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New zealand pokies rock 116% benefit after lockdown
2020-11-26

New Zealand Pokies Rock 116% Benefit After Lockdown

In New Zealand, since the conclusion of the Level 4 constraints on June 8, 2020, the gaming machines market has seen its revenues rise tremendously. With no more restrictions when it comes to athletics, jobs, school and internal travel, which meant the reopening of class four venues, and especially those which run pokies.

Since the lockout, kiwis were still able to play gaming machines and a look at the first figures shows a 6.4% increase in Gaming Machines Proceeds (GMP) soon after the june constraints were lifted. According to slot machines the formula is used to calculate annual players loss of income.

The losses produced in the past two years have been higher compared with the same time. However, after the lockout, it wasn't just pokies that were affected and the New Zealand Racing Industry Transition Agency had to change the race schedule a little.

Meanwhile, according to the The Department of Internal Affairs (DIA), $130,661,758 marks a increase of 116% in the pokies market for the third quarter of 2020. Over the last 6 years, the scale and investment on pokie machines has gradually expanded and hit a record $939 million in 2018-2019, the department reported

Pokies In New Zealand And Socioeconomic Inequality

DIA has put in place a plan to exploit the gambling data and publish figures once every three months to control the gambling industry to improve gambling and raise its popularity.

Although the investment and benefit in pokies, it is also an indicator:

“Pokies are disproportionately situated in our more deprived communities so we are seeing money coming from people who can least afford to lose it”

-said Andre Froude, spokesman for the new zealand Problem Gambling Foundation

In addition, some people complain about the fact that there are lots of pokie machines in poor neighbourhoods that allow people to waste their money.

Bernard O'Shaughnessy, a Wellington resident, eager to urge councilors to be more strict when it comes to pokie machine businesses:

“You should reduce the pokie machines by 50 percent – also I’d advocate an equal number of machines must be operated in each ward – it’s disgusting, I think, that the poor wards have the most machines.”

DIA also issued new research that shows that the problem is still present in Auckland, and more specifically in South Auckland, where there are the highest number of computers. More than half of the gamblers who wish to go to rehab are from South Auckland.

With the re-establishment of access to class four gambling facilities, Q3 figures have exceeded Q2 numbers for the first time since 2015, and earnings have been around 8.1% higher than anticipated, even as the COVID-19 pandemic has caused some places to permanently shut down Overall, 8 venues have closed for every 4 that opened, turning into 14,847 machines.

In New Zealand the casino environment has grown with the launch of a range of online gaming options by the national lottery.

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