- Nsw Poker Machine Revenue Report
- Nsw Poker Machine Revenue Reports
- Nsw Poker Machine Revenue Calculator
- Nsw Poker Machine Revenue Recognition
We're responsible for administering, collecting and managing debts of gaming and wagering tax payable in NSW, on behalf of Liquor and Gaming NSW.
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Nsw Poker Machine Revenue Report
The taxes applied to gaming and wagering in NSW are based on:
- what kind of gambling is being offered
- who's providing the gambling services.
Nsw Poker Machine Revenue Reports
Gambling tax rates
Nsw Poker Machine Revenue Calculator
Type | Description | Tax applied |
---|---|---|
Totalizator | A system that allows people to bet on outcomes and distributes betting revenue to the winning bets. | Percentage of player losses – ie bets placed less payouts. |
Fixed odds | An operator agrees to pay specified amounts against specified events. | Rates vary. |
Public lottery | A game of chance including a game such as lotteries, keno and soccer football pool. | Rates vary. |
Point of consumption | Payable on all bets made by customers who are located in NSW. | 10 per cent of the net NSW wagering revenue that exceeds the financial year threshold |
Legislation
Nsw Poker Machine Revenue Recognition
The decline in pokie revenue is slowing, and possibly beginning to reverse in NSW, the NT and Queensland. Current annual losses on pokies in pubs and clubs for Australia amount to $633 per adult. Fairfield had the highest poker machine revenue in the state for 2013, generating $298 million in clubs and $93 million in pubs, from the start of the year to August. This figure is $123 million greater than the combined total of profits generated from poker machines in the City of Sydney. Call to cap poker machines at NSW clubs as pokies reach 11,000. Palm Beach Soccer Club is one of the many clubs suffering with a decline in Poker Machine revenue which helps fund sporting.
Gambling taxes are regulated under the following legislation.