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Gaming
Gaming machines, which were introduced into SA hotels on July 25, 1994, are enjoyed by people from all walks of life and the vast majority who play them do so without ever experiencing difficulties.
The advent of gaming came at a time when it was estimated between 40-50% of SA’s hotels were suffering a financial crisis. The introduction of gaming allowed these businesses to meet urgent financial commitments, while the vast majority of hotels with gaming machines have been able to upgrade their facilities to the point where SA now boasts some of the best hotels in Australia. Today the hotel industry in SA has a capital and commercial value in excess of $2.1 billion, and expenditure on redevelopments as a direct result of gaming is more than $463 million.
Gaming has triggered a significant increase in employment in SA as well. Of the 24,000 people employed in the hotel industry in SA, 4400 of these jobs have been created as a direct result of gaming.
Gaming is also responsible for a large amount of State Government revenue. Since the introduction of gaming, hotels have paid more than $1.8 billion dollars in gaming machine tax. SA now has the highest gaming taxation rates in Australia.
The rate of return to players on gaming machines in SA must be 85% of the total amount of all bets made on the machine if the machine or game was installed before October 1, 2001 or 87.5% in the case of a machine or game installed on or after October 1, 2001.