Heather du Plessis-Allan DriveSkyCity is pushing forward with a new capital raise, after confirming a significant drop in profit.
Underlying profit's plummeted 42 percent, according to new reports.
Costs have also been rising, particularly for regulatory compliance, online gaming, and the soon-to-open Auckland convention centre.
SkyCity CEO Jason Walbridge says he believes they're acting in the best interests of the company - despite the concerns.
LISTEN ABOVE
In 1 playlist(s)
Heather du Plessis-Allan Drive
With a straight down the middle approach, Heather du Plessis-Allan Drive on Newstalk ZB delivers the…Social links
Follow podcast
Recent clips
The Huddle: Do we think Luxon's safe in his seat?
10:21
Barry Soper: Newstalk ZB senior political correspondent on the conclusion of the Luxon saga
05:19
Alan McDonald: EMA Head of Advocacy on Kiwi businesses raising concerns over the war in Iran
02:45