Digital wallet trial for pokies in NSW to help stop money laundering


In a paper printed this month, the fee thought-about whether or not limits needs to be “considerably lowered” to discourage criminals in search of to use greater limits to hide illicit funds.


The paper canvassed a situation through which an individual inserted $5000 money being the proceeds of crime, inserting one shedding wager of $5 earlier than cashing out $4995. Their ticket shows amassed credit, however not the worth of the wager made or received. That is repeated a number of instances at completely different venues.

The fee discovered “an absence of element and transparency” on tickets created a possible avenue for exploitation.

Tim Costello, from the Alliance for Playing Reform, stated the situation was “nothing we didn’t already know”, however it highlighted the pressing want for cashless gaming to “break the enterprise mannequin of organised crime”.

The primary iteration of a statewide cashless gaming scheme was proposed by Buyer Service Minister Victor Dominello final yr. Nonetheless, that plan met fierce opposition from the business and Coalition colleagues, together with then-deputy premier John Barilaro who insisted the Nationals would by no means assist it.

The portfolio was later stripped from Dominello throughout Premier Dominic Perrottet’s first main cupboard reshuffle.

Unbiased NSW MP Justin Area stated the problems raised by the NSW Crime Fee confirmed poker machines have been routinely getting used as “ATMs for cash laundering” by organised criminals.

“It’s inexplicable why NSW poker machines can legally be loaded with as much as $10,000 money. These issues might be addressed in a short time with easy regulatory and legislative reform, like decreasing the load limits and transferring to cashless gaming.”

The 12-week trial at Wests Newcastle will provide a Bluetooth connection between a patron’s cell phone and the machine, permitting them to switch cash straight from their cellphone onto the machine.

Different know-how being put in will power patrons to go away a gaming space to switch funds.

Anderson stated all purposes for cashless cost options could be intently assessed earlier than any trials, including “with regards to digital options there isn’t a one measurement matches all mannequin”.

Wesley Mission chief govt officer Stu Cameron stated a transfer to cashless playing might all however eradicate cash laundering, whereas serving to to cut back playing hurt.

“We’re eager to assist any real hurt minimisation measures and imagine that cashless gaming
playing cards could show useful if it’s not left to the golf equipment themselves to manage,” he stated.

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