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Jeremy Hutton: Milford Asset Management Equities Analyst on SkyCity's stock dropping following potential license suspension

Jeremy Hutton: Milford Asset Management Equities Analyst on SkyCity's stock dropping following potential license suspension

Heather du Plessis-Allan Drive · Newstalk ZB

September 6, 20232m 59s

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Show Notes

A drop in share prices for Sky City - over the possibility its casino license could be suspended for up to 10 days.

The Department of Internal Affairs has applied for a temporary suspension from the Gambling Commission after it accused the operator of not complying with Host Responsibility rules.

Milford Asset Management's Jeremy Hutton says the stock price dropped 13 percent on Monday, prompting concerns.

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Topics

businessSkyCitystock