{"id":149572,"date":"2025-02-20T03:01:16","date_gmt":"2025-02-19T20:01:16","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/skycity-entertainment-group-result-73-profit-drop-blamed-on-gambling-revenue-drop-market-malaise\/"},"modified":"2025-02-20T03:37:05","modified_gmt":"2025-02-19T20:37:05","slug":"skycity-entertainment-group-result-73-profit-drop-blamed-on-gambling-revenue-drop-market-malaise","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/skycity-entertainment-group-result-73-profit-drop-blamed-on-gambling-revenue-drop-market-malaise\/","title":{"rendered":"SkyCity Entertainment Group result: 73% profit drop blamed on gambling revenue drop, market malaise"},"content":{"rendered":"<p>&#013;<br \/>\nCasino, entertainment and hotel giant explains how market treated it.&#013;<br \/>\n&#013;<br \/>\nSource : nzherald.co.nz\/Property&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.nzherald.co.nz\/business\/skycity-entertainment-group-result-73-profit-drop-blamed-on-gambling-revenue-drop-market-malaise\/ZROXO33OERBSVMNHEN5LEOJK3Y\/\" target=\"_blank\" rel=\"noopener\">SkyCity Entertainment Group result: 73% profit drop blamed on gambling revenue drop, market malaise<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Casino, entertainment and hotel giant explains how market treated it.&#013; &#013; Source : nzherald.co.nz\/Property&#013; Read&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-149572","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-CUs","jetpack-related-posts":[{"id":109870,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/breaking-skycity-net-profit-falls-underlying-earnings-flat\/","url_meta":{"origin":149572,"position":0},"title":"BREAKING: SkyCity net profit falls, underlying earnings flat","date":"August 14, 2019","format":false,"excerpt":"\r Casino, restaurant and hotel business Sky City Entertainment has posted a 14.7 per cent drop in net profit from $169.5 million last year to $144.6m this year.Normalised revenue rose 1.6 per cent to $173m, according to the result...\r \r Source : nzherald.co.nz\/Property\r Read more...BREAKING: SkyCity net profit falls, underlying\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":22452,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/skycity-result-gets-negative-market-reaction\/","url_meta":{"origin":149572,"position":1},"title":"SkyCity result gets negative market reaction","date":"August 10, 2016","format":false,"excerpt":"\r Analysts and investors remained downbeat about SkyCity Entertainment Group's record $1.1 billion revenue and $145.7 million net profit after tax indicating it was below expectations.Adam Alexander and Kane Hannan of Goldman Sachs...\r \r Source : nzherald.co.nz\/Property\r Read more...SkyCity result gets negative market reaction","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":124423,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/lockdown-hit-skycity-entertainment-group-profits-forecast-to-sink-into-loss\/","url_meta":{"origin":149572,"position":2},"title":"Lockdown hit: SkyCity Entertainment Group profits forecast to sink into loss","date":"February 1, 2022","format":false,"excerpt":"\r SkyCity Entertainment Group is forecast to record a 75 per cent operating earnings drop and a net loss in its half-year result out this month because of harsh pandemic restrictions and property closures.Adrian Allbon and Jason Cao,...\r \r Source : nzherald.co.nz\/Property\r Read more...Lockdown hit: SkyCity Entertainment Group profits forecast\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":118449,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/skycity-entertainment-group-net-profit-tumbles-60-to-66-2m-after-challenging-year\/","url_meta":{"origin":149572,"position":3},"title":"SkyCity Entertainment Group net profit tumbles 60% to $66.2m after &#039;challenging&#039; year","date":"September 3, 2020","format":false,"excerpt":"\r SkyCity Entertainment Group's net profit fell 60 per cent from $164.6 million last year to $66.2m this year and the company won't pay shareholders a final dividend.But the result was still at the upper end of the target range the...\r \r Source : nzherald.co.nz\/Property\r Read more...SkyCity Entertainment Group net\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":124563,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/skycity-entertainment-group-interim-result-shows-33-7m-net-loss\/","url_meta":{"origin":149572,"position":4},"title":"SkyCity Entertainment Group interim result shows $33.7m net loss","date":"February 14, 2022","format":false,"excerpt":"\r Pandemic-hit SkyCity Entertainment Group has reported a loss for its latest half-year of $33.7m, down 143 per cent on the previous corresponding profit of $77.9m.Revenue fell 35 per cent from $449.9m to $289.8m, the business citing...\r \r Source : nzherald.co.nz\/Property\r Read more...SkyCity Entertainment Group interim result shows .7m net\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":140961,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/skycity-entertainment-group-new-chief-executive-to-be-named-amidst-gambling-probes-hotel-opening\/","url_meta":{"origin":149572,"position":5},"title":"SkyCity Entertainment Group: New chief executive to be named amidst gambling probes, hotel opening","date":"January 9, 2024","format":false,"excerpt":"\r It's been 12 weeks now since the company said Michael Ahearne is going. Who's taking over?\r \r Source : nzherald.co.nz\/Property\r Read more...SkyCity Entertainment Group: New chief executive to be named amidst gambling probes, hotel opening","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/149572"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=149572"}],"version-history":[{"count":1,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/149572\/revisions"}],"predecessor-version":[{"id":149573,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/149572\/revisions\/149573"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=149572"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=149572"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=149572"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}