A study by the Centre for International Economics in 2018 estimated that gaming machines contributed $8.32bn to the Australian economy and employs 46,660 people whilst tax revenue for state and commonwealth governments was $5.5bn.


Betfair and enables customers from all over the world to bet against each other offering a different aspect to that of fixed odds or totalisator operations.


Crown’s wagering and online social gaming operations also include DGN Games which is 85 per cent owned by Crown and Chill Gaming, a 50/50 venture between Crown and New Gaming to focus on innovation and developing new entertainment products.


Last year CrownBet and William Hill Australia merged to form BetEasy following the news in February last year that Canadian giant Te Stars Group acquired a 62 per cent stake in CrownBet from Crown Resorts. In the summer CrownBet then acquired William Hill Australia for $300m


P162 NEWSWIRE / INTERACTIVE / MARKET DATA


and the merger is set to produce the country’s third largest sports betting operator after TabCorp and Sportsbet.


THE ‘POKIES’ Electronic Gaming Machines (EGMs) are


colloquially known as ‘pokies’ in Australia and are located in pubs/taverns, clubs and hotels across all jurisdictions in Australia (except for Western Australia where they are only permitted in the casinos).


Tere around 195,000 EGMs in Australia of which 13,500 are in the 13 casinos, 113,500 in some 2,000 clubs and almost 70,000 in 3,000 plus hotels.


Most states set a cap on the number of EGMs


that are operational whilst minimum RTP is set at between 85 and 87 per cent on average depending on the state. Some states come with a $5 maximum bet and others $10 for club/hotel EGMs.


A study by the Centre for International Economics in 2018 estimated that gaming machines contributed $8.32bn to the Australian economy and employs 46,660 people whilst tax revenue for state and commonwealth governments was $5.5bn. Player expenditure on EGMs in the Australia has increased exceptionally over the last 20 years from around $8.2bn in 1996 to $12.6bn in 2017.


NSW has the largest number of EGMs where there is approximately one EGM per 62 people.


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