Description of Sky City Entertainment Group Limited
Sky City Entertainment Group Limited (SKYCITY) operates in the entertainment, leisure and recreation, and tourism sectors. The Company has operations in New Zealand and Australia. It has three business segments: gaming machines, table games and other. SKYCITY is organized on a global basis into four geographic areas: SKYCITY Auckland, which includes casino operations, hotels, food and beverage, convention center, car parking and Sky Tower; Rest of New Zealand, which includes the Company's interest in SKYCITY Hamilton, SKYCITY Queenstown, Christchurch Casino and the interest in the Village SKYCITY cinema joint venture; SKYCITY Adelaide, which includes casino operations and food and beverage, and SKYCITY Darwin, which includes casino operations, food and beverage and hotel. In September 2006, the Company acquired the New Zealand cinema exhibition interests of Village Roadshow Limited, which were previously owned in a 50:50 joint venture under the name, Village SKYCITY Cinemas.(Source: ARS)