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Cable car and adventure park operators reported lower footfall in South Korea, as did spending at local casinos.
Skyline Enterprises, to cover the cost of the cable car upgrades.
Skyline Enterprises, the cable car, adventure park and casino operator, saw its pre-tax trading result for the year to March fall 58 per cent to $29.8 million, down from $71.3 million the previous year.
The company said this was due to a $24.3 million “impairment” at the Christchurch Casino, although this was lower than expected.
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