SkyCity backs down, will stick to $402m convention centre budget

By Pattrick Smellie
Feb. 15 (BusinessDesk) - Casino and hoospitality operator SkyCity Entertainment will go back to the drawing board to design an international convention centre for Auckland that costs no more than the $402 million originally proposed, ending a politically damaging saga in which it sought up to $128 million more in funding from the government.
The decision, announced simultaneously this afternoon by Economic Development Minister Steven Joyce and SkyCity, effectively makes good promises from Joyce and Prime Minister John...
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