Thursday 17. December, 2015

Southwest Sydney Revealed to be the State’s Gambling Epicentre

A 2014-15 report from the Independent Liquor and Gaming Authority has shown that Sydney’s Southwest accounts for the highest gambling turnover in the state of New South Wales. Turnover from poker machine gambling in the area has exceeded $15 billion with the highest records emerging from Fairfield, Canterbury and Bankstown council areas. These areas also represent some of the most disadvantaged areas in the state, all with a high concentration of migrants.

Gambling turnover refers to the total amount, in dollars, spent on gaming machine gambling, including bets placed using credit that was won in the course of play. Gambling turnover in the three council areas rose by almost 9 percent over the last year, despite a drop in the number of machines available.

Fairfield was by far the largest spender recording pokie turnover last year of $7.61 billion, an increase from the $6.98 billion recorded for the previous year. This was despite the number of machines in the area being reduced from 3,804 down to 3,394.

Canterbury and Bankstown followed with annual pokie machine gambling turnover of $7.33 billion last year, an increase of 7 percent from the previous year which was recorded as $6.85 billion. These council areas, together, cover approximately the same area as Fairfield. There are 1,988 poker machines in Canterbury and a further 2,527 machines in the Bankstown area.

As Sydney’s Southwest is proving to be lucrative for poker machine owners, a Singaporean group just acquired the Banksia Hotel in Rockdale for $13.5 million. The hotel comes with 20 poker machines, as well as restaurants and pubs. Other gaming hotels sold in Sydney this year include the Panania Hotel in the Southwest and Belmore Hotel.


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