EGM Return To Player (RTP)

The ‘Return to Player’ (RTP) rate is the percentage of the monies gambled (in games of chance) that is required by law to be paid back to gamblers as ‘winnings’, over time.

The “player” in RTP refers to the many players, taken as a collective as some may get back more than they bet and others will get back much less than they bet.
On an electronic gaming machine, millions of games may be played before a machine pays out its RTP.

In Victoria the minimum RTP has historically been set at 87% but effective April 2014 the minimum RTP can, if a club wishes, decrease to 85%.

CCV strongly suggests

Clubs contact us before considering a reduction in RTP and should reflect on the following:

  • Clubs have generally expressed a wish not to ‘short change’ their members and guests by reducing RTP across the board.
  • An RTP regime of 87%-90%+ is universally accepted as necessary to create value for customers.
  • The actual game RTP for many EGM’s with stand-alone jackpots is well below 85% already, and to reduce it further may well make the game unattractive for customers. In any case, in discrete markets across Victoria, no one would want to be seen as taking more way from customers.
  • There are no currently approved versions of games at 85% RTP, and to implement such a change would be a long-term imitative involving development of new game versions, testing and approvals.
  • RTP is not gaming’s version of the magic pudding – reducing it does not create one extra dollar of spending power for members and guests, and therefore does not create additional revenue.

EFTPOS & Cash-out Facilities in Gaming Venues

Effective 19 September, 2018 the Gambling Regulation Act 2003 prescribes a ceiling of $200 per cash withdrawal and maximum withdrawal of $500 in a 24 hour period apply Access to cash facilities in gaming venues. New offences will also come into effect prohibiting cashing of cheques at gaming venues or exchanging for gaming credits.

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