SkyCity sells Darwin casino for $201m
Deal includes option to develop online gaming business in Northern Territories.
Tim Hunter
Thu, 08 Nov 2018
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Casino operator SkyCity has announced the sale of its operation in Darwin to US-based hospitality group Delaware North for $A188 million ($201m).
The Darwin casino has been underperforming for some time and SkyCity wrote down its value by $A95m last year.
When the business was put up for sale
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Tim Hunter
Thu, 08 Nov 2018
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
