SkyCity get Auckland Council resource consent for convention centre

Thu, 17 Sep 2015

By Jonathan Underhill Sept. 18 (BusinessDesk) - SkyCity Entertainment Group, New Zealand's only listed casino company, said it has gained resource consent approval for the convention centre. The company gets some $458 million of gaming concessions as a result of agreeing to build the convention centre in a deal with the government. In May, SkyCity lifted the minimum it will invest in the development to $430 million and said total costs including land may be $450 million to $470 million. The Auckland-based casino operator was forced to...

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