Heading. Chapter /14

Save this PDF as:
Size: px
Start display at page:

Download "Heading. Chapter 1 2013/14"

Transcription

1 Heading Chapter /14

2 A Database On Australia s Gambling Industry Published and Prepared by the Australasian Gaming Council (AGC). DISCLAIMER Whilst a great deal of care has been taken in the preparation of this publication, it is nevertheless necessary to caution users with regard to its accuracy. Address: Phone Web Level 1/1 Little Collins Street Melbourne 3000 Victoria Australia The information contained in this publication has been obtained from external sources and has not been independently verified by the Australasian Gaming Council ( the Council ). The Council expressly disclaims all and any liability (including all liability from or attributable to any neglect or wrongful act or omission) to any persons in respect of anything done or omitted to be done by any person in reliance whether in whole or in part upon any material in this publication. This publication is copyright. No part may be reproduced by any process except in accordance with the provisions of the Copyright Act 1986 The Australasian Gaming Council welcomes comments and suggestions on this publication. Please contact

3 A Database on Australia s Gambling Industry 2013/14 Australasian Gaming Council Chapter 1 Australia s Gambling Environment DEFINITIONS OF GAMBLING... 2 GAMBLING... 2 GAMING... 2 KENO... 2 SPORTS BETTING... 2 WAGERING... 2 GAMBLING IN AUSTRALIA... 2 GAMING IN AUSTRALIA... 3 CASINO GAMING... 3 ELECTRONIC GAMING MACHINES (GAMING MACHINES/EGMS/POKER MACHINES/POKIES)... 5 KENO LOTTERIES, LOTTO AND INSTANT LOTTERIES LOTTERY PROVIDERS IN AUSTRALIA ONLINE/INTERACTIVE GAMING/GAMBLING POOLS (FOOTBALL POOLS) RACING AND WAGERING IN AUSTRALIA RACING WAGERING BETTING EXCHANGES BOOKMAKERS SPORTS BETTING TOTALISATOR AGENCY BOARD (TAB/TOTE) LICENCE AND EXCLUSIVITY ARRANGEMENTS CASINOS KENO LOTTERIES WAGERING

4 Chapter 1 Australia s Gambling Environment DEFINITIONS OF GAMBLING Gambling Gambling is the placement of a wager or bet on the outcome of a future uncertain event. 1 Gaming Gaming refers to all legal forms of gambling other than racing and sports betting, such as lotteries, poker and gaming machines, casino gaming, football pools, interactive gaming and minor gaming (which is the collective name given to raffles, bingo, lucky envelopes and the like). 2 Keno Keno is game where a player wagers that their chosen numbers match 20 numbers randomly selected from a group of 80 numbers via computer or ball draw device. 3 Sports betting Sports betting is wagering on approved types of local, national or international sporting activities (other than forms of horse and/or greyhound racing), whether on or off-course in person, via telephone or via the internet. 4 Wagering Wagering refers to all legal forms of gambling on racing and sporting events. 5 GAMBLING IN AUSTRALIA Table 1-1 Forms of gambling in Australia Gambling Form ACT NSW NT QLD SA TAS VIC WA Betting exchange 6 Casino gaming Football pools Gaming machines (Hotels and Clubs only) (Casino only) Keno (Casino only) Lotteries Minor gaming Online/Interactive gaming 7 Racing/Wagering Sports betting 4 Source: Government Statistician, Queensland Treasury and Trade (2014) Australian Gambling Statistics (29 th Edition). 1 Government Statistician, Queensland Treasury and Trade (2014) Australian Gambling Statistics (29 th edition). 2 Ibid 3 Ibid 4 Ibid 5 Ibid 6 A Betting Exchange (Betfair) is currently licensed in Tasmania. The Tasmanian Gaming Commission reports only government revenue for this product, which is recorded under interactive gaming. 7 Under the Commonwealth Interactive Gambling Act 2001 it is an offence to offer interactive gaming services to Australian residents via an internet casino. The Act specifically excludes wagering in the form of racing and sports betting. 2

5 A Database on Australia s Gambling Industry 2013/14 Australasian Gaming Council GAMING IN AUSTRALIA Casino Gaming Thirteen casinos operated throughout Australia in the period many offering both gaming opportunities and a number of other amenities including: tourism and accommodation facilities; cultural and entertainment facilities including theatres and showrooms; recreational facilities such as games arcades, pools and gyms; business facilities such as conference and meeting venues; as well as multiple dining and retail outlets. The provision of gaming at Australian casinos is highly regulated. Comprehensive rules and fixed odds (approved by the relevant jurisdictional regulatory authorities) are in place. Bets at casinos are placed on various table games, electronic gaming machines (EGMs) and Keno systems. Just some of the table games available at casinos in Australia include Baccarat, Roulette, Blackjack, Sic Bo, Pai Gow, Poker and Big Wheel. Casinos may also offer outlets for TAB wagering and sports-betting the Sydney casino ( The Star ) also offers Keno. All casinos in Australia (except Casino Canberra in the Australian Capital Territory) offer Electronic Gaming Machines (EGMs) and most properties offer Multi-Terminal Gaming Machines (MTGMs) which may also be referred to or defined as Fully Automated Table Games (FATGs). Table 1-2 Number of casinos in Australia by state/territory ( ) Location Property Name Number of casinos Australian Capital Territory Canberra Casino Canberra 1 New South Wales Sydney The Star 1 Northern Territory Darwin SKYCITY Darwin Alice Springs Lasseters Casino 2 Queensland Brisbane Treasury Casino and Hotel Cairns Reef Casino Gold Coast Jupiters Gold Coast Townsville Jupiters Townsville 4 South Australia Adelaide Adelaide Casino 1 Tasmania Hobart Wrest Point Casino Launceston Country Club Casino 2 Victoria Melbourne Crown Melbourne 1 Western Australia Perth Crown Perth 1 Total 13 Source: Allen Consulting Group (2009), Casinos and the Australian Economy, Report to the Australasian Casino Association - with updates by the AGC. 3

6 Chapter 1 Australia s Gambling Environment Table 1-3 Estimated number of table games and EGMs at casinos in Australia ( ) Please note that figures in the following table are a snapshot only, current only for the period stated. Location Venue Tables 8 MTGMs/FATGs 9 EGMs Australian Capital Territory Casino Canberra 39 Nil New South Wales 10 The Star ,500 Northern Territory SKYCITY Darwin Lasseters ,088 Queensland 11 Jupiters Gold Coast ,486 Treasury Brisbane ,385 Jupiters Townsville Reef Casino Cairns ,722 South Australia Adelaide Casino Tasmania Wrest Point Country Club ,173 Victoria Crown Melbourne ,500 Western Australia Crown Perth , Total 1,541 13,078 Source: Productivity Commission (2010) Gambling, Report no. 50, Canberra with updates by the AGC. 8 Please note that this number may include MTGMs available at select properties listings are provided separately only where separate numbers are available. 9 Please note a total figure for MTGMs is not provided as these figures are only included where information is made available. It is also important to note that MTGM s/fatg s may be included in other total s provided. 10 Figures from Echo Entertainment Group, current at 30 June Figures from Queensland Office of Liquor and Gaming Regulation, current at 31 December On 1 January 2014, the concept of a gaming machine entitlement was extended to include the gaming machine operations of the Adelaide Casino. The casino licensee was granted 995 non-transferable gaming machine entitlements equivalent to the maximum number of gaming machines which could be operated at the Casino on 31 December The maximum number of gaming tables available for gaming at any one time at the casino is 400. In addition, up to 100 poker tables will also be allowed at any one time, enabling the casino to operate a maximum of 500 gaming and poker tables. 14 In December 2012 Crown Perth received approval for 500 additional gaming machines (to be phased in at 100 machines per year over five years) and 100 additional tables (to be phased in at 25 tables per year over four years), which will eventually take the total number of gaming machines to 2,500 and the total number of tables to 320 in 2018 and 2017 respectively. Figures cited are estimates at end

