The impairment related to an expected decrease in future cash flow and arose following an annual impairment review of all of SkyCity’s cash-generating properties ahead of its full year financial result to be released on Thursday.
“The primary objective over the coming years is to ensure SkyCity has strongly performing risk management systems, a culture which prioritises compliance with SkyCity’s obligations and customer care, and a business which is seen as a good corporate citizen, worthy of retaining its casino licences,” the company announcement said.
“SkyCity is committed to implementing mandatory carded play across its casinos as this will significantly increase its visibility and control of customer play, and simplify many…
