SkyCity sells stake in online gambling supplier GiG for $55m
Casino operator says it bought the stake for $40m in 2022 but is now not ‘strategically necessary’.
SkyCity has sold its stake in GiG.
SkyCity has entered into an unconditional agreement to sell its “around 10%” shareholding in Gaming Innovation Group Inc (GiG) for $55 million after acquiring it for approximately $40m.
The NZX-listed casino operator said in 2019 that its subsidiary, SkyCity Malta, had partnered with the
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