Re:Legalizing Sports Gambling Was a Mistake
by lodovic on Friday September 27, 2024 @02:10AM
(#41666805)
because the gambling machines mainly fund the people who own these machines, not the club. the club could hold a single bingo evening and raise more money than a month of gambling machines would bring.
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Re:Legalizing Sports Gambling Was a Mistake
by ikr678 on Sunday September 29, 2024 @09:26PM
(#41692547)
If the club holds the license the club owns the machines. Clubs are not for profits and need to return 100% of profits to the club & facility.
In practice this takes the form of Club Board members giving themselves generous contracts to renovate/clean/manage aspects of the club (via services companies that they or a family member own).
There are sports leagues clubs in NSW that rival small Las Vegas casinos in facilities and amenity.