May 14, 2026
SkyCity lowers FY26 earnings outlook amid macro pressure and rising costs

SkyCity Entertainment Group has revised down its FY26 earnings guidance, pointing to weaker consumer demand, ongoing macroeconomic pressure, and higher operating costs across New Zealand and Australia, according to a market update released on May 1. The group now expects underlying EBITDA for FY26 to be between NZ$180 million and NZ$190 million (US$106 million-US$112 million…
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