Tasmanian Bills Fact Sheets

[Index] [Search] [Download] [Bill] [Help]


GAMING CONTROL AMENDMENT BILL 2009 BILL 18 OF 2009

                              FACT SHEET

             GAMING CONTROL AMENDMENT BILL 2009

�   The Gaming Control Act Amendment Bill amends the Gaming Control
    Act 1993, to enable the regulation of TOTE Tasmania's gaming and
    wagering activities. The Bill also repeals the Racing (Totalizator Betting)
    Act 1952 and the TOTE Tasmania (Racing Regulation) Act 2004.

�   It also abolishes the current funding arrangements between the TOTE
    and the Tasmanian racing industry. The new Tasmanian Racing Board
    will be funded directly by the State Government through a separate
    Funding Deed.

�   The amendments provide for the regulation and financial arrangements
    of the TOTE or its purchaser. Specifically, amendments to the Gaming
    Control Act:

    -      establishes a new endorsement under a Tasmanian Gaming
          Licence (TGL) for totalisator betting with an annual fee of 350 000
          fee units ($448 000), waived for the TOTE or its purchaser;

    -     establishes an agent endorsement to allow TGL holders to
          participate in an agent arrangement with an external (third party)
          gaming or wagering provider for which it receives a commission. An
          annual licence fee of 5 000 fee units ($6 400), will apply to an agent
          endorsement, waived for the TOTE or its purchaser;

    -     provides that the holder of a totalisator endorsement must pay a
          fixed wagering levy of 4.7 million fee units ($6 million per annum);

    -     deems TOTE to hold a Tasmanian gaming licence with totalisator,
          race wagering (fixed odds), sports betting, and an agent
          endorsements;

    -     deems TOTE's existing agent arrangements to be allowable under
          the endorsement. New arrangements will be subject to
          disallowance by the Tasmanian Gaming Commission;

    -     deems TOTE's equipment (software and hardware) to be compliant
          for 24 months and control systems (manuals) for 6 months;

    -     deems TOTE's special employees to be licensed for 12 months;

 


 

- enables a second exclusive totalisator licence, subject to the Treasurer's written approval, to be granted by the Tasmanian Gaming Commission if the TOTE is sold; - establishes a period of exclusivity of 15 years after the new operator's totalisator endorsement commences; - sets the term of the Tasmanian gaming licence for the new operator to be 50 years then renewable for 49 years while the operator holds a totalisator endorsement; - deems the new operator's equipment (software and hardware) to be compliant for 12 months and control systems (manuals) for 6 months; - deems the new operator's special employees to be licensed for 12 months; - provides that the TOTE or new operator can establish wagering rules under the licence that are allowed unless disallowed by the Tasmanian Gaming Commission; - provides that commission can be deducted, dividends are rounded and the fractions retained by the TOTE or the new operator; - authorises commission rates (take out rates) set out in operators rules are subject to maximum rates as determined by the Tasmanian Gaming Commission. - waives the race wagering, sports betting and agent endorsement fees for the TOTE or its purchaser while a totalisator endorsement is held; - limits the maximum fee payable for multiple endorsements held by any other operators (ie without a totalisator endorsement) at 450 000 fee units per annum ($576 000); - abolishes the current tax on sports betting from of 0.25 per cent of turnover and race wagering (fixed odds wagering) of 1.0 per cent of turnover; - limits the fees for the holder of both sports betting and race wagering endorsements to 200 000 fee units ($256 000); - provides that a totalisator, or any other Tasmanian gaming licence holder, may operate as an agent for a third party gaming or

 


 

wagering operator external to Tasmania, for which the Tasmanian based operator receives a commission; - provides that unclaimed monetary prizes or dividends be paid to the Treasurer after six months; - provides that a totalisator operator may use retail outlets as an agent to accept wagers on its behalf; - provides that the actions of an outlet agent are taken to be the actions of a licence holder; - introduces penalties for serious offences by the outlet agents, such as allowing a minor to gamble, the outlet agent will also be held responsible; - contains transitional and savings provisions in respect of the operations of the TOTE and the TOTE's agents, employees and technicians as they come under the control of the Act; - allows employees to wager on their employer's wagering activity only when off duty; and - provides for an adjustment of the product levy payable to Tasmania by Betfair where it is also required to pay race-fields publishing fees, product fees, or levies to racing authorities for the same event.

 


 

 


[Index] [Search] [Download] [Bill] [Help]