Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

Pokie spend media release

Gaming Machine Association of New Zealand (GMANZ)

Quarterly statistics press release 1st March 2019


An increase in Gaming Machine Proceeds (GMP) from Class 4 Gambling (pokies) will help keep vital funding available to community organisations across New Zealand.

Quarterly statistics released by the Department of Internal Affairs (DIA) on 1st March 2019 show that GMP increased by $7.9 million (3.5%) for the Quarter September – December 2018, compared with the same period in 2017.

The final quarter statistics reflect a continuation of recent trends, alongside a decrease in the number of gaming machines and venues, with there now being 2.4 per cent fewer pokie machines compared to the same period in the previous year. When adjusted for demographic changes and inflation, the expenditure on pokies declined from an average of $242 per person in 2016/17 to $238 per person in 2017/18.

This continues an ongoing decline in real terms of the funds available to the community. In nominal terms between 31 March 2004 and 31 December 2017 class 4 revenue declined from $1,027 million to $870 million (-15%).

Many community groups across New Zealand rely on grants from the Gaming Machine Trusts and Societies who manage pokie machine proceeds and will benefit from the increase in available funds. Last year over $300 million in Class 4 funding was redistributed throughout New Zealand. Pokies continue to provide the greatest return to the community with Pokies in pubs returning 44.6% and clubs39%. When you add in taxes the total community dividend is 67.6% for pubs and 60% for clubs.

Examples of organisations whose programmes have been enabled by such grants include: The Splash Palace Aquatic Centre, which provides swimming lessons to all primary school children in Invercargill; and the Big Buddy charity, which matches fatherless boys with positive male role models who support and encourage them as they grow into young men.

“More funds being generated for worthwhile community organisations and projects is a positive outcome” says GMANZ spokesperson, Bruce Robertson. “The average amount each New Zealander is spending on them annually is decreasing, in real terms.”

“The reduction in the number of machines and venues is of some concern, however, as players are driven from the safe and regulated gaming venue environment into the world of unregulated online gambling, with no safeguards or provision of community funding. The survival of many important community organisations and activities is put at risk.” says Bruce.

GMANZ gaming machine trusts and societies aim is to provide safe, fun environments for those who choose this form of entertainment. Continued commitment to robust harm minimisation measures, including the introduction of new technologies, is undertaken to help those few players experiencing problems

ENDS


© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

Super Fund/Canada Bid v NZTA: Tow Preferred Bidders For Auckland Light Rail

The two preferred delivery partners for Auckland light rail have been chosen and a final decision on who will build this transformational infrastructure will be made early next year, Minister of Transport Phil Twyford announced. More>>

ALSO:

9.3 Percent: Gender Pay Gap Unchanged Since 2017

“While it has remained flat since 2017, the gender pay gap has been trending down since the series began in 1998, when it was 16.2 percent,” labour market statistics manager Scott Ussher said. More>>

ALSO:

Ex-KPEX: Stuff Pulls Pin On Media Companies' Joint Ad-Buying Business

A four-way automated advertising collaboration between the country's largest media companies is being wound up after one of the four - Australian-owned Stuff - pulled the pin on its involvement as part of a strategic review of its operations ... More>>

Bus-iness: Transdev To Acquire More Auckland And Wellington Operations

Transdev Australasia today announced that it has agreed terms to acquire two bus operations in Auckland and Wellington, reaching agreement with Souter Investments to purchase Howick and Eastern Buses and Mana Coach Services. More>>

ALSO: