123ArticleOnline Logo
Welcome to 123ArticleOnline.com!
ALL >> Business >> View Article

Regulations For Victoriangaming License

Profile Picture
By Author: Salvatore Andrea
Total Articles: 6261
Comment this article
Facebook ShareTwitter ShareGoogle+ ShareTwitter Share

As per the existing rules in Victoria, it is mandatory that anybody wishing to organise gambling should get the permission of the stipulated authorities. In the case of Victoria, the power for licensing games and gambling activities are vested with Victorian Commission for Gambling and Liquor Regulation (VCGLR). It is the duty of the VCGLR to implement the government’s policies on gambling and liquor. It is accountable both under the Federal and state laws. Standards and directions from the concerned ministry will be sending to the commission for its implementation and regulation.victorian gaming licence is issued by VCGLR according to the provisions

Decision Reviews

The decisions taken by the authority is not final and it is subject to the judicial review. Victoria Civil and Administrative tribunal is the first authority of review and the final authority is the supreme court of Victoria. Ombudsman of Victoria and Auditor general of Victoria are also vested with reviewing powers. VCGLR submits its report ...
... every year to the Victorian parliament. Minister for gaming in the Government of Victoria is responsible for VCGLR and his duty is limited to giving necessary directions for licensing of games in the state and he is not supposed to interfere with individual applications for license. The gambling regulation act of 2003 and the casino control act of 1991 are the two major legislations that govern the licensing rules in Victoria. Freedom of information act gives the general public the right to know about the activities of the commission and this is to eradicate any possibility for corruption in the issue of licensing for games.

Contribution to Community Welfare

Licensing for games and gambling is aimed at making money for developmental activities. Prize winners are exempted from paying tax as it is not considered as income but all the other activities related to gaming and gambling are taxed as a measure of community welfare. Even conducting lottery for needs of business promotion requires lottery permit from the concerned authorities. No business establishment can conduct a promotional lottery with a prize money of over $5000 or more.

Total Views: 206Word Count: 344See All articles From Author

Add Comment

Business Articles

1. Lucintel Forecasts The Global Satellite Operations As A Service Market To Grow With A Cagr Of 13.3% From 2025 To 2031
Author: Lucintel LLC

2. Lucintel Forecasts The Global Satellite Operation As A Service Sale Market To Grow With A Cagr Of 13.5% From 2025 To 2031
Author: Lucintel LLC

3. Ticket Booking Api
Author: RishiHassan

4. Jewelry Photo Magic: Unveiling The Tricks Of Professional Editing
Author: ukclippingpath

5. How Outsourced Accounting Services Improve Cash Flow Visibility
Author: Harsh Vardhan

6. 5 Ways To Make Homes Safer For Seniors
Author: Jack Jones

7. اكتشفي أناقتك مع متجر عبايات: دليلك للتسوق المثالي
Author: Max

8. When Is Assisted Living Needed? 5 Signs To Watch Out For
Author: Jack Jones

9. How To Document Nonconformities In Iso 22000 Audits
Author: Jane

10. Elevate Your Career Opportunities With A Supply Chain Management Certification
Author: jayesh

11. Kpi Vs. Okr: Understanding The Difference For Smarter Goal Setting
Author: TrackHr App

12. Explore The Fascinating Businesses And Landmarks Found Along Luz Church Road
Author: jayesh

13. High Temperature Superconductors Market Size & Share, Analysis 2031
Author: Andy

14. Maximize Medical Practice Profits With Expert Revenue Cycle Management In Houston
Author: patriotmedbill

15. Enhancing Quality Of Life: The Role Of Senior Living Property Management Companies
Author: Trinity Diaz

Login To Account
Login Email:
Password:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: