Nearly 1/4 billion dollars drops off Sky City market value

Casino operator SkyCity had nearly quarter of a billion dollars wiped off its market value today after the Department of Internal Affairs applied to suspend its gaming licence. SkyCity's accused of failing to uphold its host responsibilities due to the amount of time one customer was able to spend gambling between August 2017 and February 2021. The news has prompted organisations like the Problem Gambling Foundation and Asian Family Services to call for more robust gambling harm reduction measures. Delphine Herbert reports.