Gaming venue operators in Victoria have until Friday to pay supervision charges for the 2017-18 financial year, with penalties applying for late payment.
The Victorian Commission for Gambling and Liquor Regulation (VCGLR) has issued invoices for the supervision charge to all gaming venue operators. Victoria’s gaming venue operators are required to pay the supervision charge every financial year, to recover the costs of regulating the gaming industry in the state.
The invoices issued by VCGLR cover the period from 1 July 2017 to 30 June 2018 and is calculated and invoiced in arrears. The invoice must be paid in full as a single payment, with payments due to the VCGLR by 3 May 2019. Any payment received after this date will incur a late payment penalty at a rate of 20 per cent per annum.
The 2018-18 unit values were determined by the Treasurer and published in the Government gazette on 28 March 2019, and each venue operator’s charge is calculated using the following values:
- Per entitlement unit charge is $11.66
- Per operating electronic gaming machine unit charge is $189.25.
The VCGLR collects the supervision charge and provides this to the Department of Treasury and Finance.
Any venue operators who sold or transferred out all their gaming machine entitlements during the 2017-18 financial year will incur a supervision charge for the period the entitlements were held, and the period any electronic gaming machines operated during that year.
Any venue which has not yet received its invoice should contact the VCGLR immediately.