
SkyCity Completes NZ$74.5m Auckland Sale Under Its Asset Monetisation Plan
The settlement lands on 1 September and takes SkyCity a third of the way through a NZ$200m divestment programme designed to bring down debt after a bruising two years.

SkyCity Entertainment Group is a New Zealand casino operator listed in Auckland and Sydney, running SkyCity Auckland, SkyCity Hamilton, SkyCity Queenstown and SkyCity Adelaide in Australia, together with the SkyCity Online Casino licensed in Malta and serving New Zealand players, which will move under New Zealand's own online casino licensing regime as it takes effect. The group has settled anti-money-laundering proceedings in Australia and New Zealand in recent years and completed a redevelopment of its Auckland precinct. It employs around 4,000 people.
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The settlement lands on 1 September and takes SkyCity a third of the way through a NZ$200m divestment programme designed to bring down debt after a bruising two years.

After years of regulatory grey area, New Zealand has passed legislation that will bring offshore online casino operators to heel and create one of the Asia-Pacific region's most anticipated new regulated markets.

SkyCity Entertainment Group has reported a statutory net profit after tax of NZ$29.2 million for the 2025 financial year, a significant swing from the

SkyCity Entertainment Group has secured its future in South Australia after a long-awaited independent review concluded that the company is now suitable to