NZ's SkyCity takes $57 mln impairment charge on Adelaide assets
18/08/2024 21:59
Aug 19 (Reuters) - New Zealand casino operator SkyCity Entertainment SKC.NZ on Monday warned of an estimated A$86.2 million ($57.44 million) impairment charge on its Adelaide assets, citing mandatory carded play at the casino and additional legal and compliance costs. ($1 = 1.5006 Australian dollars) (Reporting by Sameer Manekar in Bengaluru Editing by Chris Reese) ((Sameer.Manekar@thomsonreuters.com; Twitter: https://twitter.com/sameer_manekar;))
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