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LAUNCH OF OFFSHORE SKYCITY ONLINE GAMING SITE

Operational Update8 August 2019SKCConsumer Discretionary

9 August 2019


Client Market Services

NZX Limited

Level 1, NZX Centre

11 Cable Street

WELLINGTON


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ASX Market Announcements

Australian Stock Exchange

Exchange Centre

Level 6

20 Bridge Street

Sydney NSW 2000

AUSTRALIA




RE: SKYCITY ENTERTAINMENT GROUP LIMITED (SKC)

LAUNCH OF OFFSHORE SKYCITY ONLINE GAMING SITE


Please find attached an announcement concerning the launch of an offshore SkyCity

online gaming site via international iGaming company Gaming Innovation Group Inc.



Yours faithfully


Jo Wong

Company Secretary




MARKET RELEASE

9 August 2019


SkyCity announces launch of offshore online gaming site via Maltese subsidiary

SkyCity Entertainment Group Limited (NZX/ASX:SKC) today announced that its Maltese

subsidiary, SkyCity Malta Limited, has launched its offshore online gaming site

‘skycitycasino’ under a .com URL.

This follows the announcement in May 2019 of SkyCity’s partnership with international

iGaming company Gaming Innovation Group Inc (GiG) to provide New Zealanders with an

offshore online casino platform.

On news of the announcement, SkyCity’s Chief Executive Officer, Graeme Stephens said:

“This is an exciting day for SkyCity and one we have been working towards for some time

alongside SkyCity Malta and our partners at GiG. While ultimately a regulated online

gaming market remains the preferred solution, the site launch is another step on our

journey of pursuing opportunities to grow and diversify our earnings, addressing a new,

fast growing industry which is highly complementary to our land-based activities and

offering customers a multi-channel gaming experience’’.

The existing online casino market in New Zealand is well established (with a number of

sites in operation) with estimates suggesting approximately $160 million a year is spent by

New Zealanders on online casino platforms currently provided by offshore operators.

SkyCity remains supportive of regulating the New Zealand online casino market, including

introducing an appropriate licensing regime for operators and imposing taxes and

mandatory host responsibility requirements.

As previously highlighted, GiG will provide SkyCity Malta with a full-suite online casino

solution which includes a technical platform, gaming content, managed services and front-

end development. The skycitycasino online gaming business will be managed by an Online

Director (Steve Salmon) who is based in Europe.


ENDS


For more information please contact:

Media Investors and analysts

Colin Espiner

GM, Communications

DDI: +64 9 363 6467

Mobile: +64 27 504 6294

E-mail: Colin.Espiner@skycity.co.nz


Ben Kay

GM, Corporate Development & Investor

Relations

DDI: +64 9 363 6067

E-mail: ben.kay@skycity.co.nz




About GiG

GiG (GIG.OL/GIGSEK) is an established online casino platform provider and technology

company based in Malta (with offices in Scandinavia, Spain and Gibraltar) and is listed on

both the Oslo and Stockholm stock exchanges.

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