Casino operator makes $49m provision for regulatory penalties, writes down value of Australian business. SkyCity's Adelaide casino. Casino operator SkyCity has booked a $49 million provision for a potential Australian regulatory penalty following allegations of money laundering failures at its Adelaide casino. The company also booked a $49.7m impairment charge on the value of its Adelaide casino business. Australian financial Want to read more? It's easy. Choose your best value subscription option Get two weeks free access to NBR's Premium Online Subscription, which includes full access to all of NBR's great content on any device.

https://www.nbr.co.nz/investment/skycity-books-99m-charges-over-adelaide-aml-compliance/

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