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SkyCity prepares formal sale process for Adelaide casino

Deals & M&A

SkyCity Entertainment Group said it will shortly begin a formal sale process for its Adelaide casino after receiving inquiries from potential buyers. UBS will lead the process; separately, the company is assessing transactions involving the wider group and remains in discussions with two parties that previously made unsolicited takeover approaches.

A potential Adelaide disposal could change ownership of a casino business amid separate group-level transaction discussions.

End-of-day close SkyCity (SKC), NZD, to 6 November 2026
Story date17 August 20266 November 2026

Latest reported results

SkyCity NZX: SKC

Financial year ended 30 June 2026

Revenue
NZD 813.7m
Operating income
NZD 20.0m

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