Skyline sells Christchurch Casino after $5 million fine

Queenstown's Skyline Enterprises has sold Christchurch Casino in the wake of a breach of anti-money laundering laws and a $5 million fine.

The Department of Internal Affairs (DIA) said in August 2025 that as part of the settlement, Christchurch Casino admitted all seven causes of action in the DIA’s amended statement of claim. The casino has agreed to a proposed $5.06 million penalty.

"DIA found that Christchurch Casino had failed to establish, implement and maintain a compliant AML/CFT (Anti-Money Laundering and Countering Financing of Terrorism Act 2009) compliance programme, adequately monitor accounts, conduct compliant enhanced customer due diligence, terminate existing business relationships when required, and keep records as required by the act," a statement read.

The following statement detailing the sale has been released by Skyline.

"The Board of Skyline Enterprises wishes to advise that it has entered into a conditional agreement to sell Christchurch Casinos Limited. Subject to the granting of the necessary regulatory approvals, settlement is expected to take place in mid-2026.

"The Australia based purchaser has confirmed that their intention is to continue to operate the business, and Skyline will work closely with the Christchurch Casino team, patrons, the wider community and the incoming purchaser to ensure a smooth transition.

"Skyline Enterprises Chairman Peter Treacy said “The divestment of this business provides an opportunity for Skyline to sharpen our strategic focus and progress other opportunities. On behalf of the Skyline Enterprises Board, I’d like to thank the directors, staff and customers of Christchurch Casino for their support over the years.”