Adelaide’s Skycity Casino is in the market for an extra 505 poker machines.
Recent reforms to state gambling regulations will allow Adelaide Casino into its first gaming machine trading round, due in April.
Liquor and Gambling Commissioner Paul White announced yesterday that the fifth round of the gaming machine entitlement trading will be held in April.
“This trading round, the fifth round since the new trading system commenced, will see the Adelaide Casino introduced into the scheme,” White said.
“In conjunction with the expansion of the Adelaide Casino facility, the maximum number of gaming machines that can be operated at the Casino will increase from 995 machines to 1500.
“To operate these additional gaming machines, the Casino will need to purchase additional gaming machine entitlements through the approved trading system.
“Under the trading scheme, potential buyers submit a maximum price they are prepared to pay for each gaming machine entitlement and sellers nominate a reserve price that they are willing to accept.”
The trade rounds will need to deliver more than their previous results if the Casino is to fill its 500-plus order.
Under the scheme one in every four gaming machine entitlements sold by hotels is cancelled. Since July 2012 just 48 machines have been removed from South Australian venues.
The next trading day is on on Thursday 3 April, 2014.
Make your contribution to independent news
A donation of any size to InDaily goes directly to helping our journalists uncover the facts. South Australia needs more than one voice to guide it forward, and we’d truly appreciate your contribution. Please click below to donate to InDaily.