SkyCity Exceeds Expectations After Reopening
SkyCity exceeds expectations following the reopening of its facilities in New Zealand. The casino has been performing way ahead of its expectation especially in the Queenstown, Auckland, and Hamilton facilities. SkyCity Entertainment opened its accommodation and entertainment facility doors on 14 May 2020.
Facilities in Hamilton and Auckland have delivered great performances in terms of the gaming business. The casino has seen an improvement in electronic gaming machines and a 50% steady improvement in the table game revenues. The improvement was rather slower than usual business. As of 31 May 2020, SkyCity recorded 21,000 registered players on its online casino platform.
SkyCity Non-gaming Aspects also Exceed Expectation
In addition to the gaming aspect of the casino doing well, the non-gaming aspect is also doing fairly well. Although the casino revealed that it might take longer for this part of the business to recover. The casino averaged up to 90 percent hotel occupancy during the weekends because of the special offers while on normal days the numbers averaged close to 30 percent. Additionally, the casino’s high international component was reasonably high.
SkyCity Adelaide Remains Closed
The SkyCity Adelaide Casino is still closed but the construction development on the facility is still in progress. The casino reveals that everything regarding the refurbishment remains on time and on budget. SkyCity expects to reopen the facility by late June or early July. This is strictly based on the South Australian government’s three-stage approach of easing lockdown restrictions.
Execs foresees Even Better Results
Chief Executive Officer of the SkyCity Entertainment, Graeme Stephens says SkyCity exceeds expectations since its opening. He revealed that the company is showing signs of improvement and growth despite its medium plans to become a much smaller, domestically based business. Earlier, the company announced plans to reduce its New Zealand staff by about 700. This was part of the plan to make the company smaller for the domestic market. The move to become a smaller company will help the company become sustainable in the long run. According to Stephens, this will help the company continue to support the jobs of the thousands of employees that the company employs.