In 2019, a minimum of 40 percent of gaming machine proceeds in New Zealand were required to be distributed to authorized purposes, which included funding and grants for community evens or charitable activities. Furthermore, almost a quarter of the proceeds were taken in gaming duty tax, with almost 20 percent reserved for expenses incurred by the society hosting the gaming machine.
Allocation of gaming machine proceeds in New Zealand in 2019
In September 2014, regulations were introduced which set new minimum thresholds for the return of gaming funds to the community.
In the first financial year following promulgation, societies must return a minimum of 40% of net proceeds (up from 37.12%). This rises to a minimum of 41% in year three and 42% in year five.
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Ashburton District Council. (March 13, 2019). Allocation of gaming machine proceeds in New Zealand in 2019 [Graph]. In Statista. Retrieved November 26, 2024, from https://www.statista.com/statistics/1098005/new-zealand-allocation-of-gaming-machine-proceeds/
Ashburton District Council. "Allocation of gaming machine proceeds in New Zealand in 2019." Chart. March 13, 2019. Statista. Accessed November 26, 2024. https://www.statista.com/statistics/1098005/new-zealand-allocation-of-gaming-machine-proceeds/
Ashburton District Council. (2019). Allocation of gaming machine proceeds in New Zealand in 2019. Statista. Statista Inc.. Accessed: November 26, 2024. https://www.statista.com/statistics/1098005/new-zealand-allocation-of-gaming-machine-proceeds/
Ashburton District Council. "Allocation of Gaming Machine Proceeds in New Zealand in 2019." Statista, Statista Inc., 13 Mar 2019, https://www.statista.com/statistics/1098005/new-zealand-allocation-of-gaming-machine-proceeds/
Ashburton District Council, Allocation of gaming machine proceeds in New Zealand in 2019 Statista, https://www.statista.com/statistics/1098005/new-zealand-allocation-of-gaming-machine-proceeds/ (last visited November 26, 2024)
Allocation of gaming machine proceeds in New Zealand in 2019 [Graph], Ashburton District Council, March 13, 2019. [Online]. Available: https://www.statista.com/statistics/1098005/new-zealand-allocation-of-gaming-machine-proceeds/