UPDATE: SkyCity shares drop on arrest of rival's Chinese staff

UPDATE: SkyCity shares drop on arrest of rival's Chinese staff
Edwin Mitson
(UPDATE: Rewrite to reflect Crown statement to the ASX, drops attribution to AFR) By Edwin Mitson Oct. 17 (BusinessDesk) - SkyCity Entertainment Group shares fell in response to the arrest of 18 staff employed by its Australian rival, Crown Resorts, by the Chinese government.  In a statement to the ASX, Crown Resorts said that one of those arrested was its Executive Vice President VIP International, Jason O'Connor. It also confirmed the arrests, which were first reported by the Australian Financial Review.  Shares in the Auckland-ba...