The owner of Adelaide Casino Skycity says the gaming venue is no longer for sale.

Skycity had been inviting offers for the casino because it was underperforming, but executive director Elmar Toime says over the past six months savings and improvements have been made at the Casino, so it has decided to keep the asset.

“We’re thinking hard about how to make it once more an exciting place to visit.,” he said.

But in its half-yearly results released today, total revenue at the Casino was down 2 per cent to $62.5 million.

The company says smoking bans introduced late last year had an impact, with revenue for November and December down 8 per cent.

Skycity’s overall half yearly profit was down 97 per cent to just over $1 million, after a $60 million write-down of its cinema business.