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$330M Expansion For Adelaide Casino
Adelaide Casino will embark on a $330 million expansion to “attract high rolling Asian clientele” and wealthy interstate visitors.
The strategy mimics what the company has done in Auckland, said SkyCity CEO Nigel Morrison. It calls for the first $40 million to be spent in the next year on new premium gaming areas and gaming equipment and technology.
The expansion got the green light after talks with the South Australian government, which called for a higher tax rate. Morrison estimated the casino would double its tax bill by 2020.