Construction on the planned A$330-million renovation and expansion of South Australia’s Adelaide Casino kicked off today. The project is expected to create 1,000 construction jobs and around 800 permanent ones once the property is fully operational.
The multi-million-dollar plan was first announced years ago, but delays of different nature hampered its official start. Owners of Adelaide Casino, the New Zealand-headquartered casino operator SKYCITY Entertainment Group, had previously said construction would begin in mid-2016, but it was not before last summer that the company received the necessary authorization from South Australia officials to proceed with its scheme.
The expansion will include refurbishment of the property’s gaming floor, a new hotel tower, a spa, and different food and beverage facilities.
SKYCITY announced last month that it had appointed Hansen Yuncken as the chief contractor on the massive project. The company was the original contractor on Adelaide Casino before its opening in the 1980s. Hansen Yuncken. The Australian construction firm has said that it has appointed and would appoint a number of local sub-contractors to carry out the scheme. It has also pointed out that it would remain committed to using workers from the region during construction.
The renovation and expansion of the hotel and casino complex, located on the site of an old railway station in the heart of Adelaide, is expected to be completed in 2020.
Benefits for the Region
SKYCITY has touted its plan as one that would create multiple new jobs for residents of the region. As mentioned above, a total of 1,000 jobs will be generated during the construction stage and 800 permanent jobs will be created once renovation and expansion work is completed.
Adelaide Casino General Manager Luke Walker has previously said they believed the project would create what would be a “significant drawcard” for the state. He has further pointed out that the local tourism industry already has a lot to offer to both interstate and foreign visitors and the introduction of their renovated property that would offer luxury accommodation as well as a variety of food and beverage and entertainment options would certainly draw high-end customers to Adelaide and its Riverbank Precinct.
Under the terms of its agreement with the South Australian government, Adelaide Casino will have to ensure that proper controls for the socially responsible provision of gambling services are in place. Mr. Walkers said that they would address any problem gambling issues and would install systems for monitoring and detecting potential problem gamblers for the purpose. The official has also noted that a roster of professionals would be hired and would be working full-time to help any customer showing signs of problem gambling.
SKYCITY bought Adelaide Casino back in 2000 for a reported amount of between A$180 million and A$190 million as part of its plan to expand beyond its domestic New Zealand market. Aside from the Adelaide-based casino, the operator owns one more casino property in Australia – the SKYCITY Darwin casino complex, which it is looking to sell for around A$212 million.