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Collingwood cuts ties with gambling revenue, sells poker machines

Alliance for Gambling Reform director Tim Costello congratulated Mr McGuire and the board for divesting from the “toxic” industry. “Well done Eddie. You are a trailblazer who is looking after the battlers and leading by example,” Mr Costello said. Collingwood’s announcement follows the lead of Melbourne Football Club, which pulled out of the lucrative business earlier this year. Geelong has also reduced its pokies reliance. Gamblers lost the most money to Hawthorn clubs last year, at $23.29 million, followed by Carlton clubs on $17.6 million. Mr Costello said focus would now turn to Essendon, calling on it to withdraw a proposal for a new 24-year venue lease at the Melton Country Club. The Coach & Horses club made $2,489,776 from 90 machines in the six months to December last year. The club made $4,521,400 from 66 machines. “The sales – and Collingwood’s complete and immediate exits from the gaming industry – are part of a strategic repositioning of the Collingwood business,” a club statement said on Tuesday.

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