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have machines valued at $282 make a gamble

edit:casino time:2018-04-15

In short, a cap on gaming machines, a market trading scheme, and the grant of a 200 machine licenses to the casino combine to deliver significant windfall benefit to gaming machine operators. Those benefiting will most certainly be the large clubs, including in particular those owned by or associated with the Labor Party and the CFMEU.

The ACT Gambling and Racing Commission collects data for each of the machines being operated. It is well known that not all machines have equal patronage; some are preferred and the difference in revenue between the highest performing and lowest performing machine may be many-fold. As such, a financially responsible scheme could be designed that provides fair compensation for the machines surrendered or acquired, while ensuring that the net benefits (ie, revenue from auction less the acquisition cost) are properly returned to ACT taxpayers.

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