SKC.ASX: Resolution of Adelaide Independent Review

Resolution of Adelaide Independent Review

Stock	Skycity Entertainment Group Ltd (SKC.ASX)
Release Time	19 Jun 2026, 7:30 a.m.
Price Sensitive	Yes

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SkyCity Resolves Adelaide Independent Review

Key Points

SkyCity and SkyCity Adelaide enter non-binding heads of agreement
Total fine of A$21 million to be paid in three instalments
Enhanced governance and compliance commitments for Adelaide Casino
Agreement expected to be finalized shortly

Full Summary

SkyCity Entertainment Group Limited (ASX: SKC) has announced the resolution of all outstanding regulatory matters arising from the Independent Review and the Brian Martin Report. The company, along with SkyCity Adelaide, has entered into a non-binding heads of agreement with the Commissioner for Liquor and Gambling in South Australia. The agreement includes a total fine of A$21 million, payable in three equal instalments, and several compliance and operational commitments for the Adelaide Casino. These include structural changes such as an independent Adelaide board and locally accountable leadership, as well as compliance measures to be agreed upon by January 2028. The parties expect to finalize a binding tripartite settlement deed shortly.