penalties associated with its Adelaide casino. ....

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Business.Scoop » Strong Business Recovery In 1H23

Business Scoop provides news and views on Business and Markets from New Zealand ....

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SkyCity posts $33.7m first-half loss amid Covid-19 disruptions

The company, which operates the Auckland, Hamilton, Queenstown and Adelaide casinos, reported a net loss of $33.7 million for the six months ended December versus $77.9m in the year earlier. ....

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