🎰 SkyCity's Auckland site remains closed, financial impact unknown - NZ Herald

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An artist's impression of a room, 5-star hotel at the International Convention Centre in Auckland.{/INSERTKEYS}{/PARAGRAPH} Adelaide's performance continued to be disrupted by building works in the area around its casino complex. The forecast for the coming year for Sky City is one of modest growth. The expansion of the Adelaide casino and entertainment complex began in June with a fixed price contract protecting Sky City from the risk of cost blow-outs. It was also hoping to soon complete the sale of its Darwin operation. The company, which is investing heavily in IT improvements, was also pursuing a "capital-lighter" strategy, which involves selling off some of its properties. The company announced a fully-imputed final dividend of 10 cents per share, which will be paid in September. The Auckland revenue rise was driven by an improvement in the performance of its hotel operator, while Hamilton's improvement was a result of better returns from its non-gambling entertainment operations. The result was blighted by a write-down of the value of the company's Darwin casino operation. But Sky City isn't only hoping to build up its real-world assets. Queenstown had seen a rise in visitor numbers, including from "premium" wealthy customers, and tourists. Sky City posts large profits jump. Overall Australian revenue fell by 0. But there are some big changes afoot. There is some risk of a legal battle with Fletchers over the cost of the delays. {PARAGRAPH}{INSERTKEYS}Sky City Entertainment Group has posted a huge jump in after tax profit. Rob Stock , Aug 08 Graeme Stephens, SkyCity's chief executive, has welcomed the return of high roller international gamblers. Sky City's performance continues to be a tale of two countries with large revenue rises on this side of the Tasman, and weak performance in its Australian casinos. Auckland revenue was up 3.