@hammertime said:@Yossarian said:Don't get me wrong Hammer, I do actually like clubs but they are also magnets for waste and greed. To say money doesn't go into private hands is just not true. Plenty of the money you and I give the club ends up in the pockets of non-community people through waste, mismanagement, or outright corruption.
Sure, maybe some mate. But really, you are talking small percentages and implying boards in clubs are easily corrupted, more so than private enterprise. That's just not true.
God knows how many junkets and free dinners I've been to in banking - now that is waste.
Sure, some may not be as efficient as business. But they have the right focus and the money comes back to us. Anything else is semantics.
@Yossarian said:As I said above, I don't support the pre-commitment cards but I do think they can reduce the upper betting limits. $1 a push should be more than enough for anyone. Letting people bet $5 or $10 a spin is reprehensible.
I agree with that, but the people we are probably talking about are on the lower end of income earners. Even a $1 a push might be trouble. In my mind, you would have to reduce it below that to have any impact and that would really stifle revenue.
I'm not saying a large % are corrupt I'm saying a large % waste money or are woefully inefficient due to poor management. They're selling booze to Australians AND they have poker machines and some of them still find a way to lose money. It's a valid concern if they want to run around spruiking how much of a community asset they are. You'd expect the same out of any NFP organisation. Besides banks are accountable to shareholders, some of whom might actually read and understand the reporting. Who reads let alone comprehends the financial reports clubs put out? Yes I know some auditing takes place but 1) you never know the relationship of the auditor to the directors (it's ususally a surburban outfit/person doing them) and 2) they probably just add up the amounts and don't dig too deep into what "miscellaneous" expenses might be.
I agree $1 is still a worry but it's a start. I'm just suggesting they could easily make some changes that would have positive effects. Even if reducing bet limits and slowing the reel speed led to a 10% reduction, that's a result and at little or no cost to the clubs. I just get tired of the club industry blanket opposing any reforms - to suggest people being able to gamble $10 a go each 5 seconds is beneficial to the community is simply an outrage.