SkyCity Adelaide independent review result pushed back to May of 2025

New Zealand and Australia gaming operator SkyCity Entertainment Group has announced that it has been granted an extension on the review period of its property SkyCity Adelaide casino.

According to a company announcement, the report being compiled by Brian Martin is now expected to be completed by the end of May 2025.
The deadline had previously been set for December 31^st of 2024.
The group notes that ‘it is possible that Mr Martin’s findings may be unfavorable. However, prior to any final report being provided by Mr Martin, it is not possible to determine the outcome of the independent review and what regulatory action, if any, might be applied to SkyCity Adelaide and SkyCity’.
The independent review into SkyCity Adelaide kicked off in June of 2024, after Australian courts approved the AU$67 million ($44.6 million) penalty laid out by Australia’s financial watchdog for SkyCity Adelaide.
The fine relates to past violations of the Australian Anti-Money Laundering and Counter-Terrorism Financing Act 2006 and its rules spanning from December 7^th, 2016 to December 14^th, 2022.
The review follows similar proceedings against Crown Resorts and The Star Entertainment Group.

Bricks & Mortar Regulator Casino Report Crown Resorts SkyCity Adelaide

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