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Casino operator Sky City Entertainment Group Ltd said today it would probably return cash to shareholders if it sells its Adelaide casino.
The company, which is being scrutinised by a potential bidder, is pressing ahead with a programme of asset sales despite declaring it is open to takeover offers.
"If we also sell the Adelaide casino I think we would give some money back to shareholders," executive director Elmar Toime told the CNBC television channel.
Sky City shares last traded up 2 cents, or 0.4 per cent, at $5.32, having traded between $4.05 and $5.56 over the past 12 months.
- REUTERS
