Cashless Pokies
2021年3月14日Register here: http://gg.gg/onnx8
Cashless Pokies Coming to NSW? Pokies are massively popular in New South Wales, where their number (91,000) is only surpassed by the American state of Nevada. In 2019, profits in NSW pubs and clubs surged to over $6.5 billion, which is more than the GDP of Fiji. A move to introduce cashless poker machines across NSW has been welcomed by anti-gambling advocates, despite concerns that gamblers using a pre-loaded card could lose the sense they were forking out ’real’ money.
*»News
*»NSW Pokies Cause Concern For Crime Commission
Photo by Nathana RebouçasThe Australian economy could become a place for ill-gotten money, a New South Wales government body fears.
Cashless poker machines could be the way forward for NSW pubs and clubs, with players required to register for a government-issued gambling card and pre-load money onto it. The card would be linked to the state’s exclusion register to block out self-excluded gamblers.
The Sydney Morning Herald reports that the NSW Crime Commission fears Australia’s management of the COVID-19 crisis could lead to it becoming a place for international criminals to launder money.
The commission’s concerns emerged as new figures show the state’s poker machine profits in the final months of 2020 were up on the year before, fuelling concerns about the widespread exploration of the machines as a money laundering avenue for criminals.
Figures from Liquor and Gaming NSW for November and December show gaming machine profits were $582.7 million and $629.6 million over the two months, increases of 1.8 per cent and 6.5 per cent in the same period in 2019.
Between July and December, total gaming machine profits were $4.4 billion, up from $4 billion in the last six months of 2019.
About 96,000 poker machines are distributed across 4000 venues in New South Wales, including 1500 machines at the Star casino in Sydney.
The statewide increase in profits in 2020 occurred despite curbs on trading in pubs and clubs during COVID-19 restrictions.Cashless Gambling Push by the NSW Government
Photo CreditNSW Customer Service Minister Victor Dominello is pushing to introduce a gambling card to help problem gamblers while also curtailing money laundering.
Under the proposal, poker machines would become cashless and gamblers required to register and pre-load money to the card.
Troy Stolz, a former Clubs NSW anti-money laundering compliance auditor turned whistleblower, said illicit funds were a “massive” driver of poker machine turnover.
“All they are doing is cleaning the drug money so they can circulate it in the economy without being pulled up,” he said.
Mr Stolz said it was difficult to know how much of the money going through machines was illicit because venues were turning a blind eye and not meeting their responsibilities to monitor and measure the turnover.
NSW poker machines are particularly attractive to criminals because of the high load-up limit, which is significantly larger than other states.
Poker machines can be used to wash money by depositing the illicit funds and after a short period of gambling, withdrawing the balance along with a legitimate record of the transaction.
In its recently released annual report, the NSW Crime Commission said the closure of casinos, pubs and clubs in the early months of 2020 curtailed opportunities for money laundering, causing large amounts of money to be stockpiled.
Predicting a resurgence in the movement of illegal funds in the post-pandemic recovery, the commission warned of risks for Australia as a result of its economic attractiveness.
“It is possible that Australia will be perceived as a safe haven for the legal and illegal transfer of international funds following the way it handled its COVID-19 response,” the commission concluded.
“A similar observation was made following the global financial crisis several years ago, which saw a large volume of international funds flow into Australia because of the way that it had avoided the crisis.”
The commission warned that distinguishing illegal funds from legitimate investment in Australia would be a “significant challenge” for law enforcement agencies.
The US State Department has previously pointed to Australia as a major money laundering country, listed as a “jurisdiction of primary concern.”
Pokies are massively popular in New South Wales, where their number (91,000) is only surpassed by the American state of Nevada. In 2019, profits in NSW pubs and clubs surged to over $6.5 billion, which is more than the GDP of Fiji.
Despite this success, the government is working hard to fight addiction and others negatives associated with legal gambling. Since June of 2017, more than 1,350 pokies have been removed from venues. And now, the state looks poised to take additional actions that are sure to please anti-gambling advocates.Cashless Poker Machines
According to a report by The Sydney Morning Herald, the NSW government is proposing a series of gambling reforms. If they pass, these reforms will require gamblers to register in order to receive a government-issued card.
The purpose of this card? Well, it’s meant to replace cash at pubs and clubs. Money is loaded onto the card, and it’s deducted as the player tries their luck on the pokies. It’s similar in function to the Opal card, which is accepted on public transport services across NSW.
In addition, the card would be linked to the NSW exclusion register. If the holder was one of the state’s thousands of self-excluded punters, then they would be unable to use it.Previous Legislation
Last week, senior cabinet minister Victor Dominello unveiled a draft of harm minimization for the public. There was no mention of a gambling card, but it did suggest using facial recognition technology to identify problem gamblers.
Mr. Dominello has gathered crossbench support to make sure that any new legislation can pass. This includes both the Greens and Mark Latham of One Nation.
