{"id":777008919,"date":"2023-09-04T08:19:00","date_gmt":"2023-09-04T11:19:00","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777008919"},"modified":"2026-04-22T18:27:06","modified_gmt":"2026-04-22T21:27:06","slug":"skycity-faces-possible-new-zealand-casino-licence-suspension","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/skycity-faces-possible-new-zealand-casino-licence-suspension","title":{"rendered":"SkyCity faces possible New Zealand casino licence suspension"},"content":{"rendered":"\n

SkyCity has casinos in Auckland, Hamilton and Queenstown.<\/p>\n\n\n\n\n\n\n\n

New Zealand.-\u00a0The New Zealand Department of Internal Affairs (DIA)\u00a0<\/strong>has informed\u00a0SkyCity\u00a0<\/strong>that an application has been submitted to suspend its casino operator’s licence for approximately 10 days. It follows a complaint lodged by a former customer who had gambled at the casino between August 2017 and February 2021.<\/p>\n\n\n\n

The suspension request is primarily based on allegations that SkyCity did not adhere to the requirements outlined in its SkyCity Auckland host responsibility programme concerning the detection of prolonged gambling sessions by customers.<\/p>\n\n\n\n

The DIA’s investigation led to concerns that the company may have breached harm-minimisation obligations. The Department of Internal Affairs and SkyCity will provide submissions to the Gambling Commission, which will then determine the appropriate course of action.<\/p>\n\n\n\n

According to a company filing,\u00a0the Gambling Commission\u00a0<\/strong>will consider “whether to make an order to suspend the casino operator’s licence and, if so, the duration of any such suspension. A decision may not be forthcoming for a number of months.”<\/p>\n\n\n\n

SkyCity’s shares fell over 20 cents to NZ$2.10 following the news<\/p>\n\n\n\n

The casino operator recently shared its financial results for\u00a0the fiscal year 2023<\/a>. The company posted\u00a0revenue of NZ$926.2m (US$551m)<\/strong>, up 44.9 per cent\u00a0year-on-year<\/a>\u00a0from NZ$639m (US$395m). Earnings before interest, tax, depreciation, and amortisation (EBITDA) was NZ$165.9m, up 71.7 per cent from the prior year. The company posted a net profit after tax of NZ$8m (US$4.8m).<\/p>\n\n\n\n

See also:<\/strong>\u00a0Kroll appointed as independent monitor for SkyCity Adelaide<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

SkyCity has casinos in Auckland, Hamilton and Queenstown.<\/p>\n","protected":false},"author":176,"featured_media":24747,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"The New Zealand Department of Internal Affairs has sought a 10-day suspension of SkyCity's casino operator's license, citing alleged breaches of harm-minimisation obligations under its host responsibility programme in Auckland. This regulatory action, stemming from a former customer's complaint regarding prolonged gambling sessions, has led to a notable decline in SkyCity's share price. The Gambling Commission will adjudicate the matter, with a decision anticipated in several months, impacting the operator's market standing despite recent positive financial results.","focusai_entities":"SkyCity, New Zealand Department of Internal Affairs, Gambling Commission, Kroll","focusai_location":"Auckland, Hamilton, Queenstown, New Zealand, Adelaide","focusai_target_profile":"ceo_executive (1.0), regulator (1.0), compliance_legal (1.0), operator_casino (1.0), product_ux (0.8), tech_data (0.8), investor_analyst (1.0), supplier_vendor (0.8), journalist_researcher (1.0)","focusai_suggestions":[{"label":"Regulatory Precedent Impact","query":"What are the broader implications for other New Zealand-licensed operators regarding the stringency of host responsibility programme enforcement and potential for similar license suspensions?"},{"label":"Financial Risk Assessment","query":"How might a 10-day license suspension, or a longer duration, impact SkyCity's projected NGR and EBITDA for the current fiscal year, and what mitigation strategies are in place?"}],"footnotes":""},"categories":[16336,156,158],"tags":[1137],"class_list":["post-777008919","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-australasia-news","category-regulation-news","category-slider-home","tag-skycity"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777008919","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=777008919"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777008919\/revisions"}],"predecessor-version":[{"id":777008926,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777008919\/revisions\/777008926"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/24747"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777008919"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777008919"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777008919"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}