Compliance becomes an $18m game for SkyCity

Michael Ahearne says SkyCity is investing in facial recognition technology and more staff. (Image: SkyCity)

Fri, 27 Oct 2023

SkyCity Entertainment has more than 80 staff on its payroll to manage compliance and regulatory issues, with one-off and ongoing group costs totalling $18 million last year. The group employs about 4,500 staff across its trans-Tasman properties.Outgoing chief executive Michael Ahearne said SkyCity had invested heavily into anti-money laundering, internal systems and host responsibility resourcing and capability, which had increased “underlying costs” by a factor of triple the amount three years ago.That comes as the dual New Ze...

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