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Background
SKYCITY Entertainment Group Limited (formerly SKYCITY Limited) began operations in 1996 when the company was established as owner of the SKYCITY Auckland gaming and entertainment complex in New Zealand, which includes the world-renowned Sky Tower.
In 1998 SKYCITY took over the operation of the casinos within the complex from the original gaming operator, and under its direction and ownership the property has delivered significant growth in revenue, profits and returns to shareholders.
Following the successful consolidation of the business at its key property in Auckland, SKYCITY aquired the Adelaide Casino in South Australia (now SKYCITY Adelaide) in June 2000, a move that signalled the company's transition from a single-site business to an Australasian gaming and entertainment business.
The company's growth continued with the opening of SKYCITY Queenstown Casino in New Zealand's premier alpine tourism resort in December 2000. In March 2001 SKYCITY acquired a 50.2 per cent interest in Force Corporation Limited, a cinema entertainment company based in Auckland (later renamed SKYCITY Leisure). Reflecting this growth, the SKYCITY Limited company name was relaunched in September 2001 as SKYCITY Entertainment Group Limited. One year later SKYCITY celebrated the opening of its fourth property, SKYCITY Hamilton.
In February 2004, SKYCITY announced its intention to acquire a second Australian operation, the Darwin casino and hotel, from MGM. At a purchase price of A$195 million (NZ$215 million), the acquisition was completed on 22 July 2004. The property has been rebranded SKYCITY Darwin.
In June 2004 SKYCITY settled the purchase for the acquisition of Aspinall (NZ) Limited, which included a 40.5% shareholding in the Christchurch Casino (Christchurch Casinos Limited) and a 32.2% interest in Victoria Hotels (Christchurch) Limited, the owner of the 296 room, 4 star, Christchurch Crowne Plaza Hotel, located adjacent to the Christchurch Casino in central Christchurch.
SKYCITY issued a takeover offer in May 2004 for the remainder of SKYCITY Leisure's equity that the company did not hold. The takeover offer was successful with SKYCITY taking full ownership of SKYCITY Leisure in July 2004.
A further 15% of SKYCITY Hamilton was acquired in July 2004, increasing SKYCITY's interest in the operation to 70%. The remaining shares were acquired in May 2005 resulting in 100% ownership of SKYCITY Hamilton. In September 2005, SKYCITY purchased the surrounding Riverside Entertainment Centre.
SKYCITY Auckland opened the five-star, 316 room Grand Hotel in April 2005.
The key to SKYCITY's continued growth and success has been ensuring engaging experiences for its customers by providing excellent service and offering quality products that are enjoyed by a broad range of local and overseas visitors.
The SKYCITY vision - to create fun and entertainment - together with its stated objective of being New Zealand's most popular entertainment and leisure destination, combine in a philosophy that is intrinsic to all its operations.
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Registered Office
SKYCITY Entertainment Group Limited and SKYCITY Auckland Limited
Level 6
Federal House
86 Federal Street
P O Box 6443
Wellesley Street
Auckland
New Zealand
Phone: +64 9 363 6141
Fax: +64 9 363 6140
sceginfo@skycity.co.nz
Subsidiaries
SKYCITY Adelaide
North Terrace
Adelaide
South Australia 5000
Australia
Phone: +61 8 8212 2811
Fax: +61 8 8410 4458
SKYCITY Darwin
Gilruth Avenue, Mindil Beach
Darwin
Northern Territory 0801
Australia
Phone: +61 8 8943 8888
Fax: +61 8 8946 9777
SKYCITY Hamilton
346 Victoria Street
PO Box 954
Hamilton
New Zealand
Phone: +64 7 834 4900
Fax: +64 7 834 4901
SKYCITY Queenstown Casino
16-24 Beach Street
Queenstown
New Zealand
Phone: +64 3 441 0400
Fax: +64 3 441 0404
SKYCITY Leisure Ltd
86 Federal St
PO Box 91249
Auckland
New Zealand
Phone: +64 9 363 6336
Fax: +64 9 363 7197
Investments
Christchurch Casinos Limited
Level 4, Riverlands House
30 Victoria St
Christchurch
New Zealand
Phone: +64 3 365 9999
Fax: +64 3 365 2920
New Zealand Share Registrar
Computershare Registry Services Limited
Level 2
159 Hurstmere Road
Takapuna
Private Bag 92119
Auckland
Phone: +64-9-488-8700
Fax: +64-9-488-8787
Australian Share Registrar
Computershare Investor Services Pty Limited
Level 3
60 Carrington Street
Sydney
NSW 2000
GPO Box 7045
Sydney
NSW 1115
Phone: +61-2-8234 5000
Fax: +61-2-8234 5050
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