Crikey Says

Jan 14, 2014

Crikey says: governments bet on Packer — every time

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The Victorian government wasn’t about to make James Packer pay without talking to him first. When Treasurer Michael O’Brien announced a pokies levy to prop up government coffers in December, as the Herald Sun reports today, the government said it was “subject to the satisfactory conclusion of negotiations and mutual agreement between the Victorian government and Crown to establish an outcome that delivers real value for both parties”.

Now the government reportedly knows what Packer wants in return: tax breaks for its high-roller tables and an extension of its gaming licence for 99 years.

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4 thoughts on “Crikey says: governments bet on Packer — every time

  1. AR

    Salutary to recall the knots in which the Gillard gov tied itself when it rejected, out of hand, Wilkies’ initial, simple, stroke of the pen/flick of the screwdriver solution for pokie addiction – MAXIMUM $1 bet – so that the deluded & addicted could spend hours but, relatively, little money at the chosen ‘fun’.
    The shameful unorstaylun ad attacks and the ever more complex & unworkable & idiotic attempts to square the circle – stop players pissing their money away & maintain club coffers – were doomed from the outset.
    As are any attempts to wean state governments from the financial fix casinos provide.
    It’s one thing to say that gambling is a tax on the stupid but unfortunately the stupid too often have children and other dependents.

  2. klewso

    It’s all about “The Law of Avarices”?

  3. Zeke

    I’m sure criminals wishing to launder their money at Packer’s gambling tables will be very happy.

  4. zut alors

    Packer must find this amusing: he simply asks and governments promptly bend over.

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