Gaming jobs ‘under threat’ in Tasmania
A gaming operator has warned that new gambling rules coming into effect this week in Tasmania may lead to job losses.
The Responsible Gambling Mandatory Code of Practice for Tasmania was first introduced in September last year, with several new rules taking effect on Thursday.
These include the requirement that gaming machine operators position clocks in areas where gambling takes place to “assist people to be aware of the passage of time,” as well as a AUS$400 per day limit on withdrawals from ATMs located in casinos.
In September, new rules relating to advertising, inducements and player loyalty programmes will come into effect.
Daniel Hanna of Federal Hotels, one of Tasmania’s main operators, said the new rules could cost the company AUS$20m and may result in 150 jobs being lost.
“We don’t think that these measures are justified and backed up by any research to demonstrate that they would have any social benefit when weighed up against this very large cost,” he told ABC. “Casinos operate in a very competitive environment. They compete with mainland casinos and they also compete with online casinos as well.
“We’re very worried that this will simply transfer a lot of that business out of the state.”
Systems company DRGT has appointed Koen De Wispelaere as CFO.
Illinois Rep Bob Rita has introduced House Bill 2939, which would authorise the Illinois Gaming Board to develop a casino in Chicago and appoint an operator to run it.
As a result of the poor market situation in Macau, SJM Holdings’ gaming revenue fell 8.8 per cent in 2014 to HK$79.2bn (US$10.2bn), while net profit fell 12.7 per cent to HK$6.73bn.
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