SkyCity faces further mandates in Adelaide over AML/CFT

SkyCity’s travails continue as authorities in Adelaide have mandated that the group’s local subsidiary must appoint a ‘suitably qualified independent expert’ approved by the state’s gambling commissioner to overview its AML/CTF compliance.

In a recent statement, SkyCity notes that the South Australian Liquor and Gambling Commissioner has issued a ‘direction notice’ which requires a review of the group’s AML/CTF ‘and host responsibility enhancement programs’. During SkyCity’s financial half-year, ended December 31^st, the group made some $63.79 million in gaming revenue from its Adelaide casino, up just 29.5 percent yearly, mostly derived from gaming machines.  

Bricks & Mortar Anti-money laundering SkyCity Adelaide Latest news AML/CFT AML/CTF

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