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Investment
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14

DIA applies to temporarily suspend SkyCity’s NZ casino licence

UPDATE: SkyCity shares down 10% as market opens.

Tim Hunter Mon, 04 Sep 2023

UPDATE: Shares in casino operator SkyCity have fallen 10% in early trading after the Department of Internal Affairs sought a 10-day suspension of its casino licence.

The stock opened at $2.10, down from Friday's close of $2.33 and wiping $175 million off SkyCity's market value. 

EARLIER: A complaint

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Tim Hunter Mon, 04 Sep 2023
Contact the Writer: thunter@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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DIA applies to temporarily suspend SkyCity’s NZ casino licence
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