Here you will find news articles and updates relevant to the club industry. Please note that circulars are only visible to club representatives that are logged into the Clubs New Zealand website.
Gambling Commission Rules That Clubs are Entitled to a Reduced Authorised Purpose Return and May Retain a Greater Amount of Gaming Proceeds as Working Capital – Covid-19 Relief
17 February 2021
A recent decision from the Gambling Commission has paved the way for clubs to apply to have their minimum authorised purpose percentage for their current financial year waived. The decision also enables clubs to hold a larger amount of gaming machine proceeds in reserve as working capital.