SkyCity inks construction contract for Adelaide casino expansion

Sun, 20 May 2018

By Rebecca Howard May 21 (BusinessDesk) - SkyCity Entertainment Group has inked a construction contract with Australian commercial construction company Hansen Yuncken for expansion of its Adelaide Casino. New Zealand's only listed casino company said the contract is a largely lump sum, fixed-price contract and the "agreed commercial terms provide significant risk protection for SkyCity." According to the release to the stock exchange, about 90 percent of the costs are fixed and the remaining 10 percent includes provisional sums within Sk...

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