SkyCity Adelaide agrees to pay $67 million fine, but court will decide if penalty is appropriate

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The operator of the Adelaide Casino and the Australian Transaction Reports and Analysis Centre agrees that $67 million is an appropriate penalty for SkyCity Adelaide's misconduct.

SkyCity Adelaide and AUSTRAC have agreed to a $67 million fine in a joint submission to the Federal Court of Australia.

The operator of the Adelaide Casino has agreed to pay a $67 million fine as an "appropriate penalty" after it accepted it had engaged in misconduct. "AUSTRAC took this action out of concern that SkyCity's conduct meant that a range of high-risk practices, behaviours and customer relationships were allowed to continue unchecked for many years," Mr Thomas said.

There's $2.4 billion in the budget for Indigenous Australians.

 

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