He also added that NSW held the title of “poker machine capital of Australia.” And considering that the industry is worth $6 billion, he’s determined to bring it into the modern age.Cashless Pokies In PublicAn Unexpected Surprise
Then, on Saturday, the NSW government made the proposal regarding cashless pokies. According to a spokeswoman for ClubsNSW, it “appears to have caught everyone by surprise.”
At the moment, the government is waiting for additional information on how the card would work. They’re specifically interested in safeguards to avoid any unforeseen negative consequences.Cashless Pokies PicsReactions to the Proposal
While gambling clubs were blindsided by the proposal, their public reactions have been measured.
A spokeswoman for ClubsNSW said, “ClubsNSW looks forward to the opportunity to engage with the NSW government in a construction and respectful manner.”
Meanwhile, a representative of Pyrmont’s Star Casino said the organization looks “forward to engaging with government on the details of what has been mentioned.”Cashless Pokies Pictures
While they’ve been respectful in their replies, the NSW gaming industry is likely to fight any changes. They have already criticized the harm minimization legislation, complaining that implementing facial recognition would cost millions. Since the cashless system would require replacing or modifying every pokie in the state, I expect the resistance to be fierce.
Meanwhile, some were quite pleased with the proposal. Tim Costello, chief advocate of the Alliance for Gambling Reform, said the NSW government “seems to have finally recognized the immense damage poker machines do in the state.”An Influx of Punters
If cashless poker machines come to NSW, the timing couldn’t be better. There’s been a major influx of punters in gambling establishments, and many of them are coming from across the border.
Due to the coronavirus, clubs in the Australian Capital Territory remain closed as a precaution. However, punters from Canberra and others location are simply driving into NSW.
In August, a newspaper article stated that 40% of patrons in NSW border clubs were coming from NSW. In Queanbeyan, almost half the recent customers in pubs and clubs have journeyed from Canberra. Current safety measures require club patrons to sign in, so it’s easy to keep track of where they come from.Cashless Pokies Images
According to Jeremy Wyatt, Queanbeyan Leagues Club general manager, “Our trade has been up since reopening when compared to pre COVID-19 restrictions, we think largely due to the increase in patronage from the ACT.”Additional Reading
For more news on gambling in Australia and abroad, take a look at the following:Latest News
*South Australians Rush Back to Pokies
December 4, 2020
*No More Pokies for Geelong Cats
November 28, 2020
*Crown Sydney Casino Opening on Hold
November 20, 2020
*Man Sentenced for Gambling-Related Kidnapping
November 15, 2020
Register here: http://gg.gg/onnx8
https://diarynote-jp.indered.space
Cashless Pokies Coming to NSW? Pokies are massively popular in New South Wales, where their number (91,000) is only surpassed by the American state of Nevada. In 2019, profits in NSW pubs and clubs surged to over $6.5 billion, which is more than the GDP of Fiji. A move to introduce cashless poker machines across NSW has been welcomed by anti-gambling advocates, despite concerns that gamblers using a pre-loaded card could lose the sense they were forking out ’real’ money.
*»News
*»NSW Pokies Cause Concern For Crime Commission
Photo by Nathana RebouçasThe Australian economy could become a place for ill-gotten money, a New South Wales government body fears.
Cashless poker machines could be the way forward for NSW pubs and clubs, with players required to register for a government-issued gambling card and pre-load money onto it. The card would be linked to the state’s exclusion register to block out self-excluded gamblers.
The Sydney Morning Herald reports that the NSW Crime Commission fears Australia’s management of the COVID-19 crisis could lead to it becoming a place for international criminals to launder money.
The commission’s concerns emerged as new figures show the state’s poker machine profits in the final months of 2020 were up on the year before, fuelling concerns about the widespread exploration of the machines as a money laundering avenue for criminals.
Figures from Liquor and Gaming NSW for November and December show gaming machine profits were $582.7 million and $629.6 million over the two months, increases of 1.8 per cent and 6.5 per cent in the same period in 2019.
Between July and December, total gaming machine profits were $4.4 billion, up from $4 billion in the last six months of 2019.
About 96,000 poker machines are distributed across 4000 venues in New South Wales, including 1500 machines at the Star casino in Sydney.
The statewide increase in profits in 2020 occurred despite curbs on trading in pubs and clubs during COVID-19 restrictions.Cashless Gambling Push by the NSW Government
Photo CreditNSW Customer Service Minister Victor Dominello is pushing to introduce a gambling card to help problem gamblers while also curtailing money laundering.
Under the proposal, poker machines would become cashless and gamblers required to register and pre-load money to the card.
Troy Stolz, a former Clubs NSW anti-money laundering compliance auditor turned whistleblower, said illicit funds were a “massive” driver of poker machine turnover.
“All they are doing is cleaning the drug money so they can circulate it in the economy without being pulled up,” he said.
Mr Stolz said it was difficult to know how much of the money going through machines was illicit because venues were turning a blind eye and not meeting their responsibilities to monitor and measure the turnover.
NSW poker machines are particularly attractive to criminals because of the high load-up limit, which is significantly larger than other states.
