Surging pokies revenue proves NSW Labor has failed to reduce gambling harm as promised, advocates say
Overview
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
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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.
Details
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.
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Originally published at www.theguardian.com.