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Big upside online for SkyCity, says Forbar

Broker upgrades stock as staff at SkyCity’s Auckland casino prepare strike action.

A screen grab from SkyCity’s online casino. The online gambling market is predominantly young and male.

Tim Hunter Fri, 09 Sep 2022

SkyCity’s online casino is a source of significant upside for the company, particularly if the Government regulates in its favour, broking firm Forsyth Barr says.

The assessment came as the Unite union announced a second strike of cleaners and security staff at SkyCity’s Auckland casino over pay

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Tim Hunter Fri, 09 Sep 2022
Contact the Writer: thunter@nbr.co.nz
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Big upside online for SkyCity, says Forbar
Investment,
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