Note: Where available, the PDF/Word icon below is provided to view the complete and fully formatted document
 Download Full Day's HansardDownload Full Day's Hansard    View Or Save XMLView/Save XML

Previous Fragment    Next Fragment
Tuesday, 19 August 1980
Page: 443


Dr Klugman asked the Minister for the Capital Territory, upon notice, on 1 5 May 1980:

What is the minimum percentage of invested money returned in prize money to investors in (a) the ACT TAB, (b) New South Wales lotteries, (c) poker machines in licensed ACT clubs, (d) Lotto, (e) soccer pools and (0 any other forms of legal gambling in the ACT.


Mr Ellicott - The answer to the honourable member's question is as follows:

I am informed by my Department that:

The minimum percentages of invested money returned in prize money to investors in legal forms of gambling in the ACT are as follows: (The percentage figures quoted need to be read in conjunction with the supplementary notes.)

Prize money

Gambling forms proportion per cent

(a)   ACT TAB.......... 84.5

(b)   NSW Lotteries........ 62.5

(c)   Poker machines in licensed ACT clubs 87.0

(d)   Lotto (NSW)......... 60.0

(e)   Soccer Football Pools...... 37.0

Notes: (a) The ACT TAB prize money proportion is based on total receipts less overall commissions which vary for different types of bets. At present the commissions applicable are 1 7 per cent for trifecta betting, 20 per cent for the 6 race jackpot and 1 5 per cent for all other classes of bets.

(b)   For NSW Lotteries sold in the ACT and conducted by the NSW State Lotteries Office, 62.5 per cent is the average amount returned in prize money although the proportion varies marginally for different value lotteries.

(c)   All ACT poker machines are required to be set to return to players 87 per cent, or as near as practicable to 87 per cent, of money invested. Because of random variations this proportion may vary in isolated instances. (0 Other legal gambling forms

Housie and relatively small scale local lotteries, silver circles and similar betting schemes conducted in the ACT are licensed under ACT law. The proportion of investments returned as prize money varies with the type, size and purpose of the scheme but is generally within the range 30 per cent-60 per cent for lotteries, silver circles and other games and 70 per cent-80 per cent for housie.

Tattersall consultations (including Tattslotto) are sold in the ACT and the proportion of investments required to be returned as prize money is 60 per cent under the Victorian legislation.

Other lotteries, art unions and pools lawfully conducted in a State or Territory of the Commonwealth may also be sold in the ACT. Conditions incorporated in the State legislation apply in the ACT.

On-course bookmakers may conduct bookmaking operations at licensed racecourses in the ACT. No minimum return on money invested is prescribed.

General Comment - items (a) to (f)

In the case of interstate tickets, the prize money proportions exclude any additional commissions added to the face value of tickets by local agents.







Suggest corrections