Pokie revenue falling

che – i dont think you mean ‘political parties’ i think you mean the labor party, the recipient of the canberra labor clubs donations.

You can rely on the self-serving nature of our elected representatives.

The legacy of Rosyln Dundas and the banning of $50 notes from ATMs in clubs has meant upto a 20% reduction in pokie profits in some places.

But don’t worry political parties have looked after themselves in these losses, by removing the requirement for clubs to provide an equal amount of donations to charities as they do to political parties. I wonder how much that move coast ACT charities?

If the club’s pokie revenues didn’t eventually fall, then I’m sure the government of the day would have increased taxes, such that the same balance is achieved at the club level at the end of the fin year.

All govt’s are in an awkward position. They love the pokie taxes, yet they have to be shown as doing the ‘socially responsible’ thing and ‘crack down’ and introduce things like banning $50 and $100 notes from the machines.

Much can be said for cigarette taxes….