SkyCity Entertainment Group Ltd

SKC: XASX (AUS)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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SkyCity Entertainment Earnings: Regulatory and Economic Headwinds Weigh on Profitability

Angus Hewitt

Aug 21, 2026

SkyCity's underlying fiscal 2026 EBITDA of NZD 182 million was down 22% on last year. Revenue per visit is lower and regulatory costs are higher. Weak economic conditions in New Zealand, particularly toward the end of the year, in addition to mandatory carded play, weighed on profitability.

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SkyCity Entertainment Group Ltd

SkyCity Entertainment Earnings: Regulatory and Economic Headwinds Weigh on Profitability

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