Pokies clubs will receive a $300 million tax break this year, as a result of a government initative to spend more gaming revenue on funding social programs. As part of the new leglislation, pokies taxes will drop from 21% to 19% in the 315 clubs with profits ranging from $1 million to $5 million.

In clubs that generate $10 million to $20 million, their rates will be cut from 29% to 26%. 35 clubs with the largest revenues ($20 million and up) will see their tax rates drop from 31% to 28%. This is not only great news for gaming club operators but also for the country at large. The recovered funds would be allocated to health care and other government systems that benefits individuals across Australia.

According to opposition leader John Robertson, the $300 million could be used to hire 2250 police or 3030 nurses. The new law will now set pokie revenues on that path, as operators will now be required to contribute 1.1% of their profits to organizations across the country. It is great see gaming revenues being spent on such valuable services as healthcare, sports and arts programs across the country.

This initiative may help to put more people in support of poker machines.

About the Author

George Anderson
Author George, has over 25+ years’ experience in the Pokies and Casinos industry throughout Australia and New Zealand. Loves to research new Pokies games on the block and follows announcements from top industry providers about their upcoming releases. As soon as a new interesting pokie game appears on his radar, George is there to check it out and give you the scoop before anyone else and tell you about all casino sites where can play the latest game. Before this gig, George worked as Pokie game tester, making him an ideal candidate for this genre of work. He is also an animal lover and a proud owner of three dogs.