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Standard Cost Model Report - Gaming Regulation Amendment Act 2007

The Gambling Regulation Amendment Act 2007 amends the Gambling Regulation Act 2003 and reduces the administrative burden on approved gaming venues with a pub licence (hotel gaming venues) by simplifying reporting requirements.

The Standard Cost Model (SCM) measurement analysis conducted by the Office of Gaming and Racing (OGR) estimated that the resulting administrative burden reduction is $422,020 per year. This estimate represents the total cost over 247 hotel gaming venues.

The SCM report for the Gambling Regulation Amendment Act 2007 has been reviewed by the Victorian Competition and Efficiency Commission (VCEC). The VCEC found that the administrative burden measurement contained in the SCM report met the requirements of the Victorian Guide to Regulation.

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Author:	VCEC Letter - Victorian Competition and Efficiency Commission SCM Report - Department of Justice
Place of Publication:	VCEC Letter - Melbourne, Victoria SCM Report - Melbourne, Victoria
Publisher:	VCEC Letter - Victorian Competition and Efficiency Commission SCM Report - Department of Justice
Date of Publication:	VCEC Letter - 5 December 2007 SCM Report - 21 November 2007
Number of Pages:	VCEC Letter - 1 SCM Report - 11
Copyright:	State of Victoria, 2008.