Pokies and Insurance

Pokies and Insurance

Putting in pokies, Laptops or Computers? Check out whether you’re insured

With the downturn in sales during Covid, many hotels are adding poker machines to their venues to boost profits. Whilst this might seem like a great idea, there are things you should know before you take the plunge.

Let’s look a little at the history of the machine first.

“Fruit machines” as they were once known, became popular in Melbourne in 1895 when the publican, Frederick Pollock, of Her Majesty’s Hotel, was exhibiting and selling these at his pub. Tote machines became popular around the same time, for horse betting. They were then sent to South Australia where several were used in Tobacconist shops.

‘By 1898, the authorities in most Australian colonies had come down hard on the new form of gambling. The NSW Government legislated against the use of poker machines in 1898, as did other colonial governments.’ [1]

Despite them being illegal, they continued to flourish in golf and bowling clubs across NSW and Victoria. In 1939, taxes were imposed and in the early 1990’s, they were allowed into hotels, allowing publicans to compete with the clubs.

So, let’s go back to the original question: Are poker machines covered by insurance?

Yes, they come under the Electronic Insurance Policy component. This provides cover for loss or damage to any electronic equipment, including cash registers, printers, laptops, computers, bar coding systems etc.

Remember that conditions apply for all policies, so you need to check out what they are before considering what to rule out.

Why not have a quick chat to MyPub Insurance if you think you are looking at coverage for your electronic equipment.

#insurance #laptopinsurance #pokermachines #pokermachineinsurance #pubinsurance #computerinsurance #generalinsurance #electronicequipmentinsurance

Disclaimer: Any general advice in this email may not take into account your personal objectives, financial situation and needs.

[1] (Roberts, 2016)


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