{"id":777011289,"date":"2023-11-21T06:56:13","date_gmt":"2023-11-21T09:56:13","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777011289"},"modified":"2026-04-22T15:23:15","modified_gmt":"2026-04-22T18:23:15","slug":"australian-mayor-proposes-super-tax-on-clubs-with-high-slot-profits","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/australian-mayor-proposes-super-tax-on-clubs-with-high-slot-profits","title":{"rendered":"Australian mayor proposes super tax on clubs with high slot profits"},"content":{"rendered":"\n

Fairfield City mayor Frank Carbone wants a higher tax for clubs with annual gaming profits over AU$20m.<\/p>\n\n\n\n\n\n\n\n

Australia.- The mayor of Fairfield City in New South Wales (NSW), Frank Carbone<\/strong>, is advocating for a new higher tax rate for clubs that have high profits from gaming machines. He proposed a new 10 per cent levy on the gaming revenue of clubs that make more than $20 million in annual profit.<\/p>\n\n\n\n

He says the additional would go to community-oriented initiatives focusing on reviving the night-time economy in non-gambling venues within the same local government area and bolstering sporting infrastructure.<\/p>\n\n\n\n

Three local government areas: Canterbury-Bankstown, Fairfield and Cumberland, accounted for a third of Sydney’s poker machine losses in the first half of 2023. Cumberland councillor\u00a0Steve Christou<\/strong>\u00a0reportedly supports the idea as does mayor\u00a0Ned Mannoun<\/strong>\u00a0of Liverpool.<\/p>\n\n\n\n

Carbone says that clubs are currently subjected to a maximum gaming tax rate of 26.55 per cent on profits exceeding AU$5m per quarter. ClubsNSW argues that clubs have already paid AU$1.4bn in state and federal taxes.\u00a0<\/p>\n\n\n\n

See also: <\/strong>Australia: player losses on pokies reach US$9.7bn in the past year<\/a><\/p>\n\n\n\n

Meanwhile, the NSW government is reviewing the ClubGRANTS scheme amid revelations about the largest grants being directed back into club operations.\u00a0Local Government NSW recently passed a resolution supporting local administration and delivery.<\/p>\n\n\n\n

See also:<\/strong> NSW allocates US$64.2m to tackle gambling harm<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Fairfield City mayor Frank Carbone wants a higher tax for clubs with annual gaming profits over AU$20m.<\/p>\n","protected":false},"author":176,"featured_media":10356,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Fairfield City Mayor Frank Carbone proposes a new 10% levy on annual gaming profits exceeding AU$20m for clubs in New South Wales, Australia, aiming to fund community initiatives and bolster sporting infrastructure. This initiative, supported by other local mayors, comes amidst a review of the ClubGRANTS scheme and significant poker machine losses in the region, directly impacting club operators' profitability and the broader regulatory landscape.","focusai_entities":"Frank Carbone, Steve Christou, Ned Mannoun, ClubsNSW, Local Government NSW","focusai_location":"Australia, New South Wales, Sydney, Fairfield City, Canterbury-Bankstown, Cumberland, Liverpool","focusai_target_profile":"ceo_executive (0.9), regulator (1.0), compliance_legal (0.9), operator_casino (1.0), investor_analyst (0.9), supplier_vendor (0.7), journalist_researcher (1.0)","focusai_suggestions":[{"label":"Tax Impact Analysis","query":"What is the projected impact of a 10% levy on gaming profits exceeding AU$20m on the NGR and EBITDA margins of the affected clubs in NSW, considering current tax frameworks?"},{"label":"Regulatory Framework Evolution","query":"How might the proposed tax levy and the ongoing review of the ClubGRANTS scheme influence the future B2B\/B2C licensing and governance frameworks for gaming operators in New South Wales?"}],"footnotes":""},"categories":[16336,154],"tags":[23911],"class_list":["post-777011289","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-australasia-news","category-legislation-news","tag-gambling-regulation"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777011289","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=777011289"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777011289\/revisions"}],"predecessor-version":[{"id":777040924,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777011289\/revisions\/777040924"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/10356"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777011289"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777011289"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777011289"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}