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


Increase in gaming spend illusionary

The latest Quarterly Gaming Statistics released by the DIA create an illusion that real funding availability for the community is increasing, says Bruce Robertson, the Independent Chair of the Gaming Machine Association of NZ (GMANZ).

When adjusted for inflation and population growth, the real revenue from community-based gaming is actually in decline, while at the same time total spend on other gambling products continues to increase.

GMANZ holds real concerns for the long-term future of community funding with the DIA reporting the continued decline in venue and machine infrastructure. Reducing venue and machine numbers has proved to be ineffective as a tool in minimising gambling harm.

The move to offshore uncontrolled, unregulated and unsupervised gambling continues to gather pace while the controlled and supervised environments offered by community-based gaming venues still attract unwarranted and ignorant criticism.

GMANZ represents the bulk of community-based gaming which employs over 4,000 people and produces over $300 million in grants and applied funds annually as well paying $300M in tax and duty to the Government and $12M towards problem gambling intervention, research and public education, said Mr Robertson.

© Scoop Media

Business Headlines | Sci-Tech Headlines


Up 0.5% In June Quarter: Services Lead GDP Growth

“Service industries, which represent about two-thirds of the economy, were the main contributor to GDP growth in the quarter, rising 0.7 percent off the back of a subdued result in the March 2019 quarter.” More>>


Pickers: Letter To Immigration Minister From Early Harvesting Growers

A group of horticultural growers are frustrated by many months of inaction by the Minister who has failed to announce additional immigrant workers from overseas will be allowed into New Zealand to assist with harvesting early stage crops such as asparagus and strawberries. More>>


Non-Giant Fossil Disoveries: Scientists Discover One Of World’s Oldest Bird Species

At 62 million-years-old, the newly-discovered Protodontopteryx ruthae, is one of the oldest named bird species in the world. It lived in New Zealand soon after the dinosaurs died out. More>>

Rural Employers Keen, Migrants Iffy: Employment Visa Changes Announced

“We are committed to ensuring that businesses are able to get the workers they need to fill critical skills shortages, while encouraging employers and regions to work together on long term workforce planning including supporting New Zealanders with the training they need to fill the gaps,” says Iain Lees-Galloway. More>>


Marsden Pipeline Rupture: Report Calls For Supply Improvements, Backs Digger Blame

The report makes several recommendations on how the sector can better prevent, prepare for, respond to, and recover from an incident. In particular, we consider it essential that government and industry work together to put in place and regularly practise sector-wide response plans, to improve the response to any future incident… More>>