Approved Trading System - Gaming Machine Trading Round Information

On 14 July 2011, the South Australian Government introduced a new approved trading system to allow eligible persons to purchase and sell gaming machine entitlements. Full details are prescribed in the Gaming Machines Regulations 2005.

Under the new approved trading system the purchase price of a gaming machine entitlement is no longer fixed at $50,000. This means that when a trading round is announced an eligible person can submit a written offer to-

purchase a gaming machine entitlement and specify the highest price that they would be willing to pay for the entitlement if their offer was accepted; and

sell a gaming machine entitlement and specify the lowest price that they would be willing to accept as payment for the entitlement if their offer was accepted.

Trading round announcements are shown below.