{"id":92199,"date":"2018-11-08T11:44:33","date_gmt":"2018-11-08T19:44:33","guid":{"rendered":"https:\/\/www.casino.org\/news\/?p=92199"},"modified":"2018-11-08T12:08:05","modified_gmt":"2018-11-08T20:08:05","slug":"delaware-north-splurges-137-million-on-skycity-casino-darwin","status":"publish","type":"post","link":"https:\/\/www.casino.org\/news\/delaware-north-splurges-137-million-on-skycity-casino-darwin\/","title":{"rendered":"Delaware North to Drop $137 Million on Australia\u2019s SkyCity Casino Darwin"},"content":{"rendered":"

US hospitality and gaming group Delaware North (DN) will acquire the SkyCity Casino Darwin in Australia\u2019s Northern Territory in a deal worth $137 million.<\/p>\n

\"SkyCity\"
Delaware North won\u2019t be SkyCity Darwin\u2019s first American owner. The casino resort was part of the MGM empire from 1995 to 2004 before it was sold to New Zealand operator SkyCity Entertainment. (Image: SkyCity Entertainment)<\/figcaption><\/figure>\n

It will be the Buffalo, New York-based company\u2019s first foray into casino ownership outside the US market, where it operates eight racetracks and casinos in New York State, Illinois, West Virginia, Florida, Arkansas, and Arizona.<\/p>\n

But DN is already very much a global-facing business through its stadium catering and tourism operations. As well as providing high-end dining to the arenas of many pro US sports teams, it also caters to Wembley Stadium — home of the England national soccer team, and the Emirates — the home of EPL team Arsenal. In Australia, it provides services to the Australian Open tennis championships.<\/p>\n

Ex-MGM<\/strong><\/h2>\n

DN has also invested heavily in the Australian tourism industry, acquiring visitor centers and resorts at popular vacation destinations like Kings Canyon and Lizard Island.<\/p>\n

Australia has been a second home for DN for 30 years,\u201d said\u00a0Lou Jacobs, co-CEO of Delaware North. \u201cWith SkyCity Darwin, we are expanding our presence in the gaming and entertainment market. We look forward to working with SkyCity Entertainment Group to welcome their employees at SkyCity Darwin to the Delaware North family.”<\/p><\/blockquote>\n

This won\u2019t be the first time the property has been owned by a US company. Between 1995 and 2004 it was owned by MGM Resorts and was known as the MGM Grand Darwin. MGM sold it to New Zealand\u2019s SkyCity Entertainment Group for $141 million.<\/p>\n

The casino resort is surrounded by 30 acres of tropical gardens on the Arafura coast, a stone\u2019s throw from the beach. It boasts 600 slots and over 30 table games, plus a 152-room hotel, four restaurants, five bars, a beachfront resort, VIP super villas with gaming suites, a day spa, and conference space.<\/p>\n

Florida Racing Ban Will Hurst DN Ops <\/strong><\/h2>\n

DN\u2019s gaming operations back home have been variously impacted by November 6 elections. Voters in Arkansas approved an amendment<\/a> to legalize full-scale casino gaming in the state, which will authorize its Southland Greyhound Park facility to begin offering slots and table games.<\/p>\n

It is currently only permitted to offer \u201cskill-based\u201d gaming, a modified version of traditional casino games.<\/p>\n

But as a major operator of greyhound tracks,\u00a0Florida\u2019s decision<\/a> to ban dog racing Is not a positive for DN, which operates the Daytona Beach Kennel Club\u00a0in the Sunshine State.<\/p>\n

While many of Florida\u2019s dog tracks actually supported the ban and were eager to be \u201cdecoupled\u201d from their obligation to offer a quota of races as a condition of their licensing, Daytona Beach said recently that dog racing was a profitable and important part of its business.<\/p>\n

Florida is the hub of greyhound racing in the US, with around 65 percent of active tracks, and the decision to phase out the sports by 2021 will like impact DN\u2019s greyhound operations elsewhere in the US.<\/p>\n","protected":false},"excerpt":{"rendered":"

US hospitality and gaming group Delaware North (DN) will acquire the SkyCity Casino Darwin in Australia\u2019s Northern Territory in a deal worth $137 million. It will be the Buffalo, New York-based company\u2019s first foray into casino ownership outside the US market, where it operates eight racetracks and casinos in New York State, Illinois, West Virginia, […]<\/p>\n","protected":false},"author":36,"featured_media":92201,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[62,28036,10,18],"tags":[],"acf":[],"yoast_head":"\nDelaware North to Drop $137 Million on SkyCity Casino Darwin<\/title>\n<meta name=\"description\" content=\"Delaware North will acquire SkyCity Darwin in Australia's Northern Territory for $137 million. 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It will be the New York-based hospitality company's first casino outside the US.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.casino.org\/news\/delaware-north-splurges-137-million-on-skycity-casino-darwin\/\" \/>\n<meta property=\"og:site_name\" content=\"Casino.org\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Casino.OrgNews\" \/>\n<meta property=\"article:published_time\" content=\"2018-11-08T19:44:33+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2018-11-08T20:08:05+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2018\/11\/skycity.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"2150\" \/>\n\t<meta property=\"og:image:height\" content=\"1210\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Philip Conneller\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@casinoorgphilc\" \/>\n<meta name=\"twitter:site\" content=\"@Casino_Org\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Philip Conneller\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.casino.org\/news\/delaware-north-splurges-137-million-on-skycity-casino-darwin\/\",\"url\":\"https:\/\/www.casino.org\/news\/delaware-north-splurges-137-million-on-skycity-casino-darwin\/\",\"name\":\"Delaware North to Drop $137 Million on SkyCity Casino Darwin\",\"isPartOf\":{\"@id\":\"https:\/\/www.casino.org\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.casino.org\/news\/delaware-north-splurges-137-million-on-skycity-casino-darwin\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.casino.org\/news\/delaware-north-splurges-137-million-on-skycity-casino-darwin\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2018\/11\/skycity.jpg\",\"datePublished\":\"2018-11-08T19:44:33+00:00\",\"dateModified\":\"2018-11-08T20:08:05+00:00\",\"author\":{\"@id\":\"https:\/\/www.casino.org\/news\/#\/schema\/person\/58769b72851c8cf117fb58ca150ebf8b\"},\"description\":\"Delaware North will acquire SkyCity Darwin in Australia's Northern Territory for $137 million. 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