UPDATE ON INDEPENDENT REVIEW OF SKYCITY ADELAIDE

MKTUPDTE
Mon, Dec 30 2024 05:01 pm

SkyCity Entertainment Group Limited
(SKC.NZX/SKC.ASX)

30 December 2024


UPDATE ON INDEPENDENT REVIEW OF SKYCITY ADELAIDE

SkyCity Entertainment Group Limited (SkyCity) advises that the Acting South Australian Liquor and Gambling Commissioner for Consumer and Business Services has announced that they have agreed to an extension of time for the completion of the Honourable Brian Martin AO KC’s independent review into SkyCity Adelaide Pty Limited (SkyCity Adelaide). Mr Martin is now expected to complete his report by the end of May 2025 (from the previous date of 31 December 2024).

As previously flagged to the market on 31 October 2024, it is possible that Mr Martin’s findings may be unfavourable. 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.

Further details are available on Consumer and Business Services’ website at www.cbs.sa.gov.au.

ENDS
For more information, please contact:

Investors and analysts:
Craig Brown
Head of Investor Relations & Corporate Development
Mobile: +64 27 470 6802
E-mail: [email protected]

Media:
Graeme Muir
GM Communications
Phone: +64 21 426 844
Email: [email protected]


This announcement has been authorised for release by:
Phil Leightley, Deputy General Counsel & Company Secretary


Announcement PDF


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