SkyCity would consider selling its entire business as an alternative to its current growth strategy

Consumer conditions in New Zealand and Australia remain subdued New Zealand casino operator SkyCity Entertainment Group will consider proposals from interested suitors to buy its whole portfolio which includes New Zealand’s largest casino, the 328-meter Sky Tower, the New Zealand International Convention Centre (NZICC), along with casinos in Hamilton and Adelaide . Chairman Julian Cook said SkyCity wanted to test the true value to shareholders of continued interest in SkyCity ‘s operations, adding that the Board of Directors would consider any buyout if it was considered a viable alternative to the company’s growth strategy.