Adelaide casino expansion deal
Market watch top headlines
December 19 2012, 10:10AM
Independent Senator Nick Xenophon said there would be a new pokies VIP tax rate of 10.9 per cent.
"The casino could end up paying a lot less than we think they will because they will be getting a 75 per cent tax cut when it comes to their so-called VIP room and in order to be a VIP you have to spend a lot more money," he told ABC radio.
"To what extent will that drive the casino's policy of expansion in terms of encouraging more people into that VIP room?" he asked.
He said the Productivity Commission on poker machines had found 40 per cent of pokies' losses came from problem gamblers.
"So, the bricks and mortar for this development will be, to a large extent, funded by problem gamblers."