SkyCity Entertainment Group has reported that its Hamilton venue will remain closed for at least five days amid a new outbreak of Covid-19 cases.
New Zealand.- Authorities in New Zealand have places the city of Hamilton under Level 3 restrictions due to two new Covid-19 cases registered in the last week. SkyCity has temporarily shut down its Hamilton venue for at least five days.
SkyCity Auckland property also remains closed as Auckland remains at Covid-19 Alert Level 3. SkyCity Queenstown has reopened its doors on September 7 and will continue without any changes.
As for SkyCity venues outside New Zealand, SkyCity Adelaide and SkyCity Online Casino, are unaffected by the latest restrictions. SkyCity Adelaide remains open with physical distancing and hygiene requirements already in place.
SkyCity profits up 36.3% for FY21
SkyCity Entertainment Group has shared its financial results for the fiscal year 2021, reporting normalised profit after tax (NPAT) up 36.3 per cent and earnings before interest, tax, depreciation, and amortisation (EBITDA) up 25.5 per cent year-on-year. Its net profit of AU$156.1m was down 34 per cent from the previous year.
Reported EBITDA was down 8.9 per cent and reported NPAT was down 33.7 per cent versus the prior year.
The company said it had benefitted from domestic tourism, particularly on the weekend and holidays at its Adelaide, Hamilton, and Queenstown venues.
A strong performance from its gaming businesses in New Zealand has resulted in 45,000 active customers. However, it was affected by a fire at its convention centre construction project.
Michael Ahearne, SkyCity CEO, said the Covid-19 pandemic has impacted the business and operations at each of the company’s properties over fiscal year 2021.