Poker machine funding crisis.
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
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

Gale Copyright: Copyright 2009 Gale, Cengage Learning. All rights reserved.