SkyCity first half profit rises 17%
SkyCity first half profit rises 17% Updated: 13:07, Wednesday February 15, 2012 SkyCity Entertainment Group first-half profit jumped 17 per cent to a record on improved earnings from its flagship Auckland casino and hotel complex, which benefited from the Rugby World Cup and a turnaround in gaming revenue.
Late today SkyCity said it had sold its 50 per cent stake in Christchurch Casino to co-owner Skyline Enterprises for $80 million and had bought Skyline's 40 per cent share in Queenstown Casino for $5 million.