AUTHOR: Jerry "Jet" Whittaker TITLE: Poker machine sell off threatens hoteliers DATE: 3:49 PM ----- BODY:
It's claimed hotel owners in country areas are being stripped of their livelihoods as poker machine entitlements are sold off by licensees. An increasing number of entitlements are being sold by licensees in the bush for as much as $100,000 per machine. A court case in 2001 set a precedent awarding entitlements to licensees, meaning if they're sold, the value of the Hotel will decrease dramatically if the Hotel lease was drafted prior to that case. Fifty regional hotels have been shut down since then and another 600 are under threat. Greg Evans, owner of the Railway Hotel in Temora in the NSW Riverina, says his licensee has already sold the entitlements for three machines and has placed the other nine on the market. He says the pub was valued at $450,000 when he and his brother Greg bought it in 1984 and that today, without poker machine revenue, it's worth about $200,000. The Democrats' Arthur Chesterfield Evans says the state government should be reviewing every sale on a case-by-case basis to prevent this sort of thing happening. He says the Department of Gaming and Racing simply bowed to pressure form the Australian Hotels Association, which said the process of reviewing every case would be too complex.
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