Wednesday, February 11, 2015
SkyCity's Glorious Deal
SkyCity is a largely Australian owned gaming company that has just announced a $66 million profit, largely from gamblers, over the last 6 months. With this Government it has also scored a corporate jackpot and shows that under John Key's leadership all you need to do is ask and your wildest dreams can come true.
SkyCity: Could we have an exclusive deal for building the convention centre that shuts out other competitors?
John Key led Government: Yep
SkyCity: Could we do a backroom deal with no documented evidence of our negotiations?
SkyCity: Could we have a law change that will allow us to substantially expand our gambling capacity as part of that deal?
SkyCity: Would you give us a compensation clause that will protect our operations for the next 35 years?
SkyCity: Could you stop funding the most effective anti-gambling organisation?
SkyCity: Could you turn a blind eye to our lack of monitoring of problem gamblers?
SkyCity: Would you be able to give us some taxpayer owned land adjacent to the Casino for our hotel and conference centre?
SkyCity: Could you get the taxpayer to cover around 20% of the building costs of the convention centre (up to $130 million)?
SkyCity: That was easy :-)
JKLG: We haven't risen to the second easiest country in the world to do business in for nothing ;-)