Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Sky City Earnings Rise; Rooftop Expansion Planned

Sky City Entertainment Group Ltd., New Zealand’s largest casino operator, said first-quarter earnings rose 3.7 percent after revenues from most of its businesses grew.

Normalized profit, excluding cinema operations and adjusted for non-recurring items, gained 5 percent in the three months ended Sept. 30 from a year earlier, the Auckland-based company said in a statement today. Revenue from its largest venue, Auckland, fell from the year-earlier quarter, it said, without providing figures.

The company will add three private gaming salons, a rooftop bar and restaurant to the Auckland center, the company said. The expansion will cost about NZ$27 million ($20 million) and will be completed in time for the Rugby World Cup in September, it said.

Analysts forecast full-year normalized profit after tax will reach NZ$127.4 million in 2011, the company said. “We would be disappointed if we did not achieve this,” Chief Executive Officer Nigel Morrison said in the statement.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.