SkyCity reports US$21m loss for FY22

SkyCity has reported a NZ$33.6m (US$21m) loss for the year ended 30 June 2022, largely due to the closure of its flagship property in Auckland for 107 days during H122 due to pandemic-related restrictions. The group’s Hamilton property was forced to close for 65 days, with its Queenstown property closed for 22 days. The operator reported a 33% year-on-year decline in revenue to NZ$639m. Its Auckland property represented the majority of su...