SkyCity Entertainment, owner of Adelaide casino, has set aside an additional NZ$30 million ($28 million) for potential civil penalties and legal costs related to breaches of anti-money laundering and counter-terrorism financing laws.

The revised penalty costs, now totalling NZ$79 million ($73.7 million), were disclosed after a case management hearing.

The Australian Transaction Reports and Analysis Centre initiated civil penalty proceedings against SkyCity Adelaide in December 2022, accusing the casino of serious and systemic non-compliance.

The South Australian government's license review is on hold pending the AUSTRAC proceedings. SkyCity may also temporarily lose its New Zealand operating license over alleged breaches of gambling harm minimisation rules, with a civil penalty hearing scheduled for June 7.