Weeks after buying up many of the town's hotels and pubs, Iris Capital reveals plans to add dozens more pokies into a community already stricken with deep-running social problems.
The Northern Territory government has backed the company's $250 million investment pipeline for the outback town, and last year agreed to fix the taxation rate on gaming machines at 15 per cent for the next decade.
"It's a very small number of people who will play these machines weekly, for example, but we know that 50 per cent or more of these people who play them weekly have problems and are experiencing harm from their gambling." Mr Bruce argued that the gambling industry was well-regulated and problem gambling was not a big issue in the Territory.
"[Gaming machines are] one of the the most visible, the most highly regulated, and the most highly taxed forms of gambling."
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