SkyCity sees smaller than expected tax impost from Darwin gaming review

Tue, 28 Jul 2015

By Paul McBeth July 29 (BusinessDesk) - SkyCity Entertainment Group, the listed hotel and casino operator, will face a smaller than expected increase in operating costs after Australia's Northern Territory government completed its review of the state's gaming taxes. The Auckland-based company estimates a new 10-year community benefit levy will add an extra $1 million in operating costs to SkyCity, it said in a statement. The company had previously estimated the casino levy in the Northern Territory could cost it as much as $6 million a ye...

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