7 A Database on Australia s Gambling Industry 2013/14 Australasian Gaming Council Electronic Gaming Machines (Gaming Machines/EGMs/Poker Machines/Pokies) All states and territories in Australia have Electronic Gaming Machines (also known as gaming machines, EGMs, poker machines or pokies ) available at licensed venues (with the exception of Western Australia which allows EGMs only at the casino and the ACT where Casino Canberra is not licensed to provide EGMs). Gaming machines can be defined as a device designed for the playing of a game of chance that pays out money or tokens or registers a right to an amount of money to be paid. 15 Gamblers place bets on an EGM by selecting the lines to be played, the bet per line and then pushing a button that places machine reels in motion. Prizes are paid out according to the position of symbols displayed when the machine reels halt. All game results are determined by a Random Number Generator (RNG). The style of game and game characteristics may vary somewhat between jurisdictions but are determined by state/territory government legislation and regulations. Restrictions (including EGM caps) apply throughout Australian jurisdictions regarding the number of EGMs that may be made available whether on a state-wide, industry, regional and/or venue basis. Caps vary according to the jurisdiction. Many have been accompanied by forfeiture requirements upon redistribution and/or other arrangements. Table 1-4 State-wide EGM caps Location Clubs/Hotels Casino(s) Cap arrangements Australian Capital Territory 5,200 Nil Source: Productivity Commission (2010) Gambling, Report no. 50, Canberra - with updates by the AGC. The maximum number of EGMs allowed in the ACT (all licensed premises) is capped at 5,024. Amendments to the Gaming Machine Act 2004 commenced in September 2012 that provide a target for the maximum number of gaming machines in the Territory of 4, New South Wales 97,500 1,500 A state-wide cap of 99,000 machines in total with 1,500 EGMs permitted at The Star casino. Northern Territory 1,190 No cap A state-wide cap of 1,190 EGMs applies for clubs and hotels, no cap is applicable to casinos. Queensland 44,705 South Australia 12,086 Limited by ratio Limited by formula Tasmania 2,500 No cap Victoria 27,500 regional/municipal caps also apply 2,500 A state-wide cap of 20, EGMs for hotels (with an effective cap of 19,310) and 24, EGMs for clubs applies. Casinos are limited by ratio of 12 gaming machines per table game. Declines to a hotel/club cap of 12,086 EGMs are to be achieved through forfeiture requirements. The Adelaide Casino EGM cap is determined by a formula relating to the number of hotel and club machines with an effective cap of 995 EGMs. A state-wide cap of 3,680 for all gaming machines, with a cap of 2,500 applicable to clubs and hotels applies. 19 A cap of 27,500 in clubs and hotels, split between the two venue types. An additional 2,500 machines are permitted at Crown casino. Further regional and municipal caps also apply 20 Western Australia N/A 2,500 2,000 EGMs are permitted at the casino rising to 2,500 (100 per year) by Adapted from the Gaming Machines Act 2001 (NSW) 16 ACT Gambling and Racing Commission (2013) Annual Report 2012/ The effective state-wide cap for hotels is 19,310. On 8 May 2001 the Queensland Government introduced a state-wide cap on the total number of gaming machines in hotels. The scheme allows the re-allocation of gaming machine authorities that become available within the cap as a result of a hotel closing, a reduction in the number of approved gaming machines or the surrender or cancellation of the gaming machine licence. 18 The club gaming machine reallocation scheme commenced from 30 November 2009, capping club EGM numbers at 24, The Allen Consulting Group, Problem Gambling Research and Treatment Centre and the Social Research Centre (2011) Social and Economic Impact Study of Gambling in Tasmania, Volume 1: Gambling Industry Trends and Economic Impacts, Tasmanian Government Department of Treasury and Finance p16. The state-wide cap does not include gaming machines operated on vessels operated by the Trans-Tasman-Line (TT Line Ferries which operate 46 EGMs) % of Victorian gaming machines must be located in regional areas (outside Melbourne). From 2012 the maximum density of gaming machines in all municipal areas is capped at a maximum of 10 entitlements per 1,000 adults. There are exceptions for Melbourne CBD, Southbank and Docklands. 5

8 Chapter 1 Australia s Gambling Environment Table 1-5 EGM cap arrangements in club venues Location Year legalised Cap arrangements Australian Capital Territory 1976 No venue cap. New South Wales 1956 Clubs must abide by a Gaming Machine Threshold (GMT) applicable at each venue and application must be made to increase any threshold and/or increase the threshold beyond 450 EGMs. Multi terminal gaming machines are restricted to 15% of the EGM stock at any venue. Northern Territory machines per venue. Queensland machines per venue. 21 South Australia machines per venue. Tasmania machines per venue. Victoria machines per venue. Western Australia N/A Not applicable Source: Productivity Commission (2010) Gambling, Report no. 50, Canberra - with updates by the AGC. Table 1-6 EGM cap arrangements in hotel venues Location Year legalised Cap arrangements Australian Capital Territory 1988 Taverns in the ACT are allowed a maximum of 2 Class B (draw poker) gaming machines. Hotels with 12 or more units of accommodation are allowed a maximum of 10 Class B gaming machines, while hotels with less than 12 units of accommodation are allowed a maximum of 2 Class B gaming machines. 22 New South Wales machines per venue. Northern Territory machines per venue. Queensland machines per venue. South Australia machines per venue 23 Tasmania machines per venue. Victoria machines per venue. Western Australia N/A Not applicable Source: Productivity Commission (2010) Gambling, Report no. 50, Canberra - with updates by the AGC. 21 From 14 March 2014, clubs can apply for up to 300 gaming machines at a single premise, an increase of 20 gaming machines. 22 ACT Gambling and Racing Commission (2007), Gaming Machine Act 2004 Review of the Maximum Numbers of Gaming Machine Allowed in the ACT. 23 As of February 2005 profit organisations (i.e. hotels) have been allocated a reduction in gaming machine entitlements. Venues licensed for 28 or more machines receive eight less than the approved number; venues approved for between 21 and 27 machines receive 20 entitlements and venues licensed for less than 20 machines received entitlements equivalent to their approved number. An entitlement trading system is in place, allowing venues to trade up to their original licensed capacity, if the entitlements are available. 6

9 A Database on Australia s Gambling Industry 2013/14 Australasian Gaming Council Table 1-7 Estimated number of venues with EGMs in Australia by state/territory ( ) Please note that figures in the following table are a snapshot only, current for the period stated. Location Hotels Clubs Casino(s) Total Australian Capital Territory New South Wales 1,576 1, ,746 Northern Territory Queensland ,249 South Australia Tasmania Victoria Western Australia N/A N/A 1 1 Total 3,189 2, , Source: ACT Gambling and Racing Commission, Northern Territory Licensing Commission, NSW Office of Liquor, Gaming and Racing, Queensland Government Office of Liquor Gaming and Racing, Government of South Australia Consumer and Business Services, Tasmanian Department of Treasury and Finance, Victorian Commission for Gambling and Liquor Regulation. Table 1-8 Estimated number of EGMs in Australia by venue type ( ) Please note that figures in the following table are a snapshot only, current for the period stated. Location Hotels Clubs Casino(s) Other Total Australian Capital Territory 68 4,906 N/A 4, New South Wales 23,337 70,481 1,500 95, Northern Territory ,088 2,269 Queensland 19, , ,722 46, South Australia 32 10,144 1, , , Tasmania 2, , , Victoria 13,428 12,844 2,500 28, Western Australia N/A N/A 2,100 2,100 Total 68, ,295 13,078 1, ,495 Source: ACT Gambling and Racing Commission, Northern Territory Licensing Commission, NSW Office of Liquor, Gaming and Racing, Queensland Government Office of Liquor Gaming and Racing, Government of South Australia Consumer and Business Services, Tasmanian Department of Treasury and Finance, Victorian Commission for Gambling and Liquor Regulation. 24 Please note that this figure refers to live gaming machine licences as expressed in Government of South Australia, Consumer and Business Services, Gaming Machine Licence Statistics Quarter The total has been expanded to include 39 Special Circumstances licences not counted in previous columns. 25 The total venues for Tasmania includes 2 Trans-Tasman Line Ferries equipped with EGMs. 26 Total includes 2 Trans-Tasman line ferries equipped with EGMs (Tas) and 39 Special Circumstances Licences (SA). 27 Total at 30 June Total at 31 December Please note this total refers to operational EGMs rather than approved EGMs as at 31 December Please note this total refers to operational EGMs rather than approved EGMs as at.31 December Total at 30 June Total at 30 June Government of South Australia, Consumer and Business Services, Gaming Machine Licence Statistics Quarter On 1 January 2014 the concept of a gaming machine entitlement was extended to include the gaming machine operations of the Adelaide Casino. The casino licensee was granted 995 non-transferable gaming machine entitlements equivalent to the maximum number of gaming machines which could be operated at the casino on 31 December This figure refers to live EGMs designated as Special Circumstances. In South Australia certain licensed premises may hold a Special Circumstances Licence and are authorised to operate gaming machines under the Gaming Machines Act The Special Circumstances licence is a diverse type of licence covering a wide variety of premises from hotel and tavern style venues to billiard/pool/snooker halls, limousines, buses, boats/vessels, caterers and function rooms. See 35 Please note this figure has been expanded to include the 1,191 EGMs denoted as Special Circumstances. 36 This figure refers to the 46 EGMs available on Tasmania s Trans-Tasman Line Ferries. 37 Please note this total has been expanded to include the 46 EGMs available on Tasmania s Trans-Tasman Line Ferries. 38 Total at 31 December

10 Chapter 1 Australia s Gambling Environment Figure 1-1 Estimated Australian EGM distribution by venue type and state/territory ( ) EGM distribution by venue type EGM distribution by state/territory Source: ACT Gambling and Racing Commission, Northern Territory Licensing Commission, NSW Office of Liquor, Gaming and Racing, Queensland Government Office of Liquor Gaming and Racing, Government of South Australia Consumer and Business Services, Tasmanian Department of Treasury and Finance, Victorian Commission for Gambling and Liquor Regulation. Figure 1-2 Estimated EGMs per 1,000 adults (18+) in Australia by state/territory ( ) Source: ABS Australian Demographic Statistics, June Quarter 2013 and data collated by the AGC. 8

11 A Database on Australia s Gambling Industry 2013/14 Australasian Gaming Council Figure 1-3 Estimated Hotel and Club EGMs per 1,000 adults (18+) in Australia by state/territory ( ) Source: ABS Australian Demographic Statistics, June Quarter 2013 and data collated by the AGC. Figure 1-4 Estimated EGMs (Hotel and Club Only) per 1,000 adults (18+) compared with estimated EGMs (All Venues) per 1,000 adults (18+) in Australia by state/territory ( ) Source: ABS Australian Demographic Statistics, June Quarter 2013 and data collated by the AGC. 9

