SkyCity slot machines pay out for the house

SkyCity slot machines pay out for the house
Dan Brunskill
SkyCity Entertainment Group's gaming business is showing promise for the casino operator with trading stronger than expected since it reopened on May 14. Revenue from electronic gaming machines has recovered to 80 percent of the daily average in the eight months preceding the pandemic. That's in contrast to the casino's table revenue, which has experienced a slow start with physical distancing rules restricting the number of people gathering around a roulette wheel or a game of blackjack. In the last week, table revenue was still only half o...

More Markets

The change of heart behind Arvida’s US private equity buyout
Property

The change of heart behind Arvida’s US private equity buyout

The company’s share price rose 55% after the announcement.

NZ dollar at 11-week low on pending rate cuts, Biden's exit
Economy

NZ dollar at 11-week low on pending rate cuts, Biden's exit

The kiwi was trading below 60 US cents late Monday in Wellington. 

NZ sharemarket down 0.1% amid takeovers
Markets Market close

NZ sharemarket down 0.1% amid takeovers

The S&P/NZX 50 Index closed at 12,309.91, down 15.7 points or 0.13%.

Graham Skellern 22 Jul 2024
Arvida shares up 55% after US private equity buyout news
Property

Arvida shares up 55% after US private equity buyout news

The scheme is unanimously supported by Arvida's board.

Gregor Thompson 22 Jul 2024