{"id":20467,"date":"2021-07-20T14:59:07","date_gmt":"2021-07-20T14:59:07","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=20467"},"modified":"2026-04-23T17:27:00","modified_gmt":"2026-04-23T20:27:00","slug":"skycity-adelaide-in-temporary-closure-due-to-covid-19","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/skycity-adelaide-in-temporary-closure-due-to-covid-19","title":{"rendered":"SkyCity Adelaide in temporary closure due to Covid-19"},"content":{"rendered":"\n<p>SkyCity will temporarily close its Adelaide venue due to a snap four-day lockdown following three new cases of Covid-19.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>Australia.-\u00a0<a rel=\"noreferrer noopener\" target=\"_blank\" href=\"https:\/\/focusgn.com\/asia-pacific\/skycity-adelaide-reopens-three-days-after-closing\">SkyCity Entertainment Group Limited<\/a>\u00a0has announced that its<strong> Adelaide casino will remain closed <\/strong>until at least July 23 following new countermeasures imposed by the government.<\/p>\n\n\n\n<p>Authorities in South Australia have announced a range of <strong>new statewide Level 4 Covid-19 restrictions <\/strong>after three new Covid-19 were detected in the community.<\/p>\n\n\n\n<p>Through a company announcement,<strong> SkyCity said it will remain open to hotel guests<\/strong> currently staying in-house, pending further advice from the South Australian Government.\u00a0It said that appropriate physical distancing and hygiene requirements will be implemented at the hotel.<\/p>\n\n\n\n<p><a rel=\"noreferrer noopener\" target=\"_blank\" href=\"https:\/\/focusgn.com\/asia-pacific\/skycity-expects-strong-performance-for-fy21\">SkyCity<\/a>\u00a0will release its FY2021 result on August 25. It expects\u00a0to report <strong>normalised net operating profit after tax (NPAT) of between AU$84m and AU$88m<\/strong>\u00a0and normalised EBITDA of between AU$247m and AU$253m.<\/p>\n\n\n\n<p>Although the company continues to struggle with&nbsp;<strong>the lack of foreign tourists<\/strong>&nbsp;due to Covid-19 countermeasures, SkyCity has benefitted from domestic tourism, particularly on the weekend and holidays.<\/p>\n\n\n\n<p><a rel=\"noreferrer noopener\" target=\"_blank\" href=\"https:\/\/focusgn.com\/asia-pacific\/australian-casinos-investigated-over-aml-compliance\">SkyCity<\/a>\u00a0is one of the casino operators being investigated by the AUSTRAC due to potential non-compliance with AML rules.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>SkyCity will temporarily close its Adelaide venue due to a snap four-day lockdown following three new cases of Covid-19.<\/p>\n","protected":false},"author":176,"featured_media":18586,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"SkyCity's Adelaide casino has temporarily ceased operations until at least July 23 due to a snap four-day Level 4 COVID-19 lockdown in South Australia. This operational disruption occurs as the company prepares to release its FY2021 results, projecting normalised NPAT of AU$84m-AU$88m, while also facing an ongoing AUSTRAC investigation for potential AML non-compliance.","focusai_entities":"SkyCity Entertainment Group Limited, AUSTRAC","focusai_location":"Adelaide, Australia, South Australia","focusai_target_profile":"ceo_executive (0.9), regulator (0.9), compliance_legal (0.9), operator_casino (0.9), payments_fraud_aml (0.8), investor_analyst (0.9), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Impact on FY21 Guidance?","query":"Given the Adelaide closure and ongoing COVID-19 restrictions, how might SkyCity's projected FY2021 normalised NPAT and EBITDA be further impacted, and what is the sensitivity to extended lockdowns?"},{"label":"AUSTRAC Investigation Update?","query":"What is the current status and potential financial or operational ramifications of the AUSTRAC investigation into SkyCity's AML compliance, and what mitigation strategies are being implemented?"}],"footnotes":""},"categories":[16336,23876],"tags":[1137],"class_list":["post-20467","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-australasia-news","category-social-news","tag-skycity"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/20467","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=20467"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/20467\/revisions"}],"predecessor-version":[{"id":20499,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/20467\/revisions\/20499"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/18586"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=20467"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=20467"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=20467"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}