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Aussie Punters Lose 4.87 Billion
Australians in the state of Victoria lived up to a reputation for being serious gamblers over the past year, according to statistics released this week by the Victorian Commission for Gambling Regulation which show that gamblers lost A$ 4.87 billion in the year to June 2008 on poker machines, lotteries, table games and sports betting.
State coffers benefitted significantly by garnering A$1.58 billion in gambling taxes.
Of that, A$1.58 billion flowed into government coffers in taxes and levies, the report, tabled in state parliament on Wednesday, shows.
Criticising the state government, the Victorian chapter of the Liberal Party of Australia said in a statement that the Commission's report demonstrates an over-reliance on gambling revenue to fund basic services.
The Shadow Minister for Gaming, Michael O'Brien, referred media to Appendix 14 of the 2007-08 Victorian Commission for Gambling Regulation Annual Report, saying, "...the reality of Labor's handling of the gaming portfolio - in 2007-08 Victorians lost a record A$4.87 billion on all forms of gambling, and they paid Premier John Brumby a record A$1.58 billion in taxes for the privilege."
He added: "Labor is now so dependent on gambling to fund basic services that its gaming tax collections are around the same as Victoria Police's annual budget.
"Victorians don't want police numbers dependent on pokie numbers. Hospital beds shouldn't rely on horse racing. The State Labor Government should be prepared to fund basic services without this over-reliance on gambling taxes.
"Unfortunately, with the slowing economy threatening to affect property taxes and GST revenue, the Brumby Government will be relying on gambling to plug its leaking budgets into the future," O'Brien claimed.
Gambling News :
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Auston Matthews and the Toronto Maple Leafs touch down in DC this Tuesday (7 PM ET on TSN) as one of the hottest teams in the NHL. They've tallied a ridiculous 26 goals through only five games played; that's more than five goals scored per game on average. They'll be up against an equally potent Washington Capitals team.
Pro League Reveals Sportradar Contract Details -
The partnership between the PLC and Sportradar aims to provide a high-quality level of service to all Arabian Gulf League stakeholders in addition to making verified official data about players performances available to coaching and scouting staff and supplying match information to media outlets.
NFL Odds: Steelers Visit Undefeated Chiefs #TNF -
The Kansas City Chiefs (5-0 SU and ATS) have been flawless as an NFL pick thus far. Their chances of remaining undefeated in Week 6 look good; after opening at –4.5, Kansas City is a 5-point home chalk for Sunday’s game against the Pittsburgh Steelers (3-2 SU, 2-3 ATS), beginning at 4:25 PM ET on CBS.
Mega Moolah strikes again -
The jackpot was hit on a mobile device on Sunday 1 October 2017 by a UK player on Betway, this time awarding a £1,448,116.31 pay day.
2 New Slots For Microgaming Casinos -
David Reynolds, Games Publisher at Microgaming, comments: “On top of our branded title game Halloween, we’re delivering two more slots this October, each bringing exciting features and a different theme.
MLS Odds: Red Bulls vs. Whitecaps -
The New York Red Bulls (12W, 12L, 7T) haven’t won a match since August 15, but they’re –165 favorites this Saturday against the visiting Vancouver Whitecaps (15W, 10L, 6T), beginning at 5 PM ET. Vancouver is a +475 underdog with the draw priced at +285.
MLB Odds: Yankees Favored in AL Wild Card Game -
After a strong regular season, the New York Yankees (91-71, –1.00 betting units) opened as –235 home favourites for Tuesday’s AL Wild Card Game against the Minnesota Twins (85-77, +11.48 units). First pitch is at 8 PM ET on ESPN.
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