Poker machines can be used to wash money by depositing the illicit funds and after a short period of gambling, withdrawing the balance along with a legitimate record of the transaction.
In its recently released annual report, the NSW Crime Commission said the closure of casinos, pubs and clubs in the early months of 2020 curtailed opportunities for money laundering, causing large amounts of money to be stockpiled.
Predicting a resurgence in the movement of illegal funds in the post-pandemic recovery, the commission warned of risks for Australia as a result of its economic attractiveness.
“It is possible that Australia will be perceived as a safe haven for the legal and illegal transfer of international funds following the way it handled its COVID-19 response,” the commission concluded.
“A similar observation was made following the global financial crisis several years ago, which saw a large volume of international funds flow into Australia because of the way that it had avoided the crisis.”
The commission warned that distinguishing illegal funds from legitimate investment in Australia would be a “significant challenge” for law enforcement agencies.
The US State Department has previously pointed to Australia as a major money laundering country, listed as a “jurisdiction of primary concern.”
Pokies are massively popular in New South Wales, where their number (91,000) is only surpassed by the American state of Nevada. In 2019, profits in NSW pubs and clubs surged to over $6.5 billion, which is more than the GDP of Fiji.
Despite this success, the government is working hard to fight addiction and others negatives associated with legal gambling. Since June of 2017, more than 1,350 pokies have been removed from venues. And now, the state looks poised to take additional actions that are sure to please anti-gambling advocates.Cashless Poker Machines
According to a report by The Sydney Morning Herald, the NSW government is proposing a series of gambling reforms. If they pass, these reforms will require gamblers to register in order to receive a government-issued card.
The purpose of this card? Well, it’s meant to replace cash at pubs and clubs. Money is loaded onto the card, and it’s deducted as the player tries their luck on the pokies. It’s similar in function to the Opal card, which is accepted on public transport services across NSW.
In addition, the card would be linked to the NSW exclusion register. If the holder was one of the state’s thousands of self-excluded punters, then they would be unable to use it.Previous Legislation
Last week, senior cabinet minister Victor Dominello unveiled a draft of harm minimization for the public. There was no mention of a gambling card, but it did suggest using facial recognition technology to identify problem gamblers.
Mr. Dominello has gathered crossbench support to make sure that any new legislation can pass. This includes both the Greens and Mark Latham of One Nation.
He also added that NSW held the title of “poker machine capital of Australia.” And considering that the industry is worth $6 billion, he’s determined to bring it into the modern age.Cashless Pokies In PublicAn Unexpected Surprise
Then, on Saturday, the NSW government made the proposal regarding cashless pokies. According to a spokeswoman for ClubsNSW, it “appears to have caught everyone by surprise.”
At the moment, the government is waiting for additional information on how the card would work. They’re specifically interested in safeguards to avoid any unforeseen negative consequences.Cashless Pokies PicsReactions to the Proposal
While gambling clubs were blindsided by the proposal, their public reactions have been measured.
A spokeswoman for ClubsNSW said, “ClubsNSW looks forward to the opportunity to engage with the NSW government in a construction and respectful manner.”
Meanwhile, a representative of Pyrmont’s Star Casino said the organization looks “forward to engaging with government on the details of what has been mentioned.”Cashless Pokies Pictures
While they’ve been respectful in their replies, the NSW gaming industry is likely to fight any changes. They have already criticized the harm minimization legislation, complaining that implementing facial recognition would cost millions. Since the cashless system would require replacing or modifying every pokie in the state, I expect the resistance to be fierce.
Meanwhile, some were quite pleased with the proposal. Tim Costello, chief advocate of the Alliance for Gambling Reform, said the NSW government “seems to have finally recognized the immense damage poker machines do in the state.”An Influx of Punters
If cashless poker machines come to NSW, the timing couldn’t be better. There’s been a major influx of punters in gambling establishments, and many of them are coming from across the border.
Due to the coronavirus, clubs in the Australian Capital Territory remain closed as a precaution. However, punters from Canberra and others location are simply driving into NSW.
In August, a newspaper article stated that 40% of patrons in NSW border clubs were coming from NSW. In Queanbeyan, almost half the recent customers in pubs and clubs have journeyed from Canberra. Current safety measures require club patrons to sign in, so it’s easy to keep track of where they come from.Cashless Pokies Images
According to Jeremy Wyatt, Queanbeyan Leagues Club general manager, “Our trade has been up since reopening when compared to pre COVID-19 restrictions, we think largely due to the increase in patronage from the ACT.”Additional Reading
For more news on gambling in Australia and abroad, take a look at the following:Latest News
*South Australians Rush Back to Pokies
December 4, 2020
*No More Pokies for Geelong Cats
November 28, 2020
*Crown Sydney Casino Opening on Hold
November 20, 2020
*Man Sentenced for Gambling-Related Kidnapping
November 15, 2020
Register here: http://gg.gg/onnx8
https://diarynote-jp.indered.space
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