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Tips and Murmurs: Tasmania reveals pokies tax rate


Gambling with the future When
Crikey covered the April Tasmanian election, we noted a lacuna in the debate. No one wanted to talk about the state s policy on gaming. You could watch the Tasmanian Council of Social Service discussing poverty in Tasmania, but no one save Greens leader Cassy O Connor wanted to talk about the role of gambling. And as James Boyce points out in his book
Losing Streak, it s not even as though it brings in a huge amount of tax revenue for the state although it does contribute a decent amount to party coffers. Regardless, newly reelected Premier Peter Gutwein was able to withhold information such as the tax rates that would be applied to gaming until after the election. ....

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Don't mention the pokies: Tasmanian premier refuses to detail policy ahead of Saturday's poll | Tasmanian election 2021


Asked again at a press conference on Thursday, he said: “I’ve made it perfectly clear the poker machine gaming legislation reform was dealt with at the last election.
“What we would see as a result of that legislation and that reform is pubs and clubs would do better, the state government would do better. Importantly, we would have more money to spend on harm minimisation as well – and Federal [Group] would be the loser.”
Gutwein said the legislation would be released for public consultation later this year before going to parliament.
Federal Group has argued its casinos, Wrest Point in Hobart and Country Club in Launceston, are “the two most marginally profitable casinos in Australia” and that the proposed model would reduce its earnings by $10m a year. ....

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Casino compromises and buying elections


From Southbank to Watergate
Crown lost half its board and what was left of its public credibility.
The numerous and expensive to implement recommendations of the Bergin Inquiry will require a major corporate overhaul to meet any standard of future licensee fitness and propriety. Vulture capitalists are circling with an $8 billion takeover bid from United States private equity behemoth Blackstone already on the table.
In NSW, Independent MLC Justin Field is sitting on a bill that would render Crown’s controversial compensation deal with the NSW government unenforceable.
He previously told
Green Left he will bring on debate on the legislation should Crown be so completely deaf to the public and political PR that it ever tries to collect. ....

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