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Ann: F23 Results Investor Presentation, page-29

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  1. 436 Posts.
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    hasn't stopped the state government from cracking down on gambling revenue from casino and cracking down on sports betting. Friend who works at Crown Melbourne said now if you are a foreigner and wants to play, you have to disclose a million things for your cash. And then if you are a local, you have a hard cap on how much loss you can have. In other words, the government wants to paint an image that they are anti gambling, which means less revenue for the casino and betting agencies and less tax for the government coffer. Same thing they doing with pokies. The state government will just try to milk other industries for more tax and money, aka the real estate industry. Cause lets face it, Victoria has no export other than tourism, education and real estate. Now that the Chinese tourist groups have not made a come back and the students are staying away, the state is just gonna go broke into the next election. And they will not change their party line to all of a sudden say yes we want more gambling and pokies even tho they need to.
 
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