12 Chapter 1 Australia s Gambling Environment Keno A computerised Keno system operates in clubs and/or hotels in New South Wales, Queensland, South Australia, Victoria, Tasmania and the Australian Capital Territory. In , Keno became available at the NSW casino (now known as The Star ). Keno is a game where a player wagers that their chosen numbers match any of the 20 numbers randomly selected, via a computer system or a ball draw device, from a group of 80 numbers. In most states, Keno is linked to all venues within a particular jurisdiction, enabling the operator to offer large jackpot prizes. Keno has a fixed pay scale. The pay-out for each wager is established by rules and is independent of the total wagers made on the game. 39 Lotteries, Lotto and Instant Lotteries Lotteries are conducted in Australia by both government and commercial operators although over recent years there has been a trend towards the privatisation of previously state run lottery operations (such as those in Queensland, New South Wales and South Australia). There are three components to a lottery; the purchase of a ticket, the draw and the prize. A person whose ticket is selected in a lottery wins a prize based on the total amounts wagered after deduction of a set percentage by the operator to cover costs. Lottery operators may also conduct lotto, pools and instant lottery. 40 Lotto players select any six numbers from 1-45 in anticipation that their chosen numbers will be among eight subsequently drawn at random. Players win when their selected numbers match those randomly drawn in a set combination. There are a variety of lotto games available in Australia, some common product titles including Tattslotto, Gold Lotto, Lotto, X-Lotto or Powerball (depending on the jurisdiction). Instant lotteries are also known as scratch tickets or scratchies. Prizes in the instant lottery are paid on a set return to player based on the number of tickets in a set, the cost to purchase a ticket and a set percentage retained by the operator to cover costs. Lottery, lotto and instant lottery tickets are commonly sold through newsagents and convenience outlets. More recently, lottery products have also been made available online and via mobile applications. Although lottery licensing regimes are state-based, Australia has a number of lottery games that may also be operated as a bloc - where games are conducted nationally, pooling entries and winnings. Lottery providers in Australia Tatts Group Pty Ltd Tatts Group Pty Ltd is the largest lottery operator in Australia with licences in Queensland (to 2072) 41, New South Wales (to 2050) 42, Victoria (to 2018), Tasmania (to 2015) the Northern Territory (to 2032) and in the ACT. 43 From December 2012 Tatts has also secured exclusive management rights for a 40 year period for SA Lotteries (which was previously operated by the South Australian state government) Government Statistician, Queensland Treasury and Trade (2014) Australian Gambling Statistics (29 th edition) 40 Government Statistician, Queensland Treasury and Trade (2014) Australian Gambling Statistics (29 th edition) 41 The Tatts Group has managed the Golden Casket Lottery Corporation from 2007 in Queensland. 42 Ownership of NSW Lotteries was transferred to the Tatts Group on 1 April Tatts Group Ltd (2013) Annual Report 2012/13 44 SA Lotteries (2013) Annual Report 2012/13 10

13 A Database on Australia s Gambling Industry 2013/14 Australasian Gaming Council Intralot Australia Intralot Australia holds a Public Lottery Licence to operate a variety of lottery games and instant tickets in Victoria, and in Tasmania via the authorisation of a Foreign Games Permit. Intralot Australia is a wholly owned subsidiary of Intralot S.A. Integrated Lottery Systems and Services, an international company operating in over 50 countries across five continents. 45 Lotterywest The lottery in Western Australia, operated by the state government through Lotterywest, is currently the only remaining government operated lottery structure in Australia. Table 1-9 Lottery and instant lottery outlet providers in Australia by state/territory ( ) Location Licensee Australian Capital Territory New South Wales Northern Territory Queensland South Australia Tasmania 46 Victoria 47 Western Australia Tatts Tatts (NSW Lotteries) Tatts Tatts (Golden Casket) Tatts (SA Lotteries) Tatts Intralot Tatts Intralot Lotterywest Online/Interactive Gaming/Gambling Interactive gambling (also commonly termed Internet or on-line gambling) can be defined as gambling on activities conducted via the Internet and is governed in Australia by the Interactive Gambling Act 2001 which is Commonwealth, rather than state/territory, legislation. Interactive gambling is a broad term and can include various forms of remote gambling generally conducted via digital means (such as digital television or mobile gambling platforms). The Interactive Gambling Act 2001 (Cth) prohibits the offer of interactive gambling services to Australians however it contains an exception for wagering in the form of racing, sports-betting and lotteries. A number of lottery providers, licensed wagering providers and bookmakers now offer access to their products via the internet. The provision of internet casino gaming (such as poker, blackjack and roulette) and online EGM gaming to Australians remains strictly prohibited. The Australian Federal Government Department of Broadband, Communications and the Digital Economy (now the Department of Communications) undertook a review of the Interactive Gambling Act 2001 in For further information a report is available from the Department of Communications at: teractive_gambling_act_ Intralot Australia website 46 Please note that there is a split of scratch tickets and lottery ticket sales between Intralot and Tatts. Retailers are able to offer both Intralot and Tatts products. 47 Ibid 11

14 Chapter 1 Australia s Gambling Environment Pools (Football Pools) The Pools is a numbers game of chance where the winning numbers are based on the results of the United Kingdom or Australian soccer matches. Each week 38 soccer matches are selected to form a match list. Each match is assigned a number from 1 to 38. The results of the matches are then collected and ranked, with scored draws ranked highest and home score wins ranked lowest. The six highest ranked match numbers are then used as the official results numbers for the Pools draw. There is also a supplementary number selected which is the seventh highest ranked match result. To play the Pools, players select six numbers from the 38. If the selected numbers are the same as the official results numbers, the player wins one of the five prize divisions. The Pools is administered by SA Lotteries on behalf of the Australian Soccer Pools Bloc which was formed in 1989 by lottery jurisdictions in Australia Government Statistician, Queensland Treasury and Trade (2014) Australian Gambling Statistics (29 th edition) 12

15 A Database on Australia s Gambling Industry 2013/14 Australasian Gaming Council Racing and Wagering in Australia Racing Legal betting occurs in Australia on horse and greyhound races with bookmakers and totalisators, both at race courses and off-course. 49 Australian thoroughbred racing is second in size only to the United States with 389 race clubs, 367 race tracks and 19, 626 races in the year. 50 Thoroughbred Racing Table 1-10 Number of thoroughbred race clubs, tracks, meetings and races in Australia ( ) Location Clubs Racetracks Meetings Races Australian Capital Territory New South Wales ,420 Northern Territory Queensland ,801 South Australia ,471 Tasmania Victoria ,428 Western Australia ,263 Total ,742 19,626 Source: Australian Racing Board (2013), 2012/13 Australian Racing Fact Book. Figure 1-5 Thoroughbred prize money ($ millions) in Australia by state/territory ( to ) Source: Australian Racing Board (2007, 2008, 2009, 2010, 2011, 2012 and ), Australian Racing Fact Book. 49 Government Statistician, Queensland Treasury and Trade (2014) Australian Gambling Statistics (29 th edition). 50 Australian Racing Board (2013) 2012/13 Australian Racing Fact Book. 13

16 Chapter 1 Australia s Gambling Environment Harness Racing Table 1-11 Harness racing tracks, meetings and races in Australia ( ) 51 Location Racetracks Meetings Races New South Wales ,201 Queensland ,405 South Australia ,367 Tasmania Victoria ,820 Western Australia ,351 Total 95 1,843 14,909 Source: Harness Racing Australia National On-Line Statistics Figure 1-6 Harness racing total stakemoney in Australia by state/territory ( to ) 52 Source: Harness Racing Australia National On-Line Statistics Please note that during the 2006/2007 and 2007/2007 periods harness racing was at times either restricted or suspended owing to an equine Influenza outbreak. 14

17 A Database on Australia s Gambling Industry 2013/14 Australasian Gaming Council Greyhound Racing Table 1-12 Number of greyhound race clubs, meetings and races in Australia by state/territory (2011) 53 Location Clubs Meetings Races Australian Capital Territory New South Wales 35 1,380 14,209 Northern Territory Queensland ,567 South Australia ,284 Tasmania ,547 Victoria ,607 Western Australia ,489 Total 71 3,659 38,380 Source: Greyhounds Australasia, Australasian Statistics Figure 1-7 Greyhound racing stakemoney paid in Australia by state/territory Source: Greyhounds Australasia, Australasian Statistics

18 Chapter 1 Australia s Gambling Environment Wagering Betting Exchanges Betting exchanges offer a market place for gamblers to trade wagers and bet against each other rather than against a bookmaker. The betting exchange then matches participant wagers and earns revenue by charging a commission on net winning positions on a particular market. Betfair is the only licensed betting exchange in Australia (licensed in Tasmania) and operates nationally. Betfair extracts a commission (between 2.6% and 6.5% of profit on Australian and New Zealand Racing and between 2% and 5% on other markets). 54 Bookmakers On-course bookmakers Wagering with bookmakers at a racetrack on horse and greyhound racing allows a player to wager any amount above a set minimum and receive the odds at the time of making the wager. Those odds stand, irrespective of whether the bookmaker alters the odds at a later time. These alterations to odds are calculated to reflect weight of betting on different race competitors. Bookmakers are licensed in each jurisdiction. 55 Off-course bookmakers Similarly to on-course wagering, wagering via off-course bookmakers allows a player to wager any amount above a set minimum and receive the odds at the time of making the wager. Those odds stand, irrespective of whether the bookmaker alters the odds at a later time. Bookmakers are licensed in each jurisdiction. 56 Table 1-13 Number of bookmakers in Australia ( to ) Location Australian Capital Territory New South Wales Northern Territory Queensland South Australia Tasmania N/A N/A Victoria Western Australia N/A N/A N/A Total Source: Australian Racing Board (2007, 2008, 2009, 2010, 2011, 2012 & 2013) Australian Racing Fact Book Government Statistician, Queensland Treasury and Trade (2014) Australian Gambling Statistics (29 th edition). 56 Government Statistician, Queensland Treasury and Trade (2014) Australian Gambling Statistics (29 th edition). 16

