Just 12 poker machine authorisations remain for the ACT government meet its goal to reduce the number of machines in the territory to 4000 by 2020.
Attorney-General Gordon Ramsay will on Monday announce 934 machine authorisations by ACT clubs have been either voluntarily surrendered or forfeited through trading, at a cost of about $14 million.
The government had offered $12,000 in cash to small and medium clubs for every gaming machine authorisation given up, while larger clubs were offered discounts on land-related costs.
While the reduction in the number of licences is significant, the reduction in the number of machines seen on the floor of the ACT's clubs will not be at the same level. On November 30 last year there were 4283 machines in operation across Canberra's 44 venues, well below the 4982 authorisations owned by clubs.
Of the $14 million price tag, only $648,000 of that is cash incentives, with the bulk made up of other incentives available to clubs over the next seven years.
"It is great that the club industry has engaged in the voluntary surrender process laid out by the Government," Mr Ramsay said.
"I would particularly like to acknowledge those clubs that met or exceeded their surrender obligation through this process."
As part of the process, the Southern Cross Yacht Club made the decision to remove all of its gaming machines altogether. The club would receive extra benefits for doing so, the Attorney General said.
If the remaining 12 authorisations are not voluntarily surrendered by the end of February, the government will begin a process of compulsorily removing the licenses, although it is considered unlikely that the action will be necessary.
If compulsory acquisitions are needed, the process will start on April 1 this year, and under previous plans half would be removed this year and half next year.
The policy to reduce the number of pokie machines in the ACT by 20 per cent was part of the agreement between Labor and the Greens when the parties formed government after the 2016 election.
While Canberra clubs hadn't been using their full allocation of licences for machines, many had been holding on to them in case they were needed in future or could be sold to the redeveloped Canberra Casino for a lucrative price.
The future of the Canberra Casino development, which had been permitted to buy 200 licenses off existing clubs,
after its plans were rejected by the ACT Government in December last year.