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Australian casino revenue growth halts

2003-01-25 00:00:00

According to a survey held by the Australian Casino Association the growth of Australian casino revenues has halted, while the number of visits to Australian casinos has more or less remained the same.

Chris Downey, chairman of the Australian Casino Association, attributes this trend to a maturing gambling market. Critics say they are uncertain whether this trend will continue, and casino revenues might even increase if casinos decided to introduce new products and promotions.

Spokesmen of various anti-gambling groups commented that the time to cut back on harm minimization initiatives has not yet come, though they feel the sharp decline in casino revenue growth shows their initiatives are working.