SkyCity calls for level playing field in Adelaide
In Australia, SkyCity Entertainment has ruled out investing in the redevelopment of its Adelaide Casino as part of the city's Riverbank Precinct project until new regulatory arrangements are confirmed.
The state of South Australia is aiming to transform the Riverbank Precinct, which includes the Adelaide Oval stadium, into a major tourism destination. Plans have been put forward for Adelaide Casino to be upgraded and its gaming facilities expanded within the precinct.
The operating and regulatory arrangements governing the casino are presently being reviewed by the state government’s task force, and SkyCity chief executive Nigel Morrison confirmed that the company would continue to work with the government to finalise these arrangements once the review is concluded.
"While we remain excited about the prospect of a significant investment in the Adelaide Casino, from SkyCity‘s perspective no investment can be committed to, until we have certainty regarding the future regulatory arrangements and can be confident of delivering our shareholders an appropriate return on this investment," he said. "Our view has always been that should the Adelaide Casino be given a level playing field with other Australian casinos regarding regulation, we can justify a significant investment in the Adelaide Casino and reposition it as a true entertainment and tourism destination in the Riverbank Precinct."
The G2E Las Vegas trade show gets under way at the Sands Expo and Convention Center today, with thousands of industry professionals expected to travel to the casino industry’s spiritual home this week.
Las Vegas-based start-up Alto Gaming is to bring a suite of games under the iconic Hot Rod brand to the floors of casinos across North America.
Macau casino bonds are plunging with China’s continuing corruption crackdown deterring valuable VIP gamblers, reports Bloomberg.com.
InterGame is the only monthly magazine covering the international coin-op amusements and gaming industry.Learn more
InterGaming is the leading monthly magazine covering the international land-based casino and gaming industry.Learn more
Published bimonthly, iNTERGAMINGi is the leading publication for the growing international online gaming industry.Learn more
An extensive annual review of the industry covering all three gaming sectors and including a global directory of suppliers.Learn more
InterGaming Law is a bi-annual magazine, launched to meet increasing demand for an independent international publication dedicated to legal developments affecting the global gaming sector.Learn more