SkyCity Entertainment, the operator of casinos in New Zealand and Adelaide, will pay $NZ204 million ($187.5 million) to Macquarie to settle a long-running dispute over an Auckland car park fire.

SkyCity, which is also facing regulatory action in Australia over anti-money-laundering failures, agreed to sell the car park at the New Zealand International Convention Centre to Macquarie Capital Principal Finance in 2019, shortly before a fire caused significant damage to the site.