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Poker machine funding crisis.
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| Article Type: | Brief article |
| Subject: | Sports associations (Government finance) |
| Author: | Dickson, Geoff |
| Pub Date: | 06/01/2009 |
| Publication: | Name: Sport Marketing Quarterly Publisher: Fitness Information Technology Inc. Audience: Academic Format: Magazine/Journal Subject: Sports and fitness Copyright: COPYRIGHT 2009 Fitness Information Technology Inc. ISSN: 1061-6934 |
| Issue: | Date: June, 2009 Source Volume: 18 Source Issue: 2 |
| Topic: | Event Code: 900 Government expenditures |
| Product: | Product Code: 8691000 Athletic Associations NAICS Code: 81399 Other Similar Organizations (except Business, Professional, Labor, and Political Organizations) SIC Code: 8699 Membership organizations, not elsewhere classified |
| Geographic: | Geographic Scope: New Zealand Geographic Code: 8NEWZ New Zealand |
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| Accession Number: | 201712757 |
| Full Text: |
New Zealand sporting organizations are facing a funding crisis
because of decreased revenues from Gaming Machine Trusts and their
poker-machine funded grants. It is estimated that funding for the sector
has decreased by $47 million since 2004. Despite the decrease in
available funds, the number of applications has increased, making it
even more difficult for sport organizations to acquire funds. The
Department of Internal Affairs (DIA) had anticipated that poker machine
gambling would be one of the last areas to be hit by the recession, but
their latest figures indicate a 4.5% decrease compared to 2008 is
already evident. Explanations for the decreased income include a
softening economy, a reduction in poker machine numbers, smoke-free
laws, the eradication of pokie dens, campaigns to cut problem gambling,
and a "more responsible" approach to problem and pathological
gambling by the sector Dr. Geoff Dickson Division of Sport and Recreation Auckland University of Technology Email: geoff.dickson@aut.ac.nz |
| Gale Copyright: | Copyright 2009 Gale, Cengage Learning. All rights reserved. |
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