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Land-based casinos

Business and regulatory developments involving SkyCity. Open in the feed

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Business and regulatory reporting. Dates show when reports were published; they do not establish when a change took effect or whether a relationship continues.

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Report published

SkyCity agrees conditional NZ$221m sale of Auckland's Grand Hotel

SkyCity has agreed to sell Auckland's Grand Hotel and its business assets to Eden Global Capital and Auckland City Collective for NZ$221m. Completion depends on conditions including Overseas Investment Office approval, and the parties aim to settle in mid-December 2026. SkyCity would continue operating the hotel for the buyer until 30 June 2027 as part of its debt-reduction programme.

Also in this report: Eden Global Capital · Auckland City Collective · New Zealand · Overseas Investment Office

Deals and funding

  • Report published SkyCity agrees conditional NZ$221m sale of Auckland's Grand Hotel

    SkyCity has agreed to sell Auckland's Grand Hotel and its business assets to Eden Global Capital and Auckland City Collective for NZ$221m. Completion depends on conditions including Overseas Investment Office approval, and the parties aim to settle in mid-December 2026. SkyCity would continue operating the hotel for the buyer until 30 June 2027 as part of its debt-reduction programme.

    Also in this report: Eden Global Capital · Auckland City Collective · New Zealand · Overseas Investment Office

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  • Report published SkyCity reports 22.3% EBITDA decline to NZ$181.6m for FY26

    SkyCity’s underlying EBITDA dropped 22.3% to NZ$181.6m for the year ending 30 June. Gaming revenue decreased 5.9%, while operating expenses increased 8.4%. SkyCity targets NZ$30m in FY27 savings and plans a strategic review of its Adelaide operations in the first half of that financial year.

    Also in this report: New Zealand

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  • Report published SkyCity signs non-binding agreement to sell Auckland Grand Hotel

    The report said that SkyCity reached preliminary, non-binding terms for a sale of Auckland’s Grand Hotel. The proposed disposal forms part of the casino operator’s asset monetisation programme.

    Also in this report: The Grand Hotel · New Zealand

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Licensing and markets

  • Report published New Zealand selects 11 operators to apply for online casino licences

    New Zealand has selected 11 operators eligible to apply for online casino licences following an auction. Stake, Entain, Betway and SkyCity feature among successful bidders for the 15 licences available.

    Also in this report: Entain · Stake · Betway · New Zealand

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  • Report published New Zealand advances 11 operators in online casino licensing process

    New Zealand selected 11 operators to proceed in its online casino licensing process. Betway, Stake, Entain and SkyCity are among those entitled to apply for licences following the first competitive stage.

    Also in this report: Betway · Stake · Entain · New Zealand

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  • Report published New Zealand allocates 15 online casino application rights after auction

    New Zealand's Department of Internal Affairs confirmed on Tuesday that 11 operators received rights to apply for online casino licences after an auction. The process involved 32 bidders over 10 rounds and ended at NZ$15 million per licence; Baytree Interactive Limited (Betway) received three rights, while Playvia Gaming (NZ) Limited (Entain) received two. Formal licences remain subject to applications and regulatory assessment, with awards expected in early 2027.

    Also in this report: Betway · Entain · Stake · TAB New Zealand

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  • Report published New Zealand clears 11 brands for next online gambling licensing stage

    New Zealand has cleared 11 brands to apply for 15 online gambling licences. The brands include Entain, SkyCity, Stake and Betway, with Betway receiving the most application rights.

    Also in this report: Entain · Stake · Betway · New Zealand

    Read the report

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Timeline

Newest first, grouped by month.

October 2026

August 2026

July 2026

Market data

SkyCity · NZX: SKC. Share price end-of-day, delayed; not investment advice.

Last close (2026-10-16)NZD 0.68
1 week+2.3%
YTD−24.4%
1 year−9.9%
Market capNZD 750.1m
0.470.972025-10-162026-10-16
Share price, 1 year, NZD. End-of-day, delayed. Not investment advice.
Financial yearFY 2023FY 2024FY 2025FY 2026
RevenueNZD 855.8mNZD 861.0mNZD 821.3mNZD 813.7m
EBITDANZD 172.4mNZD 144.4mNZD 217.0mNZD 139.9m
Operating incomeNZD 131.8mNZD 129.3mNZD 120.3mNZD 20.0m
Net incomeNZD 8.0m−NZD 143.3mNZD 29.2mNZD 18.2m
Diluted EPS0.01-0.180.040.02
Cash & equivalentsNZD 245.0mNZD 60.5mNZD 51.5mNZD 84.4m

Figures as reported in each company’s currency; Q4 values for US filers may be derived as full year minus nine months. EBITDA is a company-defined or data-provider measure where shown.

End-of-day, delayed; not investment advice. Data and methodology · All gaming stocks

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Timeline

Key developments by month.

  1. Oct 2026
  2. Aug 2026
  3. Jul 2026

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