SkyCity just needs a ‘building that’s finished’ says CEO on getting NZ casino chain back into ‘growth mode’

SkyCity just needs a ‘building that’s finished’ says CEO on getting NZ casino chain back into ‘growth mode’
Jason Walbridge has high hopes for NZICC - when it opens. (Image: NZME)
Dileepa Fonseka
SkyCity chief executive Jason Walbridge says one of his biggest challenges at the moment is just “being patient” with the New Zealand International Convention Centre.“The thing that we most need is a fantastic building that’s finished,” Walbridge told BusinessDesk.He was speaking after SkyCity released its half-year results on Thursday revealing underlying net profit was down 41.5% on the previous year at $37.8 million, and reported net profit had dropped 74% to $6m.Underlying group ebitda guidance was revised down...

More Markets

NZ sharemarket rises as Infratil, Spark drive gains
Markets Market close

NZ sharemarket rises as Infratil, Spark drive gains

New Zealand shares ended firmer after Infratil and Spark posted gains.

Jamie Gray 27 Jun 2025
Rua Gold secures funding to step up hunt for NZ gold
Markets

Rua Gold secures funding to step up hunt for NZ gold

The funds will be used to carry out exploration over the next 12 to 18 months.

John Anthony 27 Jun 2025
Former CBL CFO must pay $1.2m for disclosure breaches
Markets

Former CBL CFO must pay $1.2m for disclosure breaches

The case was a first for New Zealand courts, FMA says.

John Anthony 27 Jun 2025
Investore buys New Lynn Bunnings site for $43 million
Property

Investore buys New Lynn Bunnings site for $43 million

Investore Property has struck a deal to acquire the Bunnings complex in New Lynn, Auckland.The company told the market on Friday it had entered an unconditional agreement to acquire the property for $43 million.The 2.2-hectare site at 2–12 Titirangi Rd features an 11,000sq m buil...

Staff reporters 27 Jun 2025