SkyCity tempers FY26 earnings expectations due to impact of Middle East conflict on customer discretionary spend at its Auckland and Adelaide casinos
🟡 NeutralIAG – Inside Asian Gaming2026-05-04
SkyCity has revised down its 2026 financial performance guidance due to the impact of the Middle East conflict and rising fuel prices on customer discretionary spending at its Auckland and Adelaide casinos. The company is implementing additional cost-saving measures and exploring asset sales to mitigate the economic impact. Trading conditions in Hamilton and Queenstown remain relatively stable.