Scoop has an Ethical Paywall
Licence needed for work use Learn More
Parliament

Gordon Campbell | Parliament TV | Parliament Today | Video | Questions Of the Day | Search

 

Multi-year grants approved for gaming societies

Hon Nathan Guy
Minister of Internal Affairs
18 August 2011

Multi-year grants approved for gaming societies

Gaming societies will be allowed to make multi-year grants from 15 September, the Minister of Internal Affairs Nathan Guy has announced today.

“Up until now, non-casino gaming machine (e.g. pokie machine) societies could only make annual grants to the community.

“This change will be welcomed by many sporting, cultural and charity groups. It will give them the confidence to focus on delivering longer-term projects for the benefit of local communities. It will be particularly helpful for major events and capital projects.

“The Gambling (Class 4 Net Proceeds) Regulations 2004 have now been amended so that societies can make commitments in-principle to multi-year grants. Commitments can only be in-principle because societies must still comply with the Gambling Act 2003 before grants can be made.

“This reflects the Government’s goal of maximising the returns to the community from the proceeds of gambling.

“There are currently 50 gaming machine societies operating in commercial venues, and in 2010/11 they raised around $250 million for community purposes.”

The Department of Internal Affairs will be providing further information to gaming machine societies and to community groups that are potential grant recipients.

ENDS

Advertisement - scroll to continue reading

© Scoop Media

Advertisement - scroll to continue reading
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

 
 
 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

Featured News Channels


 
 
 
 

Join Our Free Newsletter

Subscribe to Scoop’s 'The Catch Up' our free weekly newsletter sent to your inbox every Monday with stories from across our network.