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Hamilton casino back on track

By Phil Boeyen, ShareChat Business News Editor

Tuesday 19th December 2000

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Construction is to restart on Sky City's (NZSE: SKC) 55%-owned Hamilton Riverside casino after the Court of Appeal reinstated its premises licence.

The Court of Appeal overturned an earlier decision by the High Court, which had revoked the licence after determining that one member of the Casino Control Authority had displayed apparent bias in favour of granting the licence.

Riverside chairman Evan Davies says the people of Hamilton can now look forward to the opening of the $65 million project.

"The Riverside complex will give Hamilton an entertainment location like no other in the region. It will be a new place to meet, where people can enjoy live entertainment and gaming in an environment well suited to the local community," he said.

The casino in Hamilton is expected to create 350 full time, permanent jobs, and includes construction of the gaming area, restaurant, bars, entertainment lounge, and the car park.

A separate project includes the construction of an apartment complex and retail-shopping arcade.

The Riverside casino is the fourth in Sky City's line-up alongside one in Auckland, Adelaide and the recently opened Queenstown operation. It also has an investment in Australian-based online betting company Canbet.

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