Online casino » News » The Government has dealt out 3.9B in subsidies – Sky City received 2.7 million
12 October, 2021 0

The Government has dealt out 3.9B in subsidies – Sky City received 2.7 million

The Government has dealt out 3.9B in subsidies – Sky City received 2.7 million

Many operators including Travel and Tourism have receieved a share of 3.9 trillion in subsidies since the delta pandemic began. Sky City Managment based in Auckland is one of the keen users.

Because of these subsidies, many businnes could continue to work, but as they stated “things were tough after all”.

According to stuff.co.nz many operators have received these subsidies but the amount of some packages is very small taking for example Air New Zealand which demanded 25.8 million in August for its 7,330 workers.

Sky City Managment is the owner of 3 active land-based casinos in Auckland, Quenstown, and Hamilton received a total of 2,745,808 for 2,219 workers as an extension of the subsidy.

Sky City Managment is based in Auckland where you can visit their Sky City Tower, Sky City Auckland casino and recently they also released an online version of Sky City casino.

We said they own three active casinos because the second Wharf casino in Queenstown has been closed throughout the 2020 pandemic.

Delta outbreak subsidies 2021 list

  • Raglan Rock $22,298
  • NZSki – $3,175,128
  • Skydive Taupō – $11,716
  • Air New Zealand – $25,840,332
  • Cardrona Alpine-t – $1,864,456
  • Hampton Down – $143,478
  • Ruapehu Alpine Lifts – $1,771,242
  • Sky City Management – $2,745,808.60
  • The Raglan Surfing School – $5858
  • Go Skydive NZ – $18,745.60

NZ resurgence payment due Alert 2

-Requirements and info

The third package of these resurgence payments, which helps operators in New Zealand with a fixed cost, started last week.

Reurgente payment includes a core per bussines rate of NZ $ 1,500 with NZ $ 400 per worker. Up to a total of 50 FTEs (fulltime equivalents) – which means a maximum payout of NZ $ 21,500. Companies with over 50 FTEs are eligible to apply but will be able to receive a maximum payout of $ 21,500.

The only condition is that everyone who applies must have a 30% drop in revenue in the last seven days (from October 1 for the latest payment) due to Alert 2 restrictions.

Note that the country is still in Alert Level 2, so 4 subsidies can be expected next month as well.

Reference:

  • https://www.stuff.co.nz/travel/news/126605312/state-cash-continues-to-prop-up-tourism-businesses
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