Reports TASMANIA MARKET REPORT
l End the Deed of Agreement between the State and the Federal Group as of June 30 2023 – removing the group’s exclusive right to conduct casino operations, operate EGMs and keno in Tasmania from that date.
l Restructuring the gaming industry in the state to an operator venue model for EGMs in hotels and clubs. Licences can be granted to existing venues for existing EGMs.
l Introduce a restriction on the share of the hotel and club EGM market that can be controlled by any one entity or business group (maximum of 587 authorities).
l Cap the number of EGMs at 1,180 for casinos and 2,350 for hotels and clubs with a venue cap of 30 per hotel and 40 per club to remain.
l Provide new regulatory and financial arrangements for the Licensed Monitoring Operator (LMO) to operate the network monitoring licence for EGMs in hotels and clubs. Tis was put out to tender by the Department of Treasury and Finance.
l Provide new regulatory and financial arrangements for a non-resident high roller casino licences. Te northern licence will be subject to a public benefit assessment and southern licence will be offered to MONA.
l Provide for additional amendments to existing arrangements for casino and keno licences to include the introduction of fully automated table games in casinos and a review of casino games (removing simulated racing game Trackside as a casino game). Licences will be granted to Federal Group for its existing casinos and state keno operations.
l Enable all licences (casino, keno, venue and LMO) to be issued for 20 years renewable with a review of suitability of licence holder at any time.
l Collection of a Community Support Levy from EGM revenue – three per cent from casinos, five per cent from hotels and four per cent from clubs.
l Provide for totalisator operator in Tasmania to conduct simulated racing events in hotels, clubs and totalisator outlets.
A LOOK AT THE CHANGES
Previously operators in Tasmania required a Licensed Premises Gaming Licence (LPGL) which allows an entity to operate keno or both keno and EGMs in a licensed premises such as a hotel or club. Tis ended in June 2022.
Any LPG operator must now apply and be assessed to hold a new venue licence and online applications could be submitted from July 2022.
Te new responsibilities for venue operators P118 WIRE / PULSE / INSIGHT / REPORTS
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