Casino Clubs NSW

Profits, Tax, Sport and Politics
Book Hero Magic crafted this summary to help describe this book. While it's new and still learning, it may not be perfect - your feedback is welcome! Summary
Casino Clubs NSW by Betty Con Walker explores the development and impact of casino clubs in New South Wales, tracing their historical and socio-political relevance. The book delves into how these institutions have influenced local economies, culture, and politics, providing a detailed account of their evolution and the controversies surrounding them. Through this exploration, it reveals insights into the broader implications of gambling on society in NSW.
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Format: Paperback / softback
$5499
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Book Hero Magic created this recommendation. While it's new and still learning, it may not be perfect - your feedback is welcome! IS THIS YOUR NEXT READ?

This book may appeal to you if you have an interest in the transformation of gambling and its impact on society. It explores the history of clubs in New South Wales and their evolution into vibrant social and economic centres, making it a captivating read for those curious about the intertwining of leisure activities with economic and social development.

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Casino Clubs NSW

Casino Clubs NSW describes how big clubs have attained and retained a dominant position in the gaming industry. While recognising the positive role of small mutual clubs, it questions the continuing government support to big clubs through tax and regulatory concessions and it refutes claims that the bulk of gaming profits is spent on community contributions and sport sponsorship.

Casino Clubs NSW describes how big clubs have attained and retained a dominant position in the gaming industry.

Book Hero Magic formatted this description to make it easier to read. While it's new and still learning, it may not be perfect - your feedback is welcome! Description

The NSW club gaming industry is a multi-billion dollar business with some of the largest registered clubs in the world operating more poker machines than many casinos, but not subject to the same scrutiny. Their status as 'mutuals' allows them to pay little, if any, corporate income tax and low state tax rates on gaming profits.

Casino Clubs NSW describes how big clubs have attained and retained a dominant position in the gaming industry. While recognising the positive role of small mutual clubs, it questions the continuing government support to big clubs through tax and regulatory concessions and refutes claims that the bulk of gaming profits is spent on community contributions and sport sponsorship.

Casino Clubs NSW presents the story of public campaigns, private lobbying, and back-room machinations aimed at blocking a 2003 decision by Premier Bob Carr and Treasurer Michael Egan to increase taxes on the gaming profits of big clubs. Carr and Egan resisted that campaign, but incoming Premier Iemma backed down in order to obtain the support of some disaffected backbenchers. The price for the premiership has been a loss in state taxes of hundreds of millions of dollarsβ€”and rising.

Book Details

INFORMATION

ISBN: 9781920899400

Publisher: Sydney University Press

Format: Paperback / softback

Date Published: 13 October 2009

Country: Australia

Imprint: Sydney University Press

Illustration: 22 b&w ill., 33 tables

Audience: Professional and scholarly

DIMENSIONS

Spine width: 12.0mm

Width: 176.0mm

Height: 250.0mm

Weight: 470g

Pages: 211

About the Author

Betty Con Walker is an economist with experience in the private and public sectors, including the New South Wales Premier's Department and the New South Wales Treasury.

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