The operator of the Adelaide Casino could soon face heftier penalties of up to $75 million if it is found to engage in misconduct, under a proposed overhaul of South Australia's gambling laws.
The South Australian government wants to increase the maximum penalty to $75 million against SkyCity Adelaide operators if a court finds systemic non-compliance with anti-money laundering and counter-terrorism financing laws at the casino.The civil proceedings between Australia's financial crimes watchdog and SkyCity Adelaide will be heard again in court in June.
Penalties for criminal offences such as failing to keep proper financial accounts, evading the payment of casino duty and failure to act on compliance notices would also increase if the government's legislation passed. She said the proposed legislation had measures in place to ensure the state's liquor and gambling commissioner considered penalties already imposed by a court when determining any additional fines.
It said it "appreciates that it is a privilege to hold South Australia's only casino licence and we continue to fully co-operate with all of our regulators".
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