John Mortensen is currently the interim chief executive of Skycity, taking the role in April 2016. He is scheuled to move into the newly created senior role In May 2017, upon the arrival of new chief executive Graeme Stephens.As COO for both New Zealand and Australia, Mr Mortensen will play a key role in driving EBITDA and value across the group’s six properties in two countries.
There is renewed speculation that SkyCity may put its troubled Darwin casino up for sale after comments from SkyCity’s new chief executive at an AGM in Auckland. CEO Graeme Stephens reportedly told shareholders that the casino had had “a tough year” following a decision by the government of the Northern Territory to allow 75 percent […]
New Zealand-based casino operator SkyCity Entertainment Group has announced the retirement of its group chief operating officer, John Mortensen, effective December 31, 2017. According to a filing from the company on Tuesday, Mortensen leaves SkyCity to retire to Australia. In his place will be Michael Ahearne, who takes the role January 1, 2018. Mr. Mortensen […]
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 Entertainment Group has announced the appointment of John Mortensen as its group chief operating officer, to take the role in May 2017. Mr. Mortensen has been the interim chief executive of SkyCity since April 2016 following the departure of Nigel Morrison in May 2016. Announcing Mr Mortensen’s appointment, SKYCITY Chairman Chris Moller said he […]
Australian and New Zealand casino operator SkyCity Entertainment Group has announced the appointment of Graeme Stephens as its new chief executive officer. The appointment comes following the resignation of Nigel Morrison in April this year. Mr Stephens, 53, is the current CEO of Sun International, a casino, resorts and entertainment company listed on the Johannesburg […]
New Zealand casino operator SkyCity Entertainment Group says the recent Crown employee arrests are “likely to be adverse” to its business in the short and medium term, local media reports. Shares in SkyCity fell nearly 14 percent amid fears of a crackdown on VIP gaming by Chinese authorities, according to Reuters. SkyCity, which operates six […]
SkyCity Entertainment Group has announced the resignation of its CEO and managing director Nigel Morrison, effective April 29, 2016. SkyCity’s chairman, Chris Moller says the board and Morrison have been formally discussing succession planning since September last year, and both agreed it is the right time to transition to a new chief executive, according to […]
Beijing’s policies are once again creating waves across the Asian gambling scene and may force a rethink of how regional operators reach mainland Chinese customers.