SkyCity Entertainment is given more time and sufficient chances by the New Zealand government. The up and coming bookmaking authority and property is given extension for its deal deadline according to online reports from Business Desk. This is favorable news for the bookmaking operator planning to expand and improve its operations in the New Zealand bookmaking market. The New Zealand government announced that the extension for the deal deadline is based on numerous factors that the government deemed necessary to expect and come up with more remarkable results and benefits out of the agreement. The bookmaking operator and company is planning for an expansion of its business operations and other gambling features yet they must first adhere to the different standards and provisions of the government of New Zealand.
According to Business Desk reports, the deadline for the deal of the SkyCity Entertainment is yet to be released. The casino operator aiming to expand its market and customer base in New Zealand is known to provide versatile gambling features in the country through its Internet and land based wagering operations. Although there are confirmed reports that the deal deadline is to be extended, the two involved parties are yet to release the official and fixed date of the deadline. Reports further explained that this deadline is yet to be set but there are unofficial news or speculations that it would take place for two weeks’ time. The provision of the agreement between the government of New Zealand and SkyCity Entertainment is focused on the plan of the bookmaking group to expand its wagering and gaming market.
The New Zealand government gave its own provision and terms in order to make the deal beneficial for both parties. For instance, the provision states that SkyCity Entertainment is to build and finance an Auckland based prime convention center in the country. This is the term of the agreement in exchange of allowing the company to still operate and extend their gaming license. Furthermore, the agreement also includes the permission granted to SkyCity Entertainment to add and increase their table games and slot machine features.