SkyCity's Morrison says sorry for Adelaide performance which has turned around

Fri, 13 Nov 2015

By Fiona Rotherham Nov. 13 (BusinessDesk) - SkyCity Entertainment Group chief executive Nigel Morrison apologised to shareholders at today’s annual general meeting in Auckland for “stuffing it up” at the company's refurbished Adelaide Casino last year, but has since turned around the South Australian operation. Earnings before interest, tax, depreciation and amortisation rose 14 percent to $107.2 million in the four months ended Oct. 31 thanks to improved results from its “hero” property in Auckland and the Adelaide Casino where it is clo...

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