SkyCity Entertainment Group expects to finish $1.05 billion worth of projects later next year, but Adelaide has been picked to beat Auckland as construction in the two cities run neck-and-neck.

"If I was a betting man - and I'm not - I'd probably put my money on Adelaide," chief executive Graeme Stephens told the AGM in Auckland today. "There's a degree of competitiveness between the Kiwis and the Aussies."

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