SkyCity Entertainment Group Limited (SKC.AX)
SkyCity Entertainment Group Limited operates in the Gambling, Resorts & Casinos industry of the Consumer Cyclical sector, headquartered in Auckland, AUK, NZ. The stock last traded at $0.51, up 0.00% on the session, giving a market capitalisation of $556.9M. Its beta of 0.07 implies it has historically moved less than the broad market.
SkyCity Entertainment Group Limited, operating with its various subsidiaries, is a comprehensive leisure and hospitality enterprise active across New Zealand and Australia. The company's core businesses encompass gaming, entertainment, hotels, convention services, hospitality, and tourism. Its operations are structured into distinct segments: Skycity Auckland, other New Zealand operations, SkyCity Adelaide, and an International Business division. The group's diverse offerings include hotels, convention centers, food and beverage establishments, the iconic Sky Tower, parking services, and property investments. SkyCity manages casino complexes in Auckland, Hamilton, and Queenstown in New Zealand, as well as in Adelaide, Australia, often featuring a wide array of restaurants and bars. Furthermore, it provides hotel accommodations and runs an online casino service. As of June 30, 2022, SkyCity's extensive facilities included 309 table games, 3,451 electronic gaming machines, 378 automated table games, 17 restaurants, 15 bars, 755 hotel rooms, and an online casino. The company was established in 1994 and is headquartered in Auckland, New Zealand.
SkyCity Entertainment Group Limited is most often compared with the following Consumer Cyclical names: