Larry Williams Drive

SkyCity is pushing forward with a new capital raise, after confirming a significant drop in profit. Underlying profit's plummeted 42 percent, according to new reports. Costs have also been rising, particularly for regulatory compliance, online gaming, and the soon-to-open Auckland convention centre. SkyCity CEO Jason Walbridge says he believes they're acting in the best interests of the company - despite the concerns. LISTEN ABOVESee omnystudio.com/listener for privacy information.