00:00 It was decried as being flawed and unviable by Star Casino, the company it was due to
00:07 affect.
00:08 Now, the NSW Government has delayed full implementation of its poker machine tax hike until 2030,
00:15 with transitional arrangements in place till then.
00:18 Doing the heavy lifting?
00:19 A new levy on profits.
00:21 The new arrangement will see the introduction of a transitional levy for the next seven
00:25 years.
00:26 The NSW Government is predicting that will generate $2.7 billion over the next decade.
00:32 Star will be required to pay more tax as their revenue goes up.
00:38 The Greens don't like those odds.
00:40 He's predicting this money that will come in on the basis of Star doing well.
00:45 That's not good enough for NSW.
00:48 The Opposition's accused the Government of being soft on gambling reform.
00:52 They promised to do something and what they've done is to reward their union mates and give
00:57 the big casino a big tax break.
00:59 You can't collect tax from a dead business.
01:02 The move's also shocked and disappointed one anti-gambling campaigner.
01:06 This says that Chris Mins is really captured and the Labor Party by gambling interests.
01:12 Under the deal, all gaming machines at Star will go cashless by September next year.
01:17 It'll also ensure at least 3,000 jobs between now and 2030.
01:21 Stress levels, anxiety levels were enormous right throughout the property for all departments
01:27 and all team members.
01:30 The uncertainty of it all was very worrying.
01:32 Star Entertainment Group is still trying to repair its reputation after being fined $100
01:37 million and having its casino license suspended over money laundering.
01:42 It'll be hoping this reprieve gives it more time to recover from what's been a tumultuous
01:47 few years.
01:47 [BLANK_AUDIO]
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