Local Govt | National News Video | Parliament Headlines | Politics Headlines | Search


Communities getting bare minimum from pokie trusts

Communities getting bare minimum from pokie trusts

The Problem Gambling Foundation is questioning why many pokie trusts are unable to return to communities any more than the minimum amount of gaming machine proceeds that they are required to by law.

Graeme Ramsey, Problem Gambling Foundation CEO, says it appears as though many trusts are using the legal minimum rate of return as a target rather than trying to maximise returns to the community as the Gambling Act requires.

“A few trusts are returning over 50 per cent of gaming machine proceeds to the community. That shows that it can be done if trusts set out to maximise the return to the community. Why then are most only returning the 37.12 per cent, or very close to it, that they are required to under the law?” he says.

Graeme Ramsey says the rest of the money after taxes goes on trust administration or to venues as reimbursement for expenses.

“From the DIA results published in the latest Gambits magazine, it looks as if some trusts are doing their best to ensure that venues and their own operations get as much as possible rather than the community. Given the sums of money involved this is a big incentive for keeping these dangerous products in our communities,” he says.

“The Gambling Act places a clear requirement on trusts to operate as efficiently as possible so that as much money as possible gets to communities. When even some of the biggest trusts cannot return much above the minimum required, questions must be asked. Unlike other bodies dealing with public money, little information is available for the public to see how trusts are operated and where the money goes.”

Graeme Ramsey says the system of distributing pokie money through trusts is fundamentally flawed and a new robust, open and transparent system is clearly needed.

A snapshot of annual figures published by the DIA in the April Gambits magazine shows that from the total gaming machine proceeds of over $601 million just over $249 million was returned to the community.


© Scoop Media

Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell: On The SFO’s Investigation Of New Zealand First

On one level. New Zealand First has been the agent of its own misfortune. The New Zealand First Foundation handling the donations at the centre of the Serious Fraud Office investigation was reportedly (a) authorised by the NZF party’s board and (b)the money was apparently used to finance the party’s activities. Yet the disclosure trail remained opaque. According to its critics, NZF can’t have it both ways: it can’t claim that the foundation and the party were entirely separate legal entities, and then go to court to try and block the SFO from releasing its findings because of the likely impact on the party’s electoral fortunes... More>>


Gordon Campbell: On Whether This Election Is Already A Foregone Conclusion

Currently, this election looks like being a no contest. The weekend’s Newshub poll has the centre left enjoying a roughly 57-36% lead over the centre right. Labour is on 50.1% and the Greens 6.5%, while National remains in the dreaded 20s at 29.6% More>>


Serious Fraud Office: Files Charges In Relation To NZ First Foundation Donations

The SFO has filed a charge of ‘Obtaining by Deception’ against two defendants in the New Zealand First Foundation electoral funding case. The charges were filed on 23 September. The defendants have interim name suppression and so cannot be named ... More>>


Economy: Business Leaders’ Confidence Tanks As Top Kiwi CEOs Vent Their Frustrations

The New Zealand Herald’s Mood of the Boardroom 2020 Election Survey has been released with top business leaders saying New Zealand’s Covid-19 recovery is in peril – and they want a decisive role with Government in the country’s future. The annual ... More>>


Poll: Newshub-Reid Research Poll Shows National Rising But Labour Still Governing Alone

With less than three weeks to go, Labour remains in a position where it could govern alone in the latest Newshub-Reid Research poll* on 50.1% - down 10.8 percentage points. National has risen slightly to 29.6% (up 4.5 percentage points), but even with the ... More>>


Government: Taking Action To Reduce Waste And Plastics

Phase out single use and hard to recycle plastics by 2025 Create a $50m Plastics Innovation Fund to develop alternatives Standardise kerbside recycling The Labour Party is taking the next step in removing plastic rubbish from our oceans and environment ... More>>

Gordon Campbell: On Last Night’s Leaders Debate

Do political debates change voter intentions, and cause voters to switch sides? According to a 2019 Harvard Business School study conducted across 61 elections in nine countries involving 172,000 respondents, the answer would seem to be a resounding ... More>>


Dunne Speaks: The Election Campaign Just Grinds Slowly On And On

With just over three weeks until the General Election, the release of the first major pre-election opinion poll this week confirmed what was already being reported about this year’s campaign. Although the gap between Labour and National has narrowed ... More>>

Electoral Commission: Candidate And Party Lists Released

17 registered political parties and 677 candidates will be contesting the 2020 General Election Nominations have now closed and the Electoral Commission has released the electorate and party list candidates for 2020 online at vote.nz . Advance voting ... More>>

National: Plan To Restore NZ’s Prosperity

National’s Economic and Fiscal Plan carefully balances the need to invest in infrastructure and core public services while also reducing tax pressure on Kiwi families and businesses. National Leader Judith Collins and Finance spokesperson Paul Goldsmith unveiled National’s ... More>>






InfoPages News Channels