SkyCity Entertainment Group impairs Adelaide casino assets by A$86.2m due to carded play implementation.

SkyCity Entertainment Group has impaired its Adelaide casino assets by A$86.2m due to mandatory carded play implementation and related legal & compliance costs. The company anticipates a tax adjustment of $129.6m due to recent changes. These adjustments reflect the true value of the assets and address potential financial impacts, without affecting underlying earnings or net profit for the 2024 financial year.