SkyCity Entertainment Group Limited (SKC.NZ)
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 $0.61, down 0.00% on the session, giving a market capitalisation of $528.4M. Its beta of 0.07 implies it has historically moved less than the broad market.
SkyCity Entertainment Group Limited, known by its ticker SKC.NZ, operates as a diversified entertainment and leisure conglomerate across both New Zealand and Australia. Its extensive business encompasses various sectors including gaming, hospitality, hotel management, convention services, and tourism. The company structures its diverse operations through distinct segments: SkyCity Auckland, other New Zealand operations, SkyCity Adelaide, and its International Business division. Beyond managing its physical casinos located in Auckland, Hamilton, Queenstown, and Wharf in New Zealand, and Adelaide in Australia, SkyCity's portfolio also includes hotels, convention centers, a wide array of restaurants and bars, the iconic Sky Tower, car parking facilities, and property investments. Furthermore, it provides hotel accommodation services and runs an online casino platform. As of June 30, 2021, the company's properties were equipped with 309 table games, 3,456 electronic gaming machines, and 331 automated table games, alongside 18 restaurants, 15 bars, and 755 hotel rooms. Established in 1994, SkyCity Entertainment Group maintains its corporate headquarters in Auckland, New Zealand.
SkyCity Entertainment Group Limited is most often compared with the following Consumer Cyclical names: