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Poker Machines Reap $43m - Bendigo Spending Rises
 Message was posted: 10:48 Aug 15th, 2006     
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Gambling news from http://pokermag.com/


Gamblers spent almost $43 million on gaming machines in the City of Greater Bendigo in the past financial year, figures just released reveal. The Victorian Commission for Gambling Regulation figures for the 2005-2006 financial year reveal the net electronic gaming machine expenditure in the City of Greater Bendigo was $42.7 million.


That was almost $2.6 million more than in the 2004-2005 financial year - the net expenditure then was $40.1 million. Council of Gambler's Help Services executive officer Eddie Chapman said the figures showed how much money went into the machines.

Council of Gambler's Help Services estimates 40 per cent of poker machine gamblers are addicts. Gamblers across Victoria spent $2.47 billion on poker machines for the financial year up to June 30, $79 million more than the previous financial year, the figures show.

But Minister for Gaming John Pandazopoulos said the 3.3 per cent rise was the third lowest growth rate since the machines were introduced in Victoria in 1992, and less than the four per cent inflation rate. He said the number of machines per 1000 adults in Victoria had dropped to 6.92, the lowest level in 10 years and the second-lowest rate in the country.

Mr. Pandazopoulos also spoke of benefits to the community from revenue raised through poker machines. About 85 per cent of our gaming machine revenue - approximately $4.4 billion during the past six years - was allocated to health and community projects across every region in Victoria," he said. The government has committed $111 million to problem gambling programs since 1999.





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