Queensland’s Office of Liquor and Gaming Regulation (OLGR) regulates the gambling sectors in the state under the Gaming Machine Act 1991, Casino Control Act 1982 and Wagering Act 1998. Tere was a total of $4.06bn gambled in the Queensland market last year.
l Lottery - Te first Golden Casket lottery was
conducted in 1917 and the operation was taken over by the Queensland government until 2007 when they sold off Golden Casket to Tattersall’s Ltd and it is now a brand under Te Lott operated by the Tatts Group. Te Lotteries Act was introduced in 1997 whilst total expenditure on the lotteries amounted to $432.9m last year.
l Betting - Horse and dog racing in the state is
governed by Racing Queensland and the principal club is Brisbane Racing Club formed by a merger between Queensland Turf Club and Brisbane Turf Club. Te Racing Act 2002 governs the sector for thoroughbred, harness and greyhound racing.
Tere are 130 clubs and 119 racecourses across the state and the industry contributed some $1.2bn last year to the economy.
Total attendances reached 847,833 with over 12,000 races last year. Wagering revenue amounted to $253.3m of which thoroughbred
P172 NEWSWIRE / INTERACTIVE / MARKET DATA
racing saw $195.2m, Greyhound $37.2m and harness $20.8m.
Te sector has been impacted negatively by UBET declining returns and the closure of Eagle Farm racetrack for upgrading and maintenance and inclement weather. Racing Queensland now plans to invest over $100m over the next five years as part of an infrastructure plan to modernise facilities.
It also plans to achieve certain objectives such as growth of total revenue by five per cent by 2020 via the Strategic Plan FY18-21.
At the beginning of 2018 Racing Queensland implemented the Minimum Bet Limits for all off-course wagering operators (not betting exchanges) which applies to fixed odds bets on thoroughbred racing in the state.
In 1962 TAB began to provide legal off-course betting and in 1999 TAB Queensland was privatised. Total expenditure for the wagering
sector amounted to $350.5m last year. Keno/TAB expenditure amounted to $97.9m last year.
EGMs - Legalised in 1992 there are some 42,230 EGMs operational (January 2019) and 45,807 approved EGMs which are regulated under the Gaming Machine Act 1991. Licences are issued to existing liquor licensees who wish to provide gaming machines and since 2001 there is a statewide cap on the total number of gaming machines which can be operated in hotels and clubs alongside a reallocation scheme to allow the trade of gaming machines.
l
In the club sector the scheme manages a total cap of 24,660 club operated gaming machine entitlements. One entitlement represents the clubs ability to operate one gaming machine. Clubs were given a number of entitlements and can now trade with other clubs. Tere are 23,025 operational EGMs in January 2019 and 406 clubs.
From 2014 clubs were able to apply for up to 300 gaming machines at a single premises whilst a club with two licensed premises can apply for a maximum of 450 gaming machines while three
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