{"id":18869,"date":"2021-06-10T16:43:07","date_gmt":"2021-06-10T16:43:07","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=18869"},"modified":"2026-04-23T18:40:47","modified_gmt":"2026-04-23T21:40:47","slug":"pressure-mounts-for-skycity-to-return-more-profit-to-community","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/pressure-mounts-for-skycity-to-return-more-profit-to-community","title":{"rendered":"Pressure mounts for SkyCity to return more profit to community"},"content":{"rendered":"\n<p>Hamilton City Council has made a draft submission to review licence conditions for casinos since SkyCity only returns 1.5 per cent of its profit to the community while pubs and clubs must return 40 per cent.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>New Zealand.-\u00a0<strong>Richard Briggs<\/strong>, Hamilton City Council chief executive, has delivered a draft submission to the New Zealand Gambling Commission calling for an <strong>increase to the amount of profit SkyCity Hamilton returns to the local community<\/strong>.<\/p>\n\n\n\n<p>The casino operator<strong>\u00a0only returns 1.5 per cent<\/strong> while a <strong>pubs and clubs must return 40 per cent of their slot machines profits<\/strong>.<\/p>\n\n\n\n<p>A few weeks ago, the\u00a0<strong>New Zealand Gambling Commission<\/strong>\u00a0started analysing\u00a0<a rel=\"noreferrer noopener\" target=\"_blank\" href=\"https:\/\/focusgn.com\/asia-pacific\/new-zealand-casino-charity-requirements-to-be-reviewed\">casino charity requirements<\/a>.<\/p>\n\n\n\n<p>For Briggs, the<strong>\u00a0current licence conditions are &#8220;out of sync&#8221;<\/strong> due to a historic situation. He said there should be a standard profit return with a minimum contribution.<\/p>\n\n\n\n<p>Hamilton City Council said <strong>the measure should not only include poker machines<\/strong>\u00a0but all forms of gambling in casino venues, with 40 per cent returned to the community.<\/p>\n\n\n\n<p>SkyCity\u00a0<strong>Queenstown Casino donates nearly 2.5 per cent of its net profit<\/strong>, SkyCity Hamilton 2 per cent of its revenue and Auckland\u2019s\u00a0<a rel=\"noreferrer noopener\" target=\"_blank\" href=\"https:\/\/focusgn.com\/asia-pacific\/skycity-announces-us90m-bond-offer\">SkyCity<\/a>\u00a0casino <strong>just 0.7 per cent of its earnings, or a minimum of NZ$500,000<\/strong>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Hamilton City Council has made a draft submission to review licence conditions for casinos since SkyCity only returns 1.5 per cent of its profit to the community while pubs and clubs must return 40 per cent.<\/p>\n","protected":false},"author":176,"featured_media":18882,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Hamilton City Council has submitted a draft proposal to the New Zealand Gambling Commission, advocating for a significant increase in the community profit return from SkyCity Hamilton. The council argues that SkyCity's current 1.5% return is disproportionately low compared to the 40% required from pubs and clubs, proposing a standardized 40% across all casino gaming verticals. This initiative highlights a potential shift in regulatory expectations regarding social contribution from B2C casino operators in New Zealand.","focusai_entities":"Hamilton City Council, SkyCity, Richard Briggs, New Zealand Gambling Commission, SkyCity Hamilton, SkyCity Queenstown Casino, SkyCity Auckland casino","focusai_location":"New Zealand, Hamilton, Queenstown, Auckland","focusai_target_profile":"ceo_executive (1.0), regulator (1.0), compliance_legal (1.0), operator_casino (1.0), investor_analyst (1.0), supplier_vendor (0.7), journalist_researcher (1.0)","focusai_suggestions":[{"label":"Financial Impact Analysis","query":"What is the projected financial impact on SkyCity's Net Gaming Revenue (NGR) and EBITDA if the proposed 40% community return mandate is applied across all gaming verticals?"},{"label":"Regulatory Precedent","query":"How might this regulatory review influence community contribution requirements for other B2C operators in New Zealand and potentially establish a precedent for similar governance frameworks internationally?"}],"footnotes":""},"categories":[16336,157],"tags":[1137],"class_list":["post-18869","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-australasia-news","category-business-news","tag-skycity"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/18869","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=18869"}],"version-history":[{"count":4,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/18869\/revisions"}],"predecessor-version":[{"id":18898,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/18869\/revisions\/18898"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/18882"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=18869"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=18869"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=18869"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}