SkyCity will re-develop Adelaide Casino, investing AU$300 million. Image: SkyCity

Adelaide Casino will receive an AU$300 million makeover, thanks to SkyCity Entertainment Group’s persistence and extensive state government negotiations.

Following discussions, the South Australian government agreed to extend SkyCity’s exclusivity rights to operate table games, automated table games and ‘premium VIP gaming’ until 30 June, 2035 from June 2015, Sky News reported.

These liberties will enable SkyCity to boost the number of electronic gaming machines in Adelaide to 1500 and almost double the total number of table games. 

SkyCity was also granted the right to increase the maximum bets, jackpots and cashless gaming transaction limits in VIP premium rooms.

New taxes and rates for gaming were also decided upon.

“After two and a half years of negotiations we are delighted to reach agreement with the South Australian Government which levels the playing field with our regional competitors and allows us to offer a competitive and contemporary gaming and entertainment offering,” SkyCity treasurer Jack Snelling said.