SkyCity merger with Aussie gambling giants not a 'focus', but not being ruled out either

SkyCity merger with Aussie gambling giants not a 'focus', but not being ruled out either
SkyCity CEO Jason Walbridge says he is largely focused on regulatory issues and the opening of the NZICC. (Image: NZME)
Dileepa Fonseka
SkyCity’s chair and chief executive are not ruling out a merger after the idea was floated at the company’s annual general meeting on Thursday. Australian-based shareholder activist Stephen Mayne asked if a merger between SkyCity and an Australian gambling player, like Star Entertainment or Tabcorp, could be on the cards and whether any regulatory issues could prevent such a measure.In response, SkyCity chair Julian Cook didn’t rule it out. “So the possibility of us merging with Star or Tabcorp, well,...

More Markets

NZ sharemarket down 0.5% amid PGW shuffle
Markets Market Close

NZ sharemarket down 0.5% amid PGW shuffle

The S&P/NZX 50 Index closed at 13,276.99, down 74.93 points or 0.56%.

Graham Skellern 14 Oct 2025
PGG Wrightson chair and deputy ousted
Primary Sector

PGG Wrightson chair and deputy ousted

The company's annual meeting was in Christchurch on Tuesday.

Riley Kennedy 14 Oct 2025
Tower's risk-based revolution
Markets

Tower's risk-based revolution

It's one of the few insurers in Australasia growing. How?

RBNZ plan to cut AT1 capital layer wins cautious lender support
Finance

RBNZ plan to cut AT1 capital layer wins cautious lender support

Proposal to pare AT1 capital from prudential stacks wins cautious support from lenders.

Andy Macdonald 14 Oct 2025