NZ government, SkyCity extend deadline for deal on $402M convention centre

Thu, 13 Jun 2013

By Paul McBeth June 14 (BusinessDesk) - The New Zealand government and SkyCity Entertainment Group are giving themselves another fortnight to cut a deal on the terms for the casino and hotel operator to build a $402 million convention centre in Auckland in exchange for regulatory concessions. Both parties agreed to extend the deadline to reach a final agreement until the end of the month, after initially setting a June 14 deadline in last month’s heads of agreement, Economic Development Minister Steven Joyce said in a statement. Once reached...

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