Australian Capital Territory
The Australian Capital Territory houses Canberra, Australia’s capital, built between Sydney and
Melbourne in the early 20th century. The federal district’s forest, farmland and nature reserves earn Canberra its nickname, the "Bush Capital.” The city's focal point is Lake Burley Griffin, filled with sailboats and kayaks. On opposite shores are the grand
Australian War Memorial and the massive, strikingly modern Parliament House.
Te ACT Gambling and Racing Commission is an independent statutory authority responsible for the gambling and racing sector and was established under the Gambling and Racing Control Act 1999. Other legislation includes the Casino Control Act 2006 and Gaming Machine Act 2004. Total gambling revenue for the year end 2018 amounted to $53.204m.
Lottery – this is governed by the Lotteries Act 1964 and provides a range of lottery activities from raffles, Housie and trade promotion lotteries. Te main lottery is operated by Tatts.
l l Betting - the race and sports bookmaker
sector is regulated by the Race and Sports Bookmaking Act 2001. By the end of 2018 there were 10 bookmaker licences. In April 2018 there was a ban on greyhound racing in ACT although breeding and training is still permitted. For horse racing ACT has one club - Canberra Racecourse which is also known as Toroughbred Park - which is one of the most modern racetracks in Australia. Tere are two race tracks here – a turf course and the all weather Acton Track. Te track is operated by Canberra Racing Club with around 25 meetings per year.
In 2014 TabCorp was issued with an exclusive licence by the ACT government for the totalisator licence. Te acquisition of ACTTAB
P164 NEWSWIRE / INTERACTIVE / MARKET DATA
was completed by TabCorp Holdings for $105.5m and TabCorp was issued with a 50 year exclusive totalisator licence, sports bookmaking licence for 15 years (extendable to 50 years) and ongoing approval to offer Keno and Trackside products.
Online Gambling is governed via the ACT Interactive Gambling Act of 1998. However the Australian government’s Interactive Gambling Act of 2001 prohibits Australian companies from offering online gaming services to Australian residents which overrides state and territory laws.
Te Act does however regulate online wagering services and those based in ACT must hold an ACT Sports Bookmaking licence.
l EGMs - are regulated and licensed via the
Gaming Machine Act 2004, Gaming Machine Regulations 2004 and the Gambling and Racing Control Regulation of 2002.
Back in 2015 amendments to the 2004 Act were introduced as part of the ACT government’s gaming machine reform package. Te changes saw an open market trading scheme introduced for gaming machine authorisations with a new licensing and authorisation framework and a phased reduction in the number of gaming machines in the territory.
Te idea was to allow licensees who want to reduce their reliance on gaming machine revenue or move out of gaming completely able to trade their authorisations to operate individual machines.
Te plan was to reduce machines via two phases – the first for every four authorisations traded, one is forfeited and removed from operation which was expected to take up to three years. Te total number of authorisations could not exceed the number of gaming machines in ACT.
Phase 2 meant clubs with 20 or more authorisations had to surrender authorisations on a pro-rata basis to meet the new maximum ratio of 15 gaming machines per 1,000 adults.
Te scheme resulted in a reduction in the
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