Adding poker machines to Casino Canberra has been a point of contention for the past few months. Developer Aquis Entertainment, who recently purchased the property, requested permission from the government to add pokies to the gaming floor. The clubs industry campaigned against it, but the government has decided to side with Aquis.
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Over the years, research has attempted to prove that the increase of poker machine activity has had positive benefits on the economy of low-income areas. These purported benefits include an increase in jobs in the gaming market and increased retail consumption. However, this study finds that gambling losses are funded by savings rather than income, which does not make it an alternative form of consumption. Additionally, with income increasing at a slower rate than gambling losses, it is likely that expenditures were taken from other areas of consumption, resulting in poor performances for the retail and hospitality industry.
Tatts Group Limited – Operates the Tatts brand lottos in Victoria, Tasmania, the Northern Territory, and the Australian Capital Territory. Tatts has managed the Queenland Golden Casket Lottery Corporation since 2007 and the New South Wales Lotteries since 2010 in both ACT and NWS. Also known as Tattersall’s.
Apart from tightening accounting rules for junkets the government has also banned gambling by proxy where instructions via a phone are taken by a player. However it has refrained from increasing the threshold of the transaction value that triggers reporting. It is currently at MOP500,000 (US$62,600) while the U.S is urging it to be made to US$3,000.
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New Orleans split their regular season series with the Trailblazers, but entered the playoffs off the back of a five-game run, thanks in part to Davis who put in an effort that should see him finish in the top three for the league MVP.
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Kingsguard ($6.50) and Plaisir ($7.50) are both down on the 53kg limit and the only other runners under double figure odds. Lovani ($16) is the only last start winner in the race which followed an impressive run prior to that while Destiny’s Kiss ($26) is a stable stalwart for Joe Pride and he resumes here and carries top weight alongside the favourite. Articus ($20) has had the five career wins, one of those from 15 starts in Australia.
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