Sky City to focus on Gaming

26 Nov 2009 21:45Share Investor
I was going to write about something completely different today but that can wait.

Something I have been writing about for years 1 2 3 has finally happened at Sky City Entertainment Group. They have ditched their money losing Sky City Cinema Division.

CEO Nigel Morrison hinted at it in an interview I did with him back in September:

SI - The SkyCity Cinema division has always been a challenge, to put it mildly. How do you see its fit within your gaming assets given its poor operating history and low to negative returns over a long period?

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