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Never ending losing streak : NSW records worst poker machine losses ever & Government’s disappointing mid-term report card on reform

Wesley Mission 3 mins read

Media release

For immediate release

Never ending losing streak:

NSW records worst ever poker machine losses

Government’s disappointing mid-term report card on reform

 

New South Wales has hit a devastating new low with record high losses hitting a staggering, and arguably avoidable, $8.64 billion for 2024 according to the latest Liquor and Gaming data just published. This represents a year on year increase of 6.3 %, close to double the rate of inflation for the same period.

 

Despite being elected on a platform that promised to curb the State’s poker machine scourge, the Minns government’s modest reforms, including banning of political donations from clubs and pubs with poker machines and enforcing the ban on VIP Room signage on pubs and clubs have had zero to negligible impact on reducing gambling losses, and therefore harm.

 

Wesley Mission CEO, Rev Stu Cameron, says the Government’s continued inaction in implementing substantive reforms is frustrating.

 

“It beggars belief that midway through the Government’s term, New South Wales operates in an even more chaotic, conflicting environment. There are more poker machines and record-breaking losses, resulting in a public health crisis of gambling harm. The government’s reforms appear to have achieved nothing in curbing the worsening crisis. 

 

“If the government were to receive a mid-term report card, the overall community sentiment would be: ’Not working to their full potential, could do better if they applied themselves’. This 6% plus increase on 2023’s poker machine losses isn’t an anomaly.  It is a direct result of a failure to implement reforms with real teeth.”

 

Two years into the parliamentary term, the Minns government has yet to move decisively on reforms that could make a genuine difference in reducing gambling harm.  Clear solutions are available but to date the government appears unwilling to confront a powerful gambling industry.

 

Rev Cameron maintains a cashless gambling card with mandatory loss limits and reduced gambling room opening hours are essential, evidence-based measures the government can and should commit to.  

 

“While it will take time to roll out a mandatory cashless card, we already know the technology works.  Last year’s pre-implementation testing reinforced it and the technology is already operational at Crown Casino in Sydney and Melbourne, with high take-up rates. 

 

“Powering down poker machines in NSW from midnight to 10am is a reform that could be implemented quickly and would have an immediate impact on reducing the record levels of gambling harm now being experienced.

 

 

“We are in the grip of a preventable public health crisis where New South Wales families are paying the price.  The government needs to ask itself: are they here to serve the people of New South Wales or to protect the profits of pubs and clubs?  Strong leadership means making tough, principled decisions.  The time to act is now.”

 

 

 

Quarter 4 2024 poker machine loss data for NSW 

 

Total Losses Q4: $2,249,716,799 

Total losses 2024: $8,641,513,916 (6.3% increase over 2023’s $8,129,629,332) 

Total Electronic Gaming Machines (EGMs) Q4: 87,772 

Daily losses Q4: $24,601,472 

Hourly losses Q4: $1,025,061 

 

Hotels 2024  

 

Net losses 

# EGMs 

# Premises 

Q1 

$868,693,872 

22,495 

1,168 

Q2 

$913,070,104 

22,554 

1,163 

Q3 

$1,009,469,049 

22,416 

1,156 

Q4 

$1,010,418,688 

22,536 

1,147 

 

$3,801,651,713 

 

 

 

Clubs 2024 

 

Net losses 

# EGMs 

# Premises 

Q1 

$1,179,438,186 

65,117 

1005 

Q2 

$1,177,176,842 

65,321 

1007 

Q3 

$1,243,949,064 

65,216 

1003 

Q4 

$1,239,298,111 

65,236 

999 

 

$4,839,862,203 

 

 

 

 

 

Q4 Comparison 2019-2024 

Q4 

2019 

2020 

20211 

2022 

2023 

2024 

Hotels 

$701,063,025 

$739,096,939 

$728,628,742 

$899,630,037 

$937,433,296 

$1,010,418,688 

Clubs 

$1,004,898,622 

$1,071,440,618 

$675,645,060 

$1,180,551,251 

$1,159,350,522 

$1,239,298,111 

Total 

$1,705,961,646 

$1,810,537,557 

$1,404,273,802 

$2,080,181,288 

$2,096,783,818 

$2,249,716,799 

+/- previous yr 

 

+6% 

-22% 

+48% 

+1% 

+7% 

 

 

 

Year 

Total losses 

CY 2018 

$6,464,381,586  

CY 2019 

$6,619,322,076  

CY 2020 

$5,781,708,814  

CY 2021 

$5,308,171,499  

CY 2022 

$8,107,426,324  

CY 2023 

$8,129,629,332  

CY 2024 

$8,641,513,915 

 

 

ENDS

 

Wesley Mission CEO, Rev Stu Cameron, is available for interview

 

Media contact: Anne Holt 0418 628 342 or anne.holt@wesleymission.org.au

 

Wesley Mission is a community services organisation that supports more than 150,000 people annually and advocates against systemic inequity so everyone can thrive. We are also a church, where spiritual growth, connection and hope are available to all.

Together, we pursue a singular vision of doing all the good we can.

 

 

 

 

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