SkyCity acquires Darwin casino - 2004-02-11
Having been stopped from purchasing Perth's Burswood Casino by Kerry Packer last year, New Zealand gaming group SkyCity Entertainment yesterday made its additional big ticket acquisition in Australia, paying $195 million for the MGM Grand Casino in Darwin.
The transaction complements SkyCity's Adelaide casino, giving it a major gambling house at either end of the Darwin-Adelaide railway, which launched this month on finalization of the $1.3 billion Alice Springs-Darwin line.
Read the full story at The West Online