Commonwealth legislation

Lotteries Commission Act 1990 (WA)(CI) - Ministerial Determination of Player Loss (May 2005)

RepealedCTH

This Act has been repealed and is no longer in force. It is retained for historical reference.

Jurisdiction

Commonwealth

Collection

legislative instrument

Plain English Summary

2/10 complexity

This determination sets the operator’s cut—the percentage of each dollar wagered counted as “player loss”—for various Christmas Island lottery games, fixing how much is retained versus returned as prizes.

It specifies higher margins for major jackpot games and lower margins for instant/keno, TipStar and Soccer Pools, affecting prize pools, operator revenue and player returns. It took effect in 2005.

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Current sections

Direct links to the current provisions in Lotteries Commission Act 1990 (WA)(CI) - Ministerial Determination of Player Loss (May 2005).

Lotteries Commission Act 1990 (WA)(CI) - Ministerial Determination of Player Loss (May 2005)

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Christmas Island Act 1958

Lotteries Commission Act 1990 (WA)(CI)

I, JAMES ERIC LLOYD, Minister for Local Government, Territories and Roads, acting under section 8G of the Christmas Island Act 1958 hereby determine that the percentage of player loss for the purposes of paragraph 24A of the Lotteries Commission Act 1990 (WA)(CI) is as follows:

(a) in respect of Tattslotto, Oz Lotto, Powerball and Wednesday Tattslotto – 87.5%;

(b) in respect of Instant Lotteries, Tatts Keno, Tatts 2 and Super 66 – 65.625%;

(d) in respect of Soccer Pools – 52.5%.

This determination commences on the same day as the Lotteries Commission Amendment Ordinance 2005 (No. 1) commences.

Dated 4th May 2005

JIM LLOYD

Minister for Local Government, Territories and Roads

Source text

Sourced from the Federal Register of Legislation (legislation.gov.au), CC BY 4.0.