The Victorian government recently passed a law that provides Crown Casino with a number of unique concessions. The casino operator will receive an extended gambling license, extra games and a compensation deal. Rather than denying that the agreement puts Crown Casino at a competitive advantage, the Victorian government continues to plan gambling reforms.
The deal dictates that Crown Casino will receive millions of dollars in compensation if problem gambling reforms cause a decline in the casino’s profits. For example, if a new limit is imposed on poker machines and Crown Casino sees a loss as a result, the operator will receive money from the government. Of course, the deal has been criticised by responsible gambling advocates both across the state that around the country.
The agreement sets a dangerous precedent for casino operators across Australia, as they will look to Crown Casino as an example and hope to obtain similar concessions. The deal also puts the government in a difficult position when it comes to passing gambling reforms. Any laws that are passed which may reduce problem gambling rates also come with the possibility of reducing profits at Crown Casino.
Still, the Victorian government continues to make plans for gambling reform. While certain issues like betting limits may require compensation, other programs will work out well. Education and health initiatives can be passed without the potential of having to pay out compensation.
One such program will require doctors to screen individuals for problem gambling if they present certain illnesses, such as insomnia, depression and headaches.
Gambling Regulation Minister also notes that certain reform will not be affected by the compensation deal: “Importantly, pre-commitment is not affected by the deal with Crown and that is on track to be rolled out at the casino and every electronic gaming machine venue in Victoria by 1 December next year,” he says.
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