SkyCity faced a rejection of its $13.1m casino duty appeal
The High Court of Australia has rejected SkyCity's appeal and announced that the company has to pay AU$ 13.1 million in casino duty.SkyCity Entertainment, founded in...
SkyCity welcomes new CFO Peter Fredricson
SkyCity Entertainment has appointed AMP’s former finance team member Peter Fredricson to be CFO.
Fredricson has more than twenty five years of experience in listed energy and infrastructure sectors, as well as investment banking sectors in Australasia, Asia and the Pacific Rim.
The chief executive officer of SkyCity, Jason Walbridge said:
“I am pleased to have someone of Peter’s calibre and experience joining the SkyCity team. Peter will play an important role in delivering the company’s strategic plan.”
The company faced laundering and terrorism financing laws in Australia and New Zealand. Up to now, the SkyCity price is below by more than twenty percent.
Fredricson will start on August 5 and work with current CFO Julie Amey through a managed handover until she leaves in September.
New Zealand High Court fined SkyCity
A penalty of NZ$4.16 million has been imposed on SkyCity Casino Management by the High Court in New Zealand.
SkyCity Entertainment, founded in 1996, is a gambling and...
