Update: SkyCity boss warns Chinese crackdown on foreign gambling will hurt high-roller revenue

Fri, 21 Oct 2016

By Fiona Rotherham Oct. 21 (BusinessDesk) - (Update adding interview with ceo/shareholder comments). SkyCity Entertainment Group interim chief executive John Mortensen has warned there will be a drop in the immediate term in the business it gets from high-rollers following a Chinese government corruption crackdown which has led to detention of 18 Australian Crown casino employees. Crown officials yesterday ordered media off their premises at the annual meeting in Perth as an unhappy shareholder spoke out about what he called a lack of...

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