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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.
Oink Country Love Slot Launches -
Oink Country Love will have players tapping their feet to the country beat with the lovable Oink Bros, Willy and Chancho, who are trying to win over the heart of Miss Southern Charm in this five by three reel, 45-line online slot.
Tim Chung Wins MPNPT Manchester -
The 288-runner £550 MPNPT Manchester Main Event today crowned its champion, awarding the bulk of the £150,000 total prizepool to the nine players surviving after two days of tournament poker at the Grosvenor Casino.
MPNPT Manchester Day 2 -
Day 2 of the £550 MPNPT Manchester Main Event saw 60 Day 1 survivors (from a total of 288 entries) and three intrepid last-minute registrants sit down to play to the final table.
Day 1B MPN Poker Tour Manchester -
Day 1B of the £550 MPNPT Manchester Main Event saw the field rise to 285, as players took full advantage of the whole-day re-entry period.
Day 1A MPNPT Manchester -
The £150,000 guaranteed MPNPT Manchester kicked off today in style – 74 poker players from all over Europe arriving at the Grosvenor Casino to contend the first of two starting days
Kung Fu Rooster Slot Goes Live -
Celebrate Chinese New Year - 2017 Year of the Rooster. It's time to sweep away any ill-fortune and make way for incoming good luck, with this exciting 12 lines slot game.
Sensational Sixes Slot Goes Live -
Light up Icons like BAR's, black spades, red hearts, blue diamonds, and green clubs. The best part of Sensational Sixes are the three wild icons, for 2X, 4X, and 6X multipliers!
3 New Betsoft Slots -
3 new Betsoft slot Games were also added this week to most online casinos allowing US players.
2017 Bodog Super Millions Poker Open -
The first events on the 105-tournament schedule have already been completed; there are three more tourneys on Thursday’s schedule, with a total of $34,000 in guaranteed prize money waiting to be won.
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