WEST WATERS HOTEL

Net EGM- Expenditure
Net EGM expenditure is the total amount lost by players.

Financial Year 2023/24 2022/23 Jul - Dec Jan - Jun Full Year $0.00 $0.00 $0.00 $5,784,697.68 $0.00 $5,784,697.68

PLEASE NOTE that the "Net Electronic Gaming Machine Expenditure" amount appearing above is based on data that may not have been fully audited to date. Any changes are unlikely to have a material effect on the figures provided. The data is audited on an ongoing basis during each financial year to produce the annual net expenditure amount appearing above.

Other Details:

Conditions:
For any annual community contribution that is due and payable in 2020, the amount of the community contribution may be deferred until 1 July 2021.


Community contributions:

(a) The operator of the premises (the Venue Operator) has previously established the West Waters Hotel Community Grants Program (the Program).

(b) If this application is approved, the Applicant undertakes to do the following:

(i) Make the cash contributions referred to in Condition 1(b)(ii) whilst and so long as any of the additional ten (10) additional electronic gaming machines (Additional EGMs) operate at the Premises up to 15 August 2022 .

(ii) The additional annual cash contribution will be in the sum of $20,000 (indexed each year by CPI all groups Melbourne) (the Additional Contribution).

(iii) The Additional Contribution will be allocated each year to not-for-profit community and sporting organisations in the Eastern Corridor of Melton. The Eastern Corridor comprises Caroline Springs, Burnside, Burnside Heights, Rockbank, Hillside, Taylors Lakes and Diggers Rest (the Eastern Corridor).

(c) The distribution of the Additional Contribution in accordance with Condition 1(b) is to be determined by the committee that has been established and currently administers the Program.

(d) The Venue Operator currently makes annual contributions in the sum of $155,000 (indexed to CPI) for a period of 10 years from the commencement of the operation of the Premises (being 17 December 2010) as follows:

(i) $100,000 each year towards cash grants for not for profit community and sporting organisations in the Eastern Corridor of Melton in accordance with the guidelines of the Program;

(ii) $20,000 each year towards welfare purposes in the Eastern Corridor of Melton, with such amount to be allocated at the discretion of Council; and

(iii) The balance, namely $35,000, is paid to Council each year and applied by Council toward the provision of a problem gambling/financial counsellor employed by Council and who assists persons living in the Eastern Corridor of Melton;

(the Existing Contributions).

(e) The Venue Operator will continue to pay each year the Existing Contributions until 16 December 2020.

(f) At the end of each annual reporting period, if any part of the Additional Contribution and/or the Existing Contributions remain unallocated, the Venue Operator must allocate the entire unpaid sum at its sole discretion, provided that the monies are allocated to not-for-profit community and sporting organisations in the Eastern Corridor.