14th August 2023
NXZ/ASX Announcement - Accounting Provision in Relation to AUSTRAC Civil Penalty Proceedings, Impairment of SkyCity Adelaide Casino Licence, FY23 Guidance Confirmed
In accordance with the requirements of accounting standard NZ IAS 37, SkyCity
Entertainment Group Limited (SkyCity) has determined that it will recognise a provision
of A$45 million (NZ$49 million) in relation to the civil penalty proceedings as at 30 June
2023.
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