NZ Gaming Charities Demand More Money
NZ Gambling Commission is reviewing the charity requirements for casinos. Christchurch Casino received a 15-year licence extension with the obligation to donate 3% of its net proceeds to charity.
The NZ Casinos have to provide a level of funding for charity. Some of them donate less than 0.7% of their profits to charity each year. The pokies operators in Auckland, Queenstown, Christchurch, Hamilton, and Dunedin that have flouted rules are being reviewed by the Gambling Commission.
NZ Casinos are Required to pay 40% of their Turnover to charity. SkyCity Hamilton inked a lot of sponsorships to promote its brand. Problem Gambling Foundation wants to focus on gambling harm reduction. The former Casino Control Authority will define the amount of annual contribution made by these casinos to a charitable action. The amount cannot make up for the far-reaching impacts on the gambling.
