A former SkyCity employee has been charged for allegedly embezzling about $2.5 million from the casino.

The Herald reported yesterday that Tessa Fiona Grant, 40, would have 49 fraud-related charges laid against her today following a police investigation.

Police have now confirmed that Grant has been charged and will appear in the Hamilton District Court tomorrow.

Grant worked at SkyCity's Hamilton casino as finance manager between 2006 and 2013 when she was promoted to general manager.

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Her contract was terminated in 2014.

The company earlier said it referred the matter to police after spotting a number of "financial irregularities" and an internal review found she was linked to some "unexplained transactions".

Police will not comment further as the matter is before the courts.