19 A Database on Australia s Gambling Industry 2013/14 Australasian Gaming Council Figure 1-8 Number of bookmakers in Australia by state/territory ( ) Source: Australian Racing Board (2013) Australian Racing Fact Book 2012/13. Sports betting Sports betting refers to wagering on all types of local, national or international sporting activities (other than the established forms of horse and greyhound racing), whether on or off-course, in person, by telephone or via the internet. Bets may be laid on a variety of sporting events domestically and/or overseas. 57 Online sports-betting is an area of significant growth in the Australian gambling environment which has experienced an ongoing shift of wagering spend from traditional offline betting channels (i.e. retail or TAB outlets, on-course bookmakers and with bookmakers over the phone) to online channels (internet, mobile, tablet). 58 A number of online sports betting providers in Australia are based in the Northern Territory. In December 1992, the Northern Territory approved Australia s first sports bookmaker, Centrebet in Alice Springs. Centrebet commenced the provision of internet wagering in August Today the Northern Territory hosts sports bookmakers in Darwin and Alice Springs with corporate bookmakers allowed to trade 24/7. Table 1-14 NT licensed bookmakers (operating 24/7) and/or internet 59 Bet365 Betchoice / Unibet Betezy Betstar Centrebet Luxbet NT TAB Sportsbetting.com.au Sportsbet Sportingbet Tom Waterhouse NT Pty Ltd Weather Lottery Source: Northern Territory Government, Department of Business Government Statistician, Queensland Treasury and Trade (2014) Australian Gambling Statistics (29 th edition) 58 Australian Wagering Council (AWC)

20 Chapter 1 Australia s Gambling Environment Totalisator Agency Board (TAB/Tote) The term TAB or Tote commonly refers to the wagering totalisators that are licensed in each Australian state/territory. TAB s were first established in Australia between 1961 and 1985 and now offer a range of wagering products including fixed odds betting on races and sports as well as parimutuel wagering. 60 Pari-mutuel wagering is where a player makes a unit wager (a unit being any multiple of 50 cents or one dollar, depending on the jurisdiction) with monies then being placed into a pool for each bet type on each race. The prices change as the amount of money on each runner is invested. The more money on a runner, the shorter the price, or odds, it will be. After the deduction of tax and operating costs the remainder of pool is shared by those customers who have selected winners, place getters or correct combinations in the case of multiple-bet types (such as Trifectas and Quinellas). Dividends (winnings) are paid to players in multiples of the unit wagered. Fixed Odds wagering means that the price of the runner when the bet is placed is the price the consumer receives, regardless of whether that price should later change or not. Wagering is conducted Australia-wide at TAB retail outlets which may be stand alone or located within a club, hotel, casino or on-course. More recently TAB customers can also bet on account using internet and telephone services including self-service terminals and applications created for mobile devices. The two major wagering operators in Australia are Tabcorp (which has a monopoly licence to operate the totalisators in NSW and Victoria) and the Tatts Group (through ownership of UNiTAB which operates the Queensland, South Australian, NT and Tasmanian TABs). In Western Australia and the ACT the TAB s are currently operated by government-owned organisations. 61 There are three TAB pools, the Victorian TAB pool (known as the SuperTAB, to which Tasmania, the Australian Capital Territory and Western Australia are parties), the New South Wales Pool and the Queensland Pool (to which South Australia and the Northern Territory are parties). Each jurisdiction retains deductions from wagers made in that particular jurisdiction. Table 1-15 Estimated number of TAB retail outlets in Australia by state/territory ( ) Location Australian Capital Territory New South Wales 2, Northern Territory Queensland South Australia Tasmania Victoria Western Australia Total 4,592 Sources: ACTTAB (2013) Annual Report 2012/13, RWWA (2013) Annual Report 2012/13, Tabcorp Holdings Ltd 2013, Tatts Group Ltd Total 60 Government Statistician, Queensland Treasury and Trade (2014) Australian Gambling Statistics (29 th edition). 61 In July 2013 a Future Options Feasibility Study of ACTTAB recommended that the government not retain ownership and that ACTTAB be sold by way of a trade sale. ( data/assets/pdf_file/0005/497552/acttab-report.pdf). 62 Please note these figures include 3 ACTTAB outlets that offer Sportsbet & Keno only and one venue that offers Keno only. 63 Attenborough, D. (2013) Taking Australian Racing to the World, Tabcorp. Statistics current at 31 December Please note these figures do not include on-course facilities. 64 Sourced from 65 Sourced from 66 Sourced from 67 Sourced from 68 Attenborough, D. (2013) Taking Australian Racing to the World, Tabcorp. Statistics current at 31 December Please note these figures do not include on-course facilities. 69 Racing and Wagering Western Australia (RWWA) Annual Report In RWWA's TAB retail network offers 90 full time TAB agencies, 119 PubTAB agencies and 110 Self Service PubTAB Agencies. 18

21 A Database on Australia s Gambling Industry 2013/14 Australasian Gaming Council LICENCE AND EXCLUSIVITY ARRANGEMENTS Casinos Table 1-16 Casino licence/exclusivity arrangements in Australia by state/territory Location Casino Duration Australian Capital Territory New South Wales 70 Northern Territory Casino Canberra The Star SKYCITY Darwin A 99-year lease on licence with exclusivity until The casino licence was originally awarded in 1994 to Sydney Harbour Casino Pty Ltd. The 99-year licence included a 12 year exclusivity right to operate the only casino in New South Wales from the time the temporary casino opened. In late 2007 the exclusivity arrangement was extended for another 12 years until 2019 The licence term was set in 2006 for a 20 year period until 2026 subject to extension for a further 5 year. Exclusivity is until Lasseters Casino Southern NT division exclusivity until 2018 Queensland 72 South Australia Treasury Casino Brisbane Jupiters Casino Townsville Reef Casino Cairns Jupiters Casino Gold Coast Adelaide Casino 75-year licence awarded in The casino has a 10 year regional casino gaming exclusivity agreement (within a 60 kilometre radius) which expired in Exclusivity within a 400 km radius granted in 1986 for 15 years (with the exception of Cairns which was only excluded for five years) licence provided for a ten-year exclusivity period for casino gaming within a 120 kilometre radius. 73 Licence awarded in perpetuity. The casino had a 10 year regional casino gaming exclusivity agreement which expired in Exclusivity until 2035 (extended from 2015 in 2013) The current licence term is until 2085 unless terminated earlier. 74 Tasmania Country Club Casino Wrest Point Casino The Deed of Agreement between the Crown and Federal Hotels Pty Ltd provides exclusive rights for the Federal Group to operate table gaming, gaming machines and keno throughout the state until 30 June Victoria Western Australia Crown Melbourne Crown Perth The casino licence commenced in Exclusivity rights have been negotiated by variance to the original agreement until The State must not grant another licence to a casino and hotel of similar size and standard as Crown Perth within a 100km radius of Crown Perth. Source: Productivity Commission (2010) Gambling, Canberra - with updates by the AGC. 70 In November 2013 the NSW Government announced that another casino will operate from 2019 (after the exclusivity period for The Star has expired). The second casino will operate at Barangaroo from November 2019 but will provide VIP table games only at a proposed $1.3 billion hotel complex run by Crown Resorts Ltd. 71 SKYCITY Entertainment Group Ltd (2013) Full Year Results Presentation. 72 In October 2013 the Queensland Government announced the potential release of another three casino licences in the state, provided they formed part of an integrated hotel and resort development. 73 Cairns Casino Agreement Act 1993 (QLD) 74 SKYCITY Entertainment Group (2011) Annual Report and SKYCITY Entertainment Group Ltd (2013) Full Year Results Presentation. 19

22 Chapter 1 Australia s Gambling Environment Keno Table 1-17 Keno licence/exclusivity arrangements in Australia by state/territory Location Licensee Duration Australian Capital Territory ACTTAB and Casino Canberra No exclusivity New South Wales Tabcorp Holdings Ltd Licence renewed in 2007 until Northern Territory Queensland South Australia Tasmania Victoria SKYCITY and Lasseter s Tabcorp Holdings Ltd SA Lotteries (operated by Tatts Ltd) Federal Group Tabcorp Holdings Ltd (North SKYCITY) until 2015 (South Lasseter s) until 2018 Licence until 2047 (extended from 2022 in 2013). From December 2012 Tatts has exclusive management rights to SA lotteries for a 40 year period. The Deed of Agreement between the Crown and Federal Hotels Pty Ltd provides exclusive rights for the Federal Group to operate table gaming, gaming machines and Keno throughout the state until 30 June Licence and exclusivity for 10 years commencing in April Western Australia Crown Perth Operates in casino only. 76 Source: NT Licensing Commission (2011) Annual Report 2010/11,Tabcorp Holdings Ltd (2013) Annual Report 2012/13, Tasmanian Department of Treasury and Finance (2012), Tatts Group Ltd (2013) Annual Report 2012/13 with updates by the AGC. Lotteries Table 1-18 Lottery licence/exclusivity arrangements in Australia by state/territory Location Licensee Duration Australian Capital Territory New South Wales Tatts Tatts No exclusivity. No fixed term on licence expiry. 40 year licence/exclusivity until Northern Territory Tatts No exclusivity. No fixed term. Queensland South Australia Tasmania Victoria Western Australia Golden Casket Lottery Corporation (operated by Tatts) SA Lotteries (operated by Tatts) Tatts Tatts LotteryWest Exclusivity until Licensed until From December 2012 Tatts has exclusive management rights to SA lotteries for a 40 year period. Tatts is licenced until 2015 in Tasmania. In 2008 ten year licences were awarded to both Intralot (scratchies) and Tatts (lottery products) until No fixed term government owned/operated Source: Tatts Group Ltd (2013) Annual Report 2012/13 with updates by the AGC

23 A Database on Australia s Gambling Industry 2013/14 Australasian Gaming Council Wagering Table 1-19 TAB licence/exclusivity arrangements in Australia by state/territory Location Licensee Duration Australian Capital Territory ACTTAB Sports (no exclusivity), racing (perpetual) New South Wales Tabcorp Holdings Ltd Licensed until 2097, exclusivity extended by agreement in 2013 to Northern Territory TattsBet 77 Licensed for wagering and sports betting until Wagering licence to 2098, exclusivity until 30 June, Queensland TattsBet 2014 South Australia Tasmania Victoria TattsBet TOTE Tasmania (Tatts) 78 Tabcorp Holdings Ltd Licensed for wagering and sports-betting until 2100 with exclusivity until 6 December Licensed for 50 years, with an additional 49 years (to 2111). Exclusivity until 26 March Licence/exclusivity until 2024 commencing August (At the discretion of the responsible minister, the licence may be extended for a further two years). Western Australia WA TAB Perpetual exclusivity Source: Tabcorp Holdings Ltd (2013) Annual Report 2012/13, Tatts Group Ltd (2013) Annual Report2012/13 - with updates by the AGC. 77 On October UNiTAB Limited became part of Tattersall s Limited as a result of a merger of both companies

A GUIDE TO AUSTRALASIA S GAMBLING INDUSTRIES CHAPTER ONE. Facts, Figures and Statistics. Australia s Gambling Environment

A GUIDE TO AUSTRALASIA S GAMBLING INDUSTRIES CHAPTER ONE. Facts, Figures and Statistics. Australia s Gambling Environment A GUIDE TO AUSTRALASIA S GAMBLING INDUSTRIES Facts, Figures and Statistics CHAPTER ONE Australia s Gambling Environment 2014/2015 A Guide to Australasia s Gambling Industries Published and Prepared by

More information

Australian Gambling Statistics. 1984 85 to 2009 10 28th edition

Australian Gambling Statistics. 1984 85 to 2009 10 28th edition Australian Gambling Statistics 1984 85 to 2009 10 28th edition Australian Gambling Statistics 28th edition Released December 2012 Prepared by the Government Statistician, Queensland Treasury and Trade.

