NZ Introduces Gambling Reforms

The New Zealand government has introduced new gambling reforms that will encourage gaming operators to return more pokie machine profit back into the community. The new laws will greatly benefit community organizations, providing them with more funding.

Currently, gaming machine operators are required to provide 37% of their profits to community groups. Internal Affairs Minister Chris Tremain states that the new reforms will ensure that pokies donate at least 40% of their profits. In the future, he would like to see this increase to 45%.

“I know it’s possible because many societies are already exceeding this amount,” Tremain says. “The top six societies average 40.5 per cent pay-out, with one of the top societies paying out 46 per cent.’

According to the New Zealand Herald, for every 1% increase, the gambling market will donate an additional $7 million in profits to local sports, education, arts and culture initiatives. This will greatly benefit the local community, and remove some of the stigma that gaming machines do more harm than good.

The new reforms will also ensure transparency when it comes to pokie grants. This will prevent gaming trusts from misappropriate funds and providing grants to organizations that are in eligible.

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