Currently, Collingwood Football Club is facing a significant challenge concerning its gaming machine entitlements. The club recently participated in a state government auction to acquire entitlements for gaming machines at their venues. While Collingwood was successful in purchasing all the entitlements they sought, the prices paid for hotel gaming entitlements were notably higher than those for club venues, driven by increased demand. This situation has raised concerns about the financial implications for the club’s gaming portfolio moving forward.
In response to these developments, Collingwood’s General Manager of Gaming & Legal, Dale Curtis, issued a statement to supporters. He acknowledged the challenges posed by the increased costs but emphasized that the club’s success in acquiring the necessary entitlements ensures the continued viability of their gaming operations. Curtis assured fans that the club would keep them updated on the status of their gaming portfolio as they navigate these financial considerations.
This situation highlights the broader challenges faced by sports organizations in managing their financial portfolios, particularly when external factors influence the costs associated with their operations. Collingwood’s proactive communication with supporters demonstrates their commitment to transparency and responsible management during this period.
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