Lucky Red Casino

Packer crying poor over proposed reforms

Discussion in 'Outside of USA' started by Koz1984, Oct 27, 2011.

  1. Koz1984

    Koz1984 Well-Known Member

  2. AussiePlayer

    AussiePlayer Well-Known Member

    This is the real reason Australian casinos offer such crap games!
     
  3. StudiodeKadent

    StudiodeKadent Well-Known Member

    Not necessarily. Macau casinos have a gambling tax of >50% but their blackjack games have lower house edges than in Vegas (0.10% at MGM and Wynn Macau).

    You can't reduce economic efficiency to tax rates. There are many other factors involved. Tax rates are of course important, you just can't overestimate their importance.

    If you want to improve Australian casinos, you need the following things;

    1) Competition and lots of it
    2) A more informed consumer base
    3) Less regulations and taxes in general to lower operating costs.
     

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