Industry should be in charge of cashless card for pokies in NSW: Minister

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The gