SkyCity Entertainment, the casino operator based in New Zealand, has announced its anticipation of either a decline or no change in operating earnings for the fiscal year, deviating from earlier expectations of revenue growth. This marks a setback compared to prior guidance that projected an increase in revenue.
The company, managing casinos in both Australia and New Zealand, attributes this outlook to diminishing earnings in both countries. Moreover, uncertainties persist regarding the potential repossession of its parking garages following the collapse of a deal with Macquarie Group
The company, managing casinos in both Australia and New Zealand, attributes this outlook to diminishing earnings in both countries. Moreover, uncertainties persist regarding the potential repossession of its parking garages following the collapse of a deal with Macquarie Group