A Poker Machine Entitlement is the Right to Install and Operate a Poker Machine in a Club or Hotel.
Poker machines entitlements are extremely valuable. As such, lenders often require poker machine entitlements to be taken as security.
Can Poker Machine Entitlements be Transferred Separately From a Hotelier's Licence?
Poker machine entitlements are capable of being held and transferred.
As a general rule:
1. poker machine entitlements cannot exist separately to a hotelier's licence. If a hotelier's licence is sold, the poker machine entitlements will usually travel with the licence;
however
2. poker machine entitlements can be transferred separately from one hotelier's licence to another, with the approval of the Liquor Administration Board. In such cases, applicants must demonstrate to the Board that the proposed transfer is supported by each person who has a financial interest in the hotelier’s licence. A person is taken to have a financial interest if they are
