Gaming Machine Proceeds Rising in New Zealand
Recently updated on August 15th, 2018
Gaming Machine Proceeds fund communities across New Zealand, making it possible for amateur sports and local outreach projects to thrive. From April to June 2018, proceeds from gaming machines have risen by 3.1% to NZ$6 846 240. This is according to the latest statistics from the Department of Internal Affairs of New Zealand (DIA). Statistics were gathered from multiple reports the DIA released.
According to the statistics, 90% of proceeds from local gambling venues are put back into communities. This was after concerns were raised in 2016 that not enough Gaming Machine Proceeds were being used for problem gambling treatment. Following submissions from the public, the government promised to make the use of funds public knowledge.
Reports by DIA
Several reports by the DIA have been analysed, including those pertaining to gaming machine statistics. In the first, all facilities were listed in ‘clusters’ in regions. The second report outlined all facilities in these clusters. A third report provided information about gaming machine proceeds and the number of poker machines available. This didn’t include venues with a single machine or more than 18.
The Gaming Machine Association of New Zealand (GMANZ) reported a decline in the number of venues and machines in the DIA statistics. They claim that the reduction of local infrastructure could lead to fewer proceeds for communities. Added to this are concerns that over-regulating gaming machine venues like pubs and clubs could lead players to turn to unregulated options. Specifically, online gambling options that are unregulated by gaming machine laws.
Foundations Benefitting from Gaming Machine Proceeds
Standards and regulations for local pubs and clubs are outlined in the Gambling Act. This act also provides regulates the trusts providing funds to communities. Most of the Gaming Machine Proceeds go to local services and projects, like air ambulance and rescue, as well as amateur sports. These services depend on funds to function, but if regulations become stricter, they could struggle to survive according to the GMANZ.
Published by Taralynn
August 15, 2018
Categorie(s): Latest News, New Zealand, North Island, South Island
About the Author
Taralynn Engels is a seasoned casino news writer with a passion for keeping her readers up-to-date with the latest happenings in the gambling industry. With over five years of professional writing experience, Taralynn has developed a deep understanding of the casino industry and a knack for delivering engaging and informative content.
Aside from her in-depth knowledge of the casino industry, Taralynn possesses excellent writing skills that allow her to craft captivating narratives that keep readers hooked until the last word. Her ability to simplify complex concepts and present them in an accessible manner guarantees that her articles are enjoyed by both seasoned casino enthusiasts and newcomers alike.
More Posts from Taralynn.
Related Posts
Published by Mark
February 19, 2019
Categorie(s): Big Wins, Latest News, New Zealand, North Island, South Island
Recently updated on February 19th, 2019Gambling legislators and watchdogs in the United Kingdom have spoken out against online financial services provider PayPal for allegedly allowing gamblers to circumvent bank limits. Due to this loophole in safety bank limit practices, some gamblers have been using the e-wallet to spend excessive amounts. Reports suggest perhaps even more […]
Published by Taralynn
November 5, 2018
Categorie(s): Latest News, New Zealand, North Island, South Island
Recently updated on November 5th, 2018In 2019, the United Kingdom’s remote gaming industry will face a tax increase of 6%. This will bring up total taxes to 21% for any operators offering online gambling in the UK. According to Chancellor Phillip Hammond, the rise in taxes for remote gaming will compensate for losses in revenues […]
Published by Taralynn
July 23, 2021
Categorie(s): Big Wins, Bonus Codes, Latest News, New Zealand, North Island, Promotions, South Island
Recently updated on July 23rd, 2021 No, you can’t withdraw your casino bonus shortly after claiming it at online casinos. If you’re interested in “when can I withdraw my casino bonus?” then this is the guide for you. Online gambling sites offer bonuses to draw new players and show off the best games they have. […]
Published by Taralynn
July 2, 2019
Categorie(s): Latest News, New Zealand, North Island, South Island
Recently updated on July 2nd, 2019The New Zealand government recently revealed a new problem gambling strategy. The policy is a further attempt by the Kiwi government to ensure that the harm of gambling is reduced in the country. The problem gambling strategy involves the establishment of support groups, technological pilots, as well as home care […]
Published by Mark
March 23, 2019
Categorie(s): Latest News, New Zealand, North Island, South Island
Recently updated on March 23rd, 2019The name Microgaming is synonymous with online casino gaming throughout the world. The titles found in Microgaming’s catalogue have always set the tone for casino game manufacturers to follow over the years. Which makes the sudden shift very interesting. In recent releases, Microgaming has subcontracted the creation of new pokie […]