Pokies and Slot Machine Information

Petrol damages pokies turnover

May 26, 2006 on 1:52 pm | In Slot machine overviews |

The high price of petrol, coupled with a recent interest rate rise appears to be hitting pokies revenue in New South Wales, Australia:

“THE state Budget is facing a $137 million black hole after latest figures revealed clubs and pubs have experienced a dramatic reduction in revenue increases from poker machines.”

Daily Telegraph

Note that the quote references a reduction in increases - real revenue has gone up, but not at the expected rate. If it is hits to discretionary income that is reducing pokies turnover, then its unlikely to be from the chronic players - more likely to be from the casual pokies players.

The overall revenue received by the NSW government from poker machines is around 1.3 billion dollars - from a population of about 6.7 million people. This is around $200 for every citizen, whether of gambling age or not.