Why is the Pre-Auction Club offer based on licensed clubs operating with machines from 4 June 2009?
The legislation for gaming machine arrangements including the Pre-Auction Club Offer was announced in Parliament on 4 June 2009. Published: 20 August 2009 • 13. Does the price of the Club Offer reflect the expected price of an entitlement at the Gaming Auction? No, the price of entitlements in the gaming auction will be determined by the market price for the entitlements on the auction day. Published: 20 August 2009 • 14. What happens if a club does not respond to the Information Pack in the 14-day period? If a club does not respond within 14 days, there will be no further opportunity for the club to question any of the detail determined by the VCGR before the Club Offer opens in October 2009. Clubs who receive the Pre-Auction Club Offer Information Pack must sign a copy of the form provided in the Information Pack stating they are willing to receive the offer of gaming machine entitlements calculated in accordance with the details provided in the letter (noting this does not bind them
