Cashless pokies: Long-promised trial to start as money laundering risks increase

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Hundreds of pokie players will soon go cashless at the slots as part of a “digital wallet” trial | LucyCormack

Louie Douvis

“The trials will explore different technologies and solutions with the common goal of addressing harm minimisation and anti-money laundering,” he said. Credit limits in clubs and pubs in Victoria and the NT are $1000, while in Queensland and South Australia the upper limit is only $100.In a paper published this month, the commission considered whether limits should be “significantly reduced” to deter criminals seeking to exploit higher limits to conceal illicit funds.The paper canvassed a scenario in which a person inserted $5000 cash being the proceeds of crime, placing one losing bet of $5 before cashing out $4995.

The first iteration of a statewide cashless gaming scheme was proposed by Customer Service Minister Victor Dominello last year. However, that plan met fierce opposition from the industry and Coalition colleagues, including then-deputy premier John Barilaro whoThe portfolio was later stripped from Dominello during Premier Dominic Perrottet’s first major cabinet reshuffle.

 

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LucyCormack Neloangelo314

LucyCormack All part of the push for a cashless society. Social credit score anyone?

LucyCormack I love that the only real action against these disgusting machines that actually ruin people's lives is to protect the government's cut against money laundering.

LucyCormack Can't cash in uour winning must hurt

LucyCormack About time. AHA run NSW. Good in VictorDominello for standing up to them.

LucyCormack

LucyCormack Anything that tries to ease the scourge of pokies is a good idea

LucyCormack Will be interesting how it pans out

LucyCormack Uhmmmm just get rid of those life destroying things.

LucyCormack gavdrayton7

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