SkyCity Darwin

    In July 2004, SKYCITY acquired ownership of the Darwin Casino and Hotel from MGM Grand and rebranded the property SKYCITY Darwin. The Darwin casino licence currently runs until June 2031.Extensions to the licence for additional 5-year periods, every five years from 2016, are subject to the Northern Territory Government’s approval. There is no legislative ceiling on the number of gaming tables and gaming machines the SKYCITY Darwin casino may operate. SKYCITY Darwin currently operates 36 gaming tables and 630 gaming machines.

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    SkyCity wants at least $154.3 million for Darwin Casino

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    SkyCity Darwin casino sale back to being a possibility

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    SkyCity VIP revenue down, net profit up in FY17H1

    SkyCity Entertainment Group recorded a near 40 percent drop in its international business segment but still managed an 18 percent increase in profit for the half-year ended Dec. 31, 2016. The NZ-listed casino company said on Thursday that net profit for the six months was NZ$83.8 million (US$60.8 million). Revenue came in at NZ$484.2 million, […]

    SkyCity denies Darwin casino for sale

    SkyCity Entertainment Group has denied recent media reports it’s considering the sale of its Darwin casino, New Zealand’s Scoop reports. According to the Australian Financial Review’s Street Talk column, the casino operator is understood to have approached investors in March to “gauge market interest” in its assets, which include one of its Auckland hotels, several […]

    SkyCity mulls sale of Darwin Casino

    New Zealand’s SkyCity Entertainment is considering selling a number of assets, including its under-performing Darwin casino. According to local sources, the casino operator is understood to have approached investors in March to “gauge market interest” in its assets, which includes one of its Auckland hotels, several carpark facilities, and its Darwin Casino. However, finding a […]