It'll be 'more regulation' for new SkyCity CEO, says Ahearne

It'll be 'more regulation' for new SkyCity CEO, says Ahearne
Michael Ahearne says it's a 'personal' decision to leave. (Image: SkyCity)
Brent Melville
SkyCity Entertainment chief executive Michael Ahearne says casino operators can expect heightened government oversight to take up more management time and resources.“Increased scrutiny is part of doing business in this sector. What it says to me as CEO is that we need to be better, to continue to improve and ensure we are rising to the challenge,” Ahearne said.Speaking to BusinessDesk after handing in his six-month notice to the SkyCity board and largest shareholders on Monday, Ahearne said he was all about “doing the right th...

More Markets

‘Unusual’ volume of CCCFA changes in focus
Finance

‘Unusual’ volume of CCCFA changes in focus

Select committee mulls proposed changes to CCCFA, to report recommendations Oct 20.

F&P Healthcare urges Govt to shut patent loophole
Markets

F&P Healthcare urges Govt to shut patent loophole

The company says the current patent loophole threatens its NZ operations.

NZX 50 dips despite Fletcher Building's 4.6% gain
Markets Market Close

NZX 50 dips despite Fletcher Building's 4.6% gain

Pacific Edge shares gained after it said it got a step closer to Medicare approval.

Gregor Thompson 15 Sep 2025
ANZ agrees to record A$240m fine for widespread misconduct
Markets

ANZ agrees to record A$240m fine for widespread misconduct

ANZ has agreed to pay the largest penalty its Australian regulator has ever issued an entity in one go, due to failings in the bank’s dealings with both the Government and its retail customers.ANZ and the Australian Securities and Investments Commission (ASIC) will ask the Federa...

Staff reporters 15 Sep 2025