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Business
April 17, 2024
SkyCity Entertainment Puts Jason Walbridge at the Helm
SkyCity Entertainment announced the official appointment of Jason Walbridge as the company’s new chief executive officer. The new hire will leverage over 20 years of experience to underpin the company’s growth amid regulatory trouble. As announced by SkyCity, Walbridge boasts an impressive track record and is currently sitting on the boards of several noteworthy companies. […]
Legal
February 12, 2024
SkyCity Risks Civil Proceedings Because of AML Failures in New Zealand
SkyCity Entertainment’s SkyCity Casino Management (SCML) brand has found itself in hot water in New Zealand as the local Department of Internal Affairs prepares to launch civil proceedings against the operator. The case is set to be filed in four days and stems from alleged AML violations. According to the department, the gambling company has […]
Casino
September 4, 2023
SkyCity May Have License Suspended in New Zealand
The suspension that SkyCity Entertainment Group is looking at has to do with an application by the Secretary of the Department of Internal Affairs, which specifically addresses a case from February 2022 and has to do with a complaint from a customer who gambled at the SkyCity Auckland property between August 2017 and February 2021. […]
Legal
August 14, 2023
SkyCity Sets Aside $29.2M for Upcoming AUSTRAC Penalty
Casino and hospitality company SkyCity Entertainment has set aside AUD 45 million (around USD 29.24 million, current conversion rates) for a potential penalty. The operator expects to be hit by a fine because of its recent anti-money laundering (AML) and combating the financing of terrorism (CTF) breaches. SkyCity admitted that it is currently available to […]
Casino
May 29, 2023
Commissioner Asks SkyCity Adelaide to Review AML/CTF Policies
In July 2022, the Honourable Brian Martin, an officer of the Order of Australia and King’s Counsel, was put in charge of reviewing SkyCity Adelaide’s suitability to preserve its monopoly casino license. Now, commissioner Soulio has sent a direction notice to SkyAdelaide using Section 10 part of the Gambling Administration Act 2019, asking them to […]
Business
March 10, 2023
SkyCity Selects Shaun Philp Chief People and Culture Officer
The New Zealand gaming and entertainment company, SkyCity Entertainment Group, announced a senior-level appointment. On Friday, the company confirmed it has selected human resources expert and proven leader, Shaun Philp, for the role of chief people and culture officer. Although the appointment came this week, Philp will assume the new role starting on September 4, […]
Business
January 27, 2023
SkyCity Appoints Former Tabcorp Boss as Non-Exec Director
The company is bringing in David Attenborough, who is a former Tabcorp managing director and chief executive officer, and has vast experience in the gaming and hospitality industries. New Zealand’s SkyCity Brings Non-Exec Director His appointment is effective from March 1, 2023, according to a filing by SkyCity, although the actual date is still a […]
Industry
January 11, 2023
Michael Ahearne Leaves GiG Board of Directors
Michael Ahearne’s resignation is with immediate effect as he will be focusing on his job as CEO of SkyCity Entertainment Group. Michael Ahearne Joined the GiG Board After the Company Acquired Sportnco Michael Ahearne has been part of the board of directors of iGaming company GiG since April 1, 2022, when the company finalized its […]
Legal
December 7, 2022
AUSTRAC Opens Civil Penalty Proceedings against SkyCity Adelaide
Australian Transaction Reports and Analysis Centre (AUSTRAC), the Australian Government’s agency, which detects and thwarts criminal activities in connection with the financial system, is cracking down on yet another Australian casino for breaching the laws on anti-money laundering and counter-terrorism financing. AUSTRAC Files Penalty Proceedings Against SkyCity Adelaide On December 7, AUSTRAC announced that it […]
Industry
August 26, 2022
SkyCity Entertainment’s FY 2022 Revenue Dropped by 32.9%
New Zealand casino operator SkyCity Entertainment Group released today its financial results for the fiscal year 2022 revealing the impact of the near three-month-long closure of its flagship Auckland property. Revenue Decrease Attributed to Property Closures For the 12 months ended June 30, 2022, SkyCity Entertainment Group generated NZ$639 million ($397 million) in revenue to […]
