State budget suggests Minns government is addicted to pokies revenue, with tax take predicted to jump from $1.6bn to $2.2bn annually within four years
Get our breaking news email, free app or daily news podcast
Anti-gambling advocates say surging tax revenue from poker machines in New South Wales is a betrayal of the Minns government’s promise to reform the industry.
Tuesday’s state budget forecasts the annual revenue from all gambling taxes will rise from $3.8bn in 2025-26 to $4.7bn by 2029-30. That includes an annual rise in revenue from poker machines in pubs and hotels of 7.5%, outstripping inflation, meaning the government expects to pocket $2.2bn from pokies in 2029-30 compared with $1.6bn this financial year.
Continue reading...
