SEARCH NEWS:

 

Australian Pubs Exposed as Casinos

AUSTRALIA – As reported by the (Australia) Daily Telegraph: "The timeless Slim Dusty song complained about the dreary pub with no beer.

"The classic tune effectively reflects leisure in modern day Sydney, with confidential documents showing some pubs are selling little beer across the bar – while making nearly all their money from pokies.

"The Daily Telegraph has obtained the confidential balance sheets of 34 hotels managed by prominent Sydney publican Bill Waugh.

"Across all the hotels, poker machine revenue on average represents 56 per cent of total takings, with this figure ranging from 30 per cent to 94 per cent. The Livingstone Hotel had pokie profits of $44,672 per week, bar revenue of $5772, bottle shop

"…The State Government has changed the law so that proposed hotels will not be allowed to open unless they are primarily designed to sell food and beverages, rather than to turn a pokie profit.

"…Mr Waugh's son Ashton, who is managing director of the Waugh family's W and W Hotel Management, was dismayed that the confidential figures had been obtained.

"However, he said bar figures may be down because people were drinking less than they did years ago…"

< Gaming News