Review of electronic gaming machine entitlement term
The Victorian Government Department of Treasury and Finance is undertaking a review of electronic gaming machine entitlements in response to requests from the gambling industry that the entitlement term be extended.
The current entitlement term for electronic gaming machines is ten years. These terms commenced in August 2012. The gambling industry has expressed concerns that a ten year term poses commercial challenges and even flagged that entitlements might be held in perpetuity. The government has indicated the latter is unlikely to be granted at this point.
A longer term may raise issues for the community in terms of what is considered an appropriate term for an entitlement, how important they think periodic reviews are, and the potential cost. The scope of the inquiry includes considerations of value for money in Victoria and delivering on the government’s commitment to policies relating to problem gambling.
To inform its policy response, the Department of Treasury and Finance is seeking public submissions framed in response to the Gaming Machine Entitlement Term Issues Paper.
When: Public submissions are now open and close on 30 June 2014.
Where: Submissions can be sent by email to firstname.lastname@example.org or by post to Gambling Policy and Litigation Group, Department of Treasury and Finance, 1 Treasury Place East Melbourne Victoria 3002.