SkyCity wants at least A$200M for Darwin casino; private consortium most likely buyer: report

Thu, 19 Apr 2018

By Tina Morrison April 20 (BusinessDesk) - SkyCity Entertainment Group wants to sell its Darwin casino business in Australia's Northern Territory for at least A$200 million, and hasn't yet attracted a buyer because the asking price is seen as "a little too high", according to a report in The Australian newspaper. New Zealand's only listed casino company is looking to free up cash from its existing assets during a period of heavy investment and has appointed investment bank Goldman Sachs to test interest in its Darwin casino as it continue...

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