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Sky City Says Tax Changes Will Reduce Net Income NZ$60 Million

Sky City Entertainment Group Ltd., New Zealand’s largest casino operator, said full-year net income excluding a one-time deferred tax adjustment will be between NZ$136 million and NZ$140 million.

The tax adjustment arising from changes in the budget will be NZ$60 million, the Auckland-based company said in a statement. The financial year end June 30.

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