NZ's SkyCity Entertainment rises on renewal of Queenstown Casino licence

Skycity Entertainment

11/11/2025 02:26

** Shares of New Zealand's SkyCity Entertainment SKC.NZ rise as much as 2% to NZ$0.77, their highest level since October 21

** The casino operator says New Zealand Gambling Commission has granted SkyCity Queenstown with a renewal of its casino venue licence

** Renewal of casino license for a further of 15 years from December 7

** Near 1.8 million shares change hands, 1.0x the 30-day average volume

** Stock has fallen 43.2% this year, as of 0218 GMT

 (Reporting by Roshan Thomas in Bengaluru)

 ((Roshan.Thomas@thomsonreuters.com;))