SkyCity Communications Team
+64 9 363 6000 skycitycommunications@skycity.co.nz
SkyCity Entertainment Group Limited (SkyCity) today announced solid earnings for the financial year ended 30 June 2024, despite the challenging operating environment.
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SkyCity Entertainment Group Limited advises that it has updated its earnings guidance for FY24. SkyCity is also holding a teleconference call for equity analysts and investors at 12pm NZ time (10am Australian Eastern time) on Wednesday 6 June 2024.
SkyCity Entertainment Limited advises that SkyCity Casino Management Limited has reached an agreement with the Department of Internal Affairs to resolve civil penalty proceedings.
The agreement is subject to Federal Court approval. The Federal Court has listed the proceedings for a penalty hearing on 7 June.
Jason Walbridge has today been appointed SkyCity's new CEO.
Details of transactions and events giving rise to ceasing of substantial holding
Callum Mallett will commence as Interim Chief Executive Office effective from 9 March 2024
SkyCity Entertainment Group is holding a teleconference for equity analysts and investors at 11am NZ time on Monday 12 February 2024. Management will speak to the announcement released to the NZX and ASX this morning.
The above relates to the Department of Internal Affairs' intention to commence civil proceedings against SkyCity Casino for non-compliance with the Anti-Money Laundering and Countering Financing of Terrorism Act 2009
Commonwealth Bank of Australia has lodged the attached SSH notice with the NZX disclosing a movement of 1% or more in its substantial holding