Sky City confident of jackpot in Darwin - 2004-02-02
Sky City's previous Australian acquisition may score
a mere pass mark, but the company is betting its tilt
at Darwin's biggest casino will be a different story.
The casino operator said two weeks ago it was in talks to buy the MGM Grand Darwin casiNo Worth an estimated $A150 million to $A220 million, it would be Sky City's first big casino acquisition since
the $NZ238.6 million Adelaide casino purchase in 2000.
Analysts say Sky City has done a "reasonable" job on Adelaide but believe there is scope for improvement.
Read the full story at Stuff.co.nz