SkyCity Loyalty Points Ruling
SkyCity Entertainment's loyalty points, now deemed gambling revenue, can be converted to gaming credits, impacting casino tax calculations.
February 25, 2024
Simon Rowles
Founder, CEO
SkyCity Entertainment Group's loyalty points could be converted to gaming credits used for further gambling and have been ruled as gambling revenue. SkyCity argued the value of rewards points should not be counted as part of the revenue on which the casino is taxed.