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SkyCity facing $94m Adelaide impairment

Listed casino operator will also record a $130m tax adjustment following changes to NZ legislation.

NBR Staff Mon, 19 Aug 2024

Listed casino operator SkyCity will impair its Adelaide assets by A$86.2 million ($94.3m) ahead of the introduction of mandatory carded play at its casino there, as well as ongoing legal and compliance costs.

The company also expects to record a tax adjustment of $129.6m following recent changes to

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NBR Staff Mon, 19 Aug 2024
Contact the Writer: editor@nbr.co.nz
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SkyCity facing $94m Adelaide impairment
Investment,
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