More information

Chapter 5 2013/14. Heading

Chapter 5 2013/14. Heading Chapter 5 2013/14 Heading A Database On Australia s Gambling Industry Published and Prepared by the Australasian Gaming Council (AGC). DISCLAIMER Whilst a great deal of care has been taken in the preparation

More information

DEFINITION - Gambling

DEFINITION - Gambling Gaming in Australia DEFINITION - Gambling To stake or risk money, or anything of value, on the outcome of something involving chance Macquarie Dictionary DEFINITION - Gaming Legal forms of gambling, other

More information

2 An overview of Australia s gambling industries

2 An overview of Australia s gambling industries 2 An overview of Australia s gambling industries Box 2.1 Key messages Gambling is big business over 7000 businesses provide gambling services throughout Australia. The industries are estimated to have

More information

Gambling Policy. ACOSS Conference 2011

Gambling Policy. ACOSS Conference 2011 Gambling Policy ACOSS Conference 2011 The Current Debates And why they matter ACOSS interest in Gambling First ACOSS conference to Consider Gambling Community concern in Gambling policy mainly carried

More information

Review of the Electronic Gaming Machine, Club Keno and Wagering Licences and Funding Arrangements for the Racing Industry Post-2012

Review of the Electronic Gaming Machine, Club Keno and Wagering Licences and Funding Arrangements for the Racing Industry Post-2012 Review of the Electronic Gaming Machine, Club Keno and Wagering Licences and Funding Arrangements for the Racing Industry Post-2012 Funding Arrangements for the Racing Industry Post-2012 Issues Paper Gambling

More information

Submission by. Tatts Lotteries. to the. Productivity Commission s Inquiry into Australia s Gambling Industries. March 2009

Submission by. Tatts Lotteries. to the. Productivity Commission s Inquiry into Australia s Gambling Industries. March 2009 Submission by Tatts Lotteries to the Productivity Commission s Inquiry into Australia s Gambling Industries March 2009 Tatts Lotteries is a business unit of Tatts Group Limited and this submission is related

More information

AUSTRALIAN GAMBLING COMPARATIVE HISTORY AND ANALYSIS. October 1999

AUSTRALIAN GAMBLING COMPARATIVE HISTORY AND ANALYSIS. October 1999 AUSTRALIAN GAMBLING COMPARATIVE HISTORY AND ANALYSIS Project Report October 1999 - Prepared for - Victorian Casino and Gaming Authority Level 5/35 Spring Street Melbourne Victoria 3000 - Prepared by -

More information

Online Gambling. The main forms of online gambling are online wagering and online gaming.

Online Gambling. The main forms of online gambling are online wagering and online gaming. Online Gambling The main forms of online gambling are online wagering and online gaming. Online wagering is comprised of betting on racing (thoroughbred, harness and dog), sports betting (such as the outcome

More information

A National Snapshot of Harm Minimisation Strategies

A National Snapshot of Harm Minimisation Strategies A National Snapshot of Introduction State and Territory Governments have the primary responsibility for the regulation of gambling in Australia. In the past decade State and Territory Governments have

More information

gaming & leisure Alert industry Update: April 2014

gaming & leisure Alert industry Update: April 2014 gaming & leisure Alert industry Update: April 2014 NSW Sports Betting Bill On 10 June 2011, a National Policy on Match-Fixing in Sport was endorsed by all Australian sports ministers in an effort to combat

More information

SUBMISSION TO AUSTRALIAN TAXATION REVIEW COMMITTEE. Better Tax - Wagering Reform Proposal. Nationals Senator, Bridget McKenzie

SUBMISSION TO AUSTRALIAN TAXATION REVIEW COMMITTEE. Better Tax - Wagering Reform Proposal. Nationals Senator, Bridget McKenzie SUBMISSION TO AUSTRALIAN TAXATION REVIEW COMMITTEE Better Tax - Wagering Reform Proposal Nationals Senator, Bridget McKenzie 1. GENERAL SUBMISSION The Better Tax Discussion Paper invites submissions on

More information

TABCORP HALF YEAR RESULTS PRESENTATION

TABCORP HALF YEAR RESULTS PRESENTATION Tabcorp Holdings Limited ACN 063 780 709 5 Bowen Crescent Melbourne Australia 3004 GPO Box 1943 Melbourne Australia 3001 Telephone 61 3 9868 2100 Facsimile 61 3 9868 2300 Website www.tabcorp.com.au 4 February

More information

Tabcorp to pursue demerger to create two leading gaming companies

Tabcorp to pursue demerger to create two leading gaming companies NOT FOR DISTRIBUTION OR RELEASE IN THE UNITED STATES OR TO US PERSONS 18 October 2010 Tabcorp to pursue demerger to create two leading gaming companies Summary Tabcorp will pursue a demerger of its Casinos

More information

Internet Gambling Regulation. Richard Brading Principal Solicitor Wesley Community Legal Service

Internet Gambling Regulation. Richard Brading Principal Solicitor Wesley Community Legal Service Internet Gambling Regulation Richard Brading Principal Solicitor Wesley Community Legal Service Mediums for interactive gambling Internet gambling on a computer Phone gambling voice or interactive phone

More information

TABCORP HOLDINGS LIMITED ABN 66 063 780 709 ( The Company ) AMERICAN CHAMBER OF COMMERCE BUSINESS BRIEFING 29 AUGUST 2013

TABCORP HOLDINGS LIMITED ABN 66 063 780 709 ( The Company ) AMERICAN CHAMBER OF COMMERCE BUSINESS BRIEFING 29 AUGUST 2013 TABCORP HOLDINGS LIMITED ABN 66 063 780 709 ( The Company ) AMERICAN CHAMBER OF COMMERCE BUSINESS BRIEFING 29 AUGUST 2013 DAVID ATTENBOROUGH, MANAGING DIRECTOR AND CEO ADDRESS A new ball game: Tabcorp

More information

Pokies, Punters and Policy: What is to be done to tackle problem gambling?

Pokies, Punters and Policy: What is to be done to tackle problem gambling? Pokies, Punters and Policy: What is to be done to tackle problem gambling? An Australian Overview The Asia Pacific Conference on Gambling and Commercial Gaming Research November 5-8, 2012 Macao What is

More information

Northern Territory Code of Practice for Responsible Gambling

Northern Territory Code of Practice for Responsible Gambling Northern Territory Code of Practice for Responsible Gambling Table of contents Statement... 1 Objective... 1 What is responsible gambling?... 1 What is problem gambling?... 1 Expected outcomes... 1 The

More information

ACTTAB Future Options Feasibility Study

ACTTAB Future Options Feasibility Study pwc.com.au ACTTAB Future Options Feasibility Study July 2013 ACTTAB Future Option Feasibility Study Disclaimer This Report has been prepared by PricewaterhouseCoopers Securities Ltd (PwC) at the request

More information

NAPCS Product List for NAICS 7132: Gambling Industries

NAPCS Product List for NAICS 7132: Gambling Industries NAPCS List for NAICS 7132: Gambling Industries 7132 1 Gambling services Providing games of chance and making/taking wagers on such games, including the outcome of sporting events or on other future events

More information

Responsible Gambling and Casinos

Responsible Gambling and Casinos Responsible Gambling and Casinos Report commissioned by: Gambling Research Australia Report prepared by: South Australian Centre for Economic Studies University of Adelaide ORC International Pty Ltd Final

More information

Producing a TVC promoting Gambling and Gaming - applicable to interactive gambling, wagering, casinos and gaming machines

Producing a TVC promoting Gambling and Gaming - applicable to interactive gambling, wagering, casinos and gaming machines INFORMATION SHEET Producing a TVC promoting Gambling and Gaming - applicable to interactive gambling, wagering, casinos and gaming machines Commercials promoting gambling and gaming must comply with the

More information

Northern Territory. Code of Practice For Responsible Gambling

Northern Territory. Code of Practice For Responsible Gambling Northern Territory Code of Practice For Responsible Gambling 2 Statement This Code of Practice reflects a partnership between Northern Territory gambling providers, Government, regulators and counseling

More information

INFO ABOUT THE ODDS BETTING ON LOTTO, LOTTERIES OR KENO?

INFO ABOUT THE ODDS BETTING ON LOTTO, LOTTERIES OR KENO? INFO ABOUT THE ODDS BETTING ON LOTTO, LOTTERIES OR KENO? YOU MAY HEAR OF PEOPLE HAVING A WIN WITH LOTTO AND POWERBALL, GETTING LUCKY IN THE LOTTERY, OR HAVING WINNING NUMBERS COME UP IN THE POOLS OR KENO.

