AustLII Tasmanian Numbered Acts

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GAMING CONTROL AMENDMENT (FUTURE GAMING MARKET) ACT 2021 (NO. 31 OF 2021) - SECT 148

Section 136 amended (Calculation of gross profits)

Section 136 of the Principal Act is amended as follows:
(a) by omitting subsection (2) and substituting the following subsections:
(2)  The gross profit derived from machine games during any period is to be calculated by deducting from the total amount wagered in that period the sum of all winnings paid.
(2A)  The gross profit derived from keno during any period is to be calculated by deducting from the total amount wagered in that period –
(a) the sum of all winnings paid, other than jackpots; and
(b) any amount accrued during the period in jackpot prize pools.
(b) by omitting from subsection (3) "other than keno" ;
(c) by inserting in subsection (3) "gaming" after "unredeemed" ;
(d) by inserting in subsection (4)(a) "gaming" after "unredeemed" ;
(e) by inserting in subsection (4)(b) "gaming" after "unredeemed" ;
(f) by inserting in subsection (5)(a) "gaming" after "a" ;
(g) by inserting in subsection (5)(b) "gaming" after "a" ;
(h) by inserting in subsection (5)(c) "gaming" after "a" .



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