Inquiry clears SkyCity Entertainment to hold South Australia's only casino licence - RNZ

Last week, you might have seen that SkyCity Entertainment Group Limited (NZSE:SKC) released its yearly result to the market. The early response was not positive, with shares down 3.2% to NZ$0.60 in the past week. The results were positive, with revenue coming in at NZ$879m, beating analyst expectations by 6.9%. Earnings are an important time for investors, as they can track a company's performance, look at what the analysts are forecasting for next year, and see if there's been a change in sentiment towards the company. Readers will be glad to know we've aggregated the latest statutory forecasts to see whether the analysts have changed their mind on SkyCity Entertainment Group after the latest results. We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. NZSE:SKC Earnings and Revenue Growth August 22nd 2026 Taking into account the latest results, the current consensus, from the six analysts covering SkyCity Entertainment Group, is for revenues of NZ$832.4m in 2027. This implies a discernible 5.3% reduction in SkyCity Entertainment Group's revenue over the past 12 months.

The news: Shares in Skycity Entertainment rose in afternoon trade after the casino operator announced that the NZD74.5 million ($63 million) sale of its 99 Albert Street office tower and Victoria Street investment properties has become unconditional. Shares rose 3.3% to 47 cents at 1:02pm AEST. The context: The transaction is scheduled for settlement on 1 September, with the Auckland-based assets being acquired by Mainland Capital in a joint venture with the Russell Property Group. Skycity CEO Jason Walbridge stated that the company will use the sale proceeds to repay corporate debts and navigate ongoing market volatility.

2 hours agoEvie LakeNorth East and CumbriaPA MediaSam Fender said prices for his 2027 stadium tour would be loweredSam Fender has called out the price of gig tickets ahead of his next tour, promising to lower the cost. The 32-year-old announced his Proper Massive Stadium Tour earlier this week, which will visit Newcastle, Cardiff, London, Edinburgh, Dublin and Manchester in summer 2027. While tickets are yet to go on sale, Fender responded to a post on social media which claimed to outline the expected ticket prices. The Geordie musician also said standing would not be split into a front and back tier and he had "no idea how this was normalised at gigs". Tickets are due to go on general sale at 09:30 GMT on Friday, with a pre-sale at the same time on Wednesday. But Fender said he was "not happy" with the reported prices. "They're getting changed," he said on Instagram. "It got inflated well more than I'd had in mind, it should only be inflated in relation to the cost of putting the show on. "The North Shields singer also said he did not want there to be an option for fans to pay more money to be closer to the front.