More information

Tabcorp Holdings Limited 2011/12

Tabcorp Holdings Limited 2011/12 Tabcorp Holdings Limited ABN 66 063 780 709 2011/12 Full Year Results Presentation 9 August 2012 A successful year Strong EBIT growth in challenging market conditions Key FY12 outcomes Completed demerger

More information

Code of Practice. September 2012 Version 4. Queensland Responsible Gambling. Office of Liquor and Gaming Regulation www.olgr.qld.gov.

Code of Practice. September 2012 Version 4. Queensland Responsible Gambling. Office of Liquor and Gaming Regulation www.olgr.qld.gov. Queensland Responsible Gambling Introduction... 2 Rationale...2 What is responsible gambling?...2 What is problem gambling?...2 Guiding principle...2 Outcomes...2 Accountability and review...3 Cultural

More information

Code of Practice. Queensland responsible gambling Code of Practice. Section I V4.1 2015

Code of Practice. Queensland responsible gambling Code of Practice. Section I V4.1 2015 Department of Justice and Attorney-General Queensland responsible gambling Code of Practice Section I V4.1 2015 Code of Practice Produced by the Department of Justice and Attorney-General www.business.qld.gov.au/liquor-gaming

More information

Directors report. 1. Directors

Directors report. 1. Directors Directors report The Directors of the Company submit their report for the consolidated entity comprising the Company and its controlled entities (collectively referred to as the Tabcorp Group) in respect

More information

Call for a national approach to the regulation of. the Australian wagering industry

Call for a national approach to the regulation of. the Australian wagering industry Call for a national approach to the regulation of the Australian wagering industry Submission to the Productivity Commission s Inquiry into Gambling April 2009 Index Index 2 Executive Summary 3 Chapter

More information

EGR Compliance Database Ireland Provided by: A&L Goodbody

EGR Compliance Database Ireland Provided by: A&L Goodbody Joe Kelly Partner jkelly@algoodbody.com +353 1 649 2429 EGR Compliance Database Ireland Provided by: A&L Goodbody The information contained in this questionnaire is for informational purposes only. Each

More information

Social and Economic Impact Study of Gambling in Tasmania

Social and Economic Impact Study of Gambling in Tasmania Social and Economic Impact Study of Gambling in Tasmania Summary Report December 2011 Report to the Tasmanian Government Department of Treasury and Finance Allen Consulting Group Pty Ltd ACN 007 061 930,

More information

Inside the pokies - player guide

Inside the pokies - player guide Inside the pokies - player guide 3nd Edition - May 2009 References 1, 2, 3 Productivity Commission 1999, Australia s Gambling Industries, Report No. 10, AusInfo, Canberra. 4 Victorian Department of Justice,

More information

Sports Betting in the United Kingdom

Sports Betting in the United Kingdom Sports Betting in the United Kingdom Symposium Glücksspiel 2010 Forschungsstelle Glücksspiel, Universität Hohenheim, Stuttgart 11 und 12 März 2010 Alan Littler a.d.littler@uvt.nl Tilburg Law and Economics

More information

ONLINE WAGERING IN AUSTRALIA NAGS CONFERENCE GOLD COAST NOVEMBER 2014

ONLINE WAGERING IN AUSTRALIA NAGS CONFERENCE GOLD COAST NOVEMBER 2014 ONLINE WAGERING IN AUSTRALIA NAGS CONFERENCE GOLD COAST NOVEMBER 2014 AWC members are Australian licensed & operated wagering service providers who offer online wagering Products offered by AWC members

More information

TRAVEL BY AUSTRALIANS

TRAVEL BY AUSTRALIANS TRAVEL BY AUSTRALIANS Quarterly results of the National Visitor Survey JUNE 2013 TRAVEL BY AUSTRALIANS Travel by Australians June 2013 Quarterly Results of the National Visitor Survey Image: Sailing,

More information

The South Australian Gambling Industry

The South Australian Gambling Industry SOUTH AUSTRALIAN CENTRE FOR ECONOMIC STUDIES ADELAIDE & FLINDERS UNIVERSITIES The South Australian Gambling Industry Final Report Commissioned by: South Australian Independent Gambling Authority Report

More information

Australian sport and the Commonwealth constitution

Australian sport and the Commonwealth constitution Bond University epublications@bond Sports Law ejournal Faculty of Law 12-7-2012 Australian sport and the Commonwealth constitution Chris Davies James Cook University Follow this and additional works at:

More information

Approximately 76 per cent of the bets taken by Sportsbet are on racing, with the remaining 24 per cent being on sporting or other events.

Approximately 76 per cent of the bets taken by Sportsbet are on racing, with the remaining 24 per cent being on sporting or other events. Introduction Sportsbet Pty Ltd (hereafter, Sportsbet, we and our ) welcomes the opportunity to make a submission to the Victorian Competition and Efficiency Commission (VCEC) as part of the Commission

More information

Tabcorp Wagering (VIC) Pty Ltd

Tabcorp Wagering (VIC) Pty Ltd Tabcorp Wagering (VIC) Pty Ltd Responsible Gambling Code of Conduct Approved 3 April 2014 1 CONTENTS Responsible Gambling Mission Statement... 3 1. About Tabcorp... 4 2. Tabcorp Wagering Responsible Gambling

More information

TABCORP HOLDINGS LIMITED ABN 66 063 780 709 ( The Company ) ANNUAL GENERAL MEETING 28 OCTOBER 2014

TABCORP HOLDINGS LIMITED ABN 66 063 780 709 ( The Company ) ANNUAL GENERAL MEETING 28 OCTOBER 2014 TABCORP HOLDINGS LIMITED ABN 66 063 780 709 ( The Company ) ANNUAL GENERAL MEETING 28 OCTOBER 2014 CHAIRMAN S ADDRESS AND MANAGING DIRECTOR AND CHIEF EXECUTIVE OFFICER S ADDRESS CHAIRMAN S ADDRESS Good

More information

Wagering and Betting Licence

Wagering and Betting Licence Wagering and Betting Licence Gambling Regulation Act 2003 (Vic) The Honourable Michael O'Brien MP, Minister for Gaming for and on behalf of the Crown in right of the State of Victoria Tabcorp Wagering

More information

TABCORP HOLDINGS LIMITED ABN 66 063 780 709 2004 ANNUAL GENERAL MEETING 29 NOVEMBER 2004 CHAIRMAN S AND MANAGING DIRECTOR S ADDRESSES

TABCORP HOLDINGS LIMITED ABN 66 063 780 709 2004 ANNUAL GENERAL MEETING 29 NOVEMBER 2004 CHAIRMAN S AND MANAGING DIRECTOR S ADDRESSES TABCORP HOLDINGS LIMITED ABN 66 063 780 709 2004 ANNUAL GENERAL MEETING 29 NOVEMBER 2004 CHAIRMAN S AND MANAGING DIRECTOR S ADDRESSES CHAIRMAN S ADDRESS Introduction This year was an exceptionally busy

More information

ANNUAL GENERAL MEETING 2012

ANNUAL GENERAL MEETING 2012 ANNUAL GENERAL MEETING 2012 ANNUAL GENERAL MEETING 2012 Alan Jackson Chairman New Zealand Racing Board Financial highlights 2011 2012 Betting turnover $1.533b $1.622b Net betting revenue $228m $238m Operating

More information

SPORTSBET PTY LTD SUBMISSION TO THE NEW SOUTH WALES LAW REFORM COMMISSION S CONSULTATION PAPER INTO CHEATING AT GAMBLING

SPORTSBET PTY LTD SUBMISSION TO THE NEW SOUTH WALES LAW REFORM COMMISSION S CONSULTATION PAPER INTO CHEATING AT GAMBLING SPORTSBET PTY LTD SUBMISSION TO THE NEW SOUTH WALES LAW REFORM COMMISSION S CONSULTATION PAPER INTO CHEATING AT GAMBLING 6 MAY 2011 CONTENTS ABOUT SPORTSBET 3 NEED FOR AN INDEPENDENT WAGERING BODY 4 ALL

More information

Gambling revenue. 10.1 Gambling revenue and taxation

Gambling revenue. 10.1 Gambling revenue and taxation Gambling revenue TECHNICAL PAPER 1 The gambling industry is subject to the Australian Government s GST, as well as a wide range of State taxes, license fees and levies. This paper focuses on State Government

More information

Submission by Greyhounds Australasia to the Inquiry into interactive and online gambling and gambling advertising

Submission by Greyhounds Australasia to the Inquiry into interactive and online gambling and gambling advertising Sandown Greyhound Racing Complex Lightwood Road Springvale 3171 Telephone: (03) 9548 3500 Facsimile: (03) 9548 3488 Email: admin@galtd.org.au Submission by Greyhounds Australasia to the Inquiry into interactive

More information

Optimal Product Fee Models for Australian Sporting Bodies. July 2012

Optimal Product Fee Models for Australian Sporting Bodies. July 2012 Optimal Product Fee Models for Australian Sporting Bodies July 2012 Optimal Product Fee Models for Australian Sporting Bodies 2 Contents Definitions and Acronyms 4 Executive Summary 5 1 High Court Decision

More information

What constitutes bingo? Advice note, January 2014

What constitutes bingo? Advice note, January 2014 What constitutes bingo? Advice note, January 2014 1 Summary 1.1 Bingo is a traditional form of gambling that has seen considerable innovation in recent years. It is also the only form of gambling recognised

More information

Casino Industry Survey 2009-10. July 2011 Prepared for the Australasian Casino Association

Casino Industry Survey 2009-10. July 2011 Prepared for the Australasian Casino Association Casino Industry Survey 2009-10 July 2011 Prepared for the Australasian Casino Association Contents Chapter 1 3 1.1 Background and report objective 3 1.2 Members 3 1.3 Revenues 3 1.4 Operating expenditure

More information

AUSTRALIAN PUBLIC LIBRARIES STATISTICAL REPORT 2011-2012

AUSTRALIAN PUBLIC LIBRARIES STATISTICAL REPORT 2011-2012 AUSTRALIAN PUBLIC LIBRARIES STATISTICAL REPORT 2011-2012 Compiled by Regional Access and Public Libraries, State Library of Queensland July 2013 Foreword The National Library and the State and Territory

More information

GAMBLING IN QUEENSLAND: GOVERNMENT REVENUE & REGULATION

GAMBLING IN QUEENSLAND: GOVERNMENT REVENUE & REGULATION ELECTRONIC EDITION GAMBLING IN QUEENSLAND: GOVERNMENT REVENUE & REGULATION RESEARCH BULLETIN NO 5/97 CHARLOTTE GRIGG QUEENSLAND PARLIAMENTARY LIBRARY Publications and Resources Section BRISBANE July 1997

More information

BINGO INFORMATION AND GUIDE FOR PERMIT HOLDERS

BINGO INFORMATION AND GUIDE FOR PERMIT HOLDERS Effective from 3/2/2011 BINGO INFORMATION AND GUIDE FOR PERMIT HOLDERS The information provided herein is intended as an information guide only and is not a substitute for prescribed permit conditions

More information

Instructions for Forms W-2G and 5754

Instructions for Forms W-2G and 5754 2016 Instructions for Forms W-2G and 5754 Department of the Treasury Internal Revenue Service Section references are to the Internal Revenue Code unless otherwise noted. Future Developments Information

More information

Information Sheet: Responsible Gambling in Australian Casinos

Information Sheet: Responsible Gambling in Australian Casinos InformationSheet:ResponsibleGamblinginAustralianCasinos TheAustralasianCasinoAssociationcommissionedGamblingComplianceLtdtoproducean executiveanalysisoftheresponsiblegamblinginitiativesthathavebeenimplementedbyaustralian

More information

Advice on non-commercial and private gaming and betting

Advice on non-commercial and private gaming and betting Advice on non-commercial and private gaming and betting November 2012 Contents 1 Introduction 3 2 Defining non-commercial and private gaming and betting 3 3 Non-commercial prize gaming 4 4 Non-commercial

More information

Tabcorp Holdings Limited (ABN 66 063 780 709) Tabcorp Holdings Limited (ABN 66 063 780 709)

Tabcorp Holdings Limited (ABN 66 063 780 709) Tabcorp Holdings Limited (ABN 66 063 780 709) 1 Tabcorp Holdings Limited (ABN 66 063 780 709) Tabcorp Holdings Limited (ABN 66 063 780 709) Wagering segment of the gambling market Tabcorp has improved market share in a highly competitive environment

More information

"All-in" A betting proposition where no refunds are given for scratchings or withdrawals regardless of whether

All-in A betting proposition where no refunds are given for scratchings or withdrawals regardless of whether RACING RULES In these terms and conditions: "Acceptors" See Final Acceptances. "All-in" A betting proposition where no refunds are given for scratchings or withdrawals regardless of whether or not a particular

More information

Payroll Tax in the Costing of Government Services

Payroll Tax in the Costing of Government Services Payroll Tax in the Costing of Government Services Research Paper Steering Committee for the Review of Commonwealth/State Service Provision Commonwealth of Australia 1999 ISBN: 1 74037 006 6 This paper

More information

AUSTRALIAN PUBLIC LIBRARIES STATISTICAL REPORT 2010-2011. Final Report

AUSTRALIAN PUBLIC LIBRARIES STATISTICAL REPORT 2010-2011. Final Report AUSTRALIAN PUBLIC LIBRARIES STATISTICAL REPORT 2010-2011 Final Report Compiled by Public & Indigenous Library Services State Library of Queensland July 2012 Foreword The National Library and the State

More information

APPELLANT'S CHRONOLOGY. The chronology is in a form suitable for publication on the Internet.

APPELLANT'S CHRONOLOGY. The chronology is in a form suitable for publication on the Internet. \', (), IN THE HIGH COURT OF AUSTRALIA NEW SOUTH WALES DISTRICT REGISTRY BETWEEN: No. S118 of2011 SPORTSBET PTY LTD (ACN 088 326 612) Applicant STATE OF NEW SOUTH WALES First Respondent RACING NEW SOUTH

More information

BETTING RULES. 1.1 Definitions. Client or Customer means a person who is 18 years or older who has opened an Account.

BETTING RULES. 1.1 Definitions. Client or Customer means a person who is 18 years or older who has opened an Account. BETTING RULES 1.1 Definitions Client or Customer means a person who is 18 years or older who has opened an Account. Account means a betting account opened by the Client with Luxbet for the purposes of

More information

Changes in Wagering Within the Racing Industry

Changes in Wagering Within the Racing Industry Changes in Wagering Within the Racing Industry FINAL REPORT Commissioned by: The Victorian Gambling Research Panel Prepared by: South Australian Centre for Economic Studies Swinburne Institute for Social

More information

Supporting Australia s Live Music Industry: Suggested principles for best practice

Supporting Australia s Live Music Industry: Suggested principles for best practice Supporting Australia s Live Music Industry: Suggested principles for best practice 2010 2010 Commonwealth of Australia, in conjunction with the governments of the Australian Capital Territory, New South

More information

Lottery and Gaming Regulations 2008

Lottery and Gaming Regulations 2008 Version: 1.7.2015 South Australia Lottery and Gaming Regulations 2008 under the Lottery and Gaming Act 1936 Contents Part 1 Preliminary 1 Short title 3 Interpretation 4 Prohibited goods and services 4A

More information

Know your limit. If Gambling is a problem for you contact Gambling Help 1800 858 858 or visit www.gamblinghelp.nsw.gov.au

Know your limit. If Gambling is a problem for you contact Gambling Help 1800 858 858 or visit www.gamblinghelp.nsw.gov.au wagering guide Know your limit. If Gambling is a problem for you contact Gambling Help 1800 858 858 or visit www.gamblinghelp.nsw.gov.au Welcome to Wentworth Park, the home of premier greyhound racing

More information

Investment & Reliability in the Australian National Electricity Market: A Perspective

Investment & Reliability in the Australian National Electricity Market: A Perspective Investment & Reliability in the Australian National Electricity Market: A Perspective Doug Cooke Energy Diversification Division International Energy Agency Joint IEA-NEA Workshop on Power Generation Investment

More information

Law Reform Commission 12. Cheating at gambling. March 2011 www.lawlink.nsw.gov.au/lrc

Law Reform Commission 12. Cheating at gambling. March 2011 www.lawlink.nsw.gov.au/lrc New South Wales Law Reform Commission Consultation paper 12 Cheating at gambling March 2011 www.lawlink.nsw.gov.au/lrc CP 12 Cheating at gambling New South Wales Law Reform Commission, Sydney, 2011 Copyright

More information

SUPPLEMENT No. 2 TO THE SOVEREIGN BASE AREAS GAZETTE No. 1681 of 25th February 2013 LEGISLATION

SUPPLEMENT No. 2 TO THE SOVEREIGN BASE AREAS GAZETTE No. 1681 of 25th February 2013 LEGISLATION SUPPLEMENT No. 2 TO THE SOVEREIGN BASE AREAS GAZETTE No. 1681 of 25th February 2013 LEGISLATION CONTENTS: The following LEGISLATION is published in this Supplement which forms part of this Gazette : Ordinance

More information

THE RULES. SBA Rules December 2013 Update 1

THE RULES. SBA Rules December 2013 Update 1 THE RULES 1. GENERAL 2-4. CLIENT RESPONSIBILITY 5-7. CLIENT IDENTIFICATION REQUIREMENTS 8-25. SPORTINGBET S RESERVED RIGHTS 26-40. TERMS UNDER WHICH WAGERS ARE ACCEPTED 41. FREE BETS AND PROMOTIONS 42.

More information

INFORMATION NOTE. Regulation of gambling-related advertisements in public areas

INFORMATION NOTE. Regulation of gambling-related advertisements in public areas INFORMATION NOTE Regulation of gambling-related advertisements in public areas 1. Background 1.1 This information note aims to provide the Panel on Home Affairs ("the Panel") with information on the regulation

More information

INVESTIGATION INTO THE ACT RACING INDUSTRY

INVESTIGATION INTO THE ACT RACING INDUSTRY INVESTIGATION INTO THE ACT RACING INDUSTRY INDEPENDENT COMPETITION AND REGULATORY COMMISSION Submission of AUSTRALIAN RACING BOARD INDEX i. Introduction and approach.... 1 1. The Australian Thoroughbred

More information

Review of Sports Betting Regulation 31 March 2011

Review of Sports Betting Regulation 31 March 2011 Review of Sports Betting Regulation 31 March 2011 CONTENTS 2 EXECUTIVE SUMMARY 3 REPORT BACKGROUND 5 THE EXISTING REGULATORY REGIME 6 Approval of sporting events 7 Contingencies 7 Approval of sports controlling

More information

TOTALISATOR RULES. Tabcorp ACT Pty Ltd ABN 19 167 957 002. 25 August 2015

TOTALISATOR RULES. Tabcorp ACT Pty Ltd ABN 19 167 957 002. 25 August 2015 TOTALISATOR RULES Tabcorp ACT Pty Ltd ABN 19 167 957 002 25 August 2015 These Totalisator Rules have been prepared by Tabcorp ACT Pty Ltd, pursuant to the requirements of the Totalisator Act 2014. 804282v1

More information

GAMBLING PRODUCTIVITY COMMISSION INQUIRY

GAMBLING PRODUCTIVITY COMMISSION INQUIRY GAMBLING PRODUCTIVITY COMMISSION INQUIRY Submission of AUSTRALIAN RACING BOARD INDEX i. Introduction and approach... 1 ii. Executive Summary... 3 1. Relevance of the Australian Thoroughbred Racing Industry

More information

Gambling Tax Reform 2014

Gambling Tax Reform 2014 Gambling Tax Reform 2014 Information Note December 2013 1. Contents Page Foreword 3 Section 1 Introduction 4 Section 2 Liability for the Duties 6 Section 3 Regulatory Matters 9 Section 4 Definition of

More information

Casinos and the Australian Economy April 2009

Casinos and the Australian Economy April 2009 Casinos and the Australian Economy April 2009 Report to the Australasian Casino Association The Allen Consulting Group Pty Ltd ACN 007 061 930, ABN 52 007 061 930 Melbourne Level 9, 60 Collins St Melbourne

More information

Betting: advice for remote, non-remote and betting intermediaries Advice note

Betting: advice for remote, non-remote and betting intermediaries Advice note Betting: advice for remote, non-remote and betting intermediaries Advice note October 2013 (updated October 2014) 1 Summary 1.1 This advice note explains the approach adopted by the Gambling Commission

More information

ACT GAMBLING AND RACING COMMISSION

ACT GAMBLING AND RACING COMMISSION ACT GAMBLING AND RACING COMMISSION Review of the Gambling and Racing Control (Code of Practice) Regulation 2002 Paper October 2012 Contents 1. Introduction... 3 2. Scope of the Review... 4 3. Requirements

More information

TABCORP Wagering Responsible Gambling Code of Conduct

TABCORP Wagering Responsible Gambling Code of Conduct TABCORP Wagering Responsible Gambling Code of Conduct Approved by the VCGLR 26 March 2012 1 CONTENTS Responsible Gambling Message... 3 1. About Tabcorp... 4 2. Tabcorp Wagering Responsible Gambling Code

More information

Preventing Sporting Corruption through Collaboration: the role of the online wagering industry

Preventing Sporting Corruption through Collaboration: the role of the online wagering industry Preventing Sporting Corruption through Collaboration: the role of the online wagering industry Address by Australian Wagering Council Chief Executive Officer, Mr Chris Downy, to Victorian Police Sporting

More information

DAVID ATTENBOROUGH - MANAGING DIRECTOR AND CEO, TABCORP AMERICAN CHAMBER OF COMMERCE - BUSINESS BRIEFING Grand Hyatt, Melbourne Friday 16 March 2012

DAVID ATTENBOROUGH - MANAGING DIRECTOR AND CEO, TABCORP AMERICAN CHAMBER OF COMMERCE - BUSINESS BRIEFING Grand Hyatt, Melbourne Friday 16 March 2012 DAVID ATTENBOROUGH - MANAGING DIRECTOR AND CEO, TABCORP AMERICAN CHAMBER OF COMMERCE - BUSINESS BRIEFING Grand Hyatt, Melbourne Friday 16 March 2012 Thank you Ray (MC), and good afternoon everyone. I would

More information

Online Gambling: The State of Play

Online Gambling: The State of Play Online Gambling: The State of Play EXECUTIVE SUMMARY Rapid expansion of internet technologies, combined with the increasing availability and accessibility of online or interactive gambling present some

More information

GAMBLING. Approved by the National Council November 2014

GAMBLING. Approved by the National Council November 2014 Public Issues Advisory Committee GAMBLING Approved by the National Council November 2014 Between 80,000 and 160,000 Australian adults have severe gambling problems and the estimated negative social cost

More information

BETFAIR AUSTRALASIA SUBMISSION TO THE PRODUCTIVITY COMMISSION INQUIRY INTO GAMBLING - 2009

BETFAIR AUSTRALASIA SUBMISSION TO THE PRODUCTIVITY COMMISSION INQUIRY INTO GAMBLING - 2009 BETFAIR AUSTRALASIA SUBMISSION TO THE PRODUCTIVITY COMMISSION INQUIRY INTO GAMBLING - 2009 1 Table of Contents EXECUTIVE SUMMARY... 3 INTRODUCTION... 5 WAGERING REGULATION AND PROBLEM GAMBLING... 7 Probity...

More information

Can I hold a race night, casino night or poker night? Click here for printer-friendly version

Can I hold a race night, casino night or poker night? Click here for printer-friendly version Can I hold a race night, casino night or poker night? Click here for printer-friendly version Can I hold a race night or casino night to raise funds for charity? You should read all of the information

More information

AUSTRALIAN HOTELS MORE THAN JUST A DRINK AND A FLUTTER:

AUSTRALIAN HOTELS MORE THAN JUST A DRINK AND A FLUTTER: AUSTRALIAN HOTELS MORE THAN JUST A DRINK AND A FLUTTER: AN OVERVIEW OF THE AUSTRALIAN HOTELS INDUSTRY APRIL 2009 AUSTRALIAN HOTELS T h e A u s t r a l i a n h o t e l s i n d u s t r y The Australian hotels

More information

SUBMISSION. March 2014

SUBMISSION. March 2014 SUBMISSION QLD Criminal Code (Cheating at Gambling) Amendment Bill 2013 March 2014 Australian Wagering Council A: Level 12, 95 Pitt Street Sydney NSW 2000 P: +61 2 8079 5204 E: admin@australianwageringcouncil.com

More information

Betting (ACTTAB Limited) Rules of Betting Determination 2011 (No 1)

Betting (ACTTAB Limited) Rules of Betting Determination 2011 (No 1) Australian Capital Territory Betting (ACTTAB Limited) Rules of Betting Determination 2011 (No 1) Disallowable instrument DI2011 254 made under the Betting (ACTTAB Limited) Act 1964, s55(1) Rules of Betting

More information

Tatts Group. February 2016. Sandon Capital Pty Ltd

Tatts Group. February 2016. Sandon Capital Pty Ltd Tatts Group February 2016 Sandon Capital Pty Ltd 1 Important information This presentation has been prepared for use in conjunction with a verbal presentation and should be read in that context. It contains

More information

2015 INTER DOMINION CONDITIONS

2015 INTER DOMINION CONDITIONS 2015 INTER DOMINION CONDITIONS 1. OVERVIEW 1.1 The 2013-15 TAB.COM.AU Inter Dominion Championships are to be contested in up to six Qualifying Heats for up to 60 registered Standardbreds and a Grand Final

More information

Local Rules of Racing All Codes. Bookmaker Betting

Local Rules of Racing All Codes. Bookmaker Betting Bookmaker Betting 1 October 2013 RACING QUEENSLAND LOCAL RULES OF RACING - ALL CODES BOOKMAKER TELEPHONE AND INTERNET BETTING INTRODUCTION (a) These Rules apply to all racing bookmakers. (b) These Rules

More information

For personal use only

For personal use only TABCORP HOLDINGS LIMITED ABN 66 063 780 709 ( The Company ) ANNUAL GENERAL MEETING 29 OCTOBER 2015 CHAIRMAN S ADDRESS AND MANAGING DIRECTOR AND CHIEF EXECUTIVE OFFICER S ADDRESS CHAIRMAN S ADDRESS Introduction

More information

I will then turn my attention to the strategies we have adopted to meet the challenges, and broadly the reasons why.

I will then turn my attention to the strategies we have adopted to meet the challenges, and broadly the reasons why. Ladies and Gentlemen Firstly, let me congratulate the organizers of today s meeting for their initiative and foresight in bringing together such a large cross-section of racing industry participants to

More information

Trade Promotion Lottery Licence Fact Sheet Lottery and Gaming Regulations 2008

Trade Promotion Lottery Licence Fact Sheet Lottery and Gaming Regulations 2008 Trade Promotion Lottery Licence Fact Sheet Consumer and Business Services Chesser House, 91-97 Grenfell Street Adelaide SA 5000 GPO Box 2169 Adelaide SA 5001 t 131 882 f 08 8226 8512 e lotterylicensing@agd.sa.gov.au

More information

RESULTS FOR ANNOUNCEMENT TO THE MARKET TABCORP RESULTS FOR THE HALF YEAR ENDED 31 DECEMBER 2015

RESULTS FOR ANNOUNCEMENT TO THE MARKET TABCORP RESULTS FOR THE HALF YEAR ENDED 31 DECEMBER 2015 Tabcorp Holdings Limited ACN 063 780 709 4 February 2016 To: Australian Securities Exchange Market Announcements 20 Bridge Street Sydney NSW 2000 5 Bowen Crescent Melbourne Australia 3004 GPO Box 1943

More information

Gaming: Revenue Overview

Gaming: Revenue Overview Gaming: Revenue Overview March 26, 2015 Presented by: The Florida Legislature Office of Economic and Demographic Research 850.487.1402 http://edr.state.fl.us Underlying Economic Premises... The money for

More information

Financial Services Guide

Financial Services Guide Financial Services Guide JLT Discretionary Trust (JDT) Arrangement MARCH 2014 About JLT The JDT Arrangement is a well-established proven alternative to standard insurance for many companies throughout

More information

INTERNET GAMING MRS. AMINA MAKNOON DIRECTOR OF LEGAL SERVICES BETTING GAMING AND LOTTERIES COMMISSION

INTERNET GAMING MRS. AMINA MAKNOON DIRECTOR OF LEGAL SERVICES BETTING GAMING AND LOTTERIES COMMISSION INTERNET GAMING MRS. AMINA MAKNOON DIRECTOR OF LEGAL SERVICES BETTING GAMING AND LOTTERIES COMMISSION What is Internet Gaming? The term internet gaming is often used interchangeably with internet or online

More information

Tatts Lotteries Responsible Gambling Code of Conduct. Australian Capital Territory

Tatts Lotteries Responsible Gambling Code of Conduct. Australian Capital Territory Tatts Lotteries Responsible Gambling Code of Conduct Australian Capital Territory Introduction Tatts Lotteries Responsible Gambling Code of Conduct ACT Tattersall s Sweeps Pty Ltd (Tatts), Golden Casket

More information