SkyCity share price on watch as investor day looms Kenneth Hall, The Motley Fool · November 6, 2019 at 7:27 pm Ahead of today’s event, SkyCity released its presentation to the ASX this morning. The company’s Adelaide expansion update is sure to attract some attention from investors. SkyCity’s belief in the South Australian economy despite a broader Australian slowdown is underpinned by major infrastructure projects. The SkyCity share price has been up and down throughout 2019, as concerns surrounding economic growth have increased.Large defence contracts have boosted construction activity in the state, which SkyCity expects to support the economy over the medium-term. Tourism expenditure and population growth are other key tailwinds for the southern state.