Casino

Casinos offer Net sweetener

The casino industry has written to federal politicians offering 1 per cent of Internet gambling revenue to antigambling programs if they agree not to ban online gaming.

The Australian Casino Association, in a letter to all MPs, argues that Internet gambling is not responsible for the sizeable gambling problems.

“Industry estimates indicate that more than 90 per cent of the revenue earned by Australian (online) operators will come from overseas,” the letter says.

“Unworkable restrictions on our industry, in particular a ban as proposed by the government, will place Australian sites at a disadvantage to compete with the international market and will restrict the growth of export income, similarly for tax revenue.”

The association declared that online operators would be prepared to direct 1 per cent of total revenue from online gambling to community programs in any states that adopted a federally mandated registration and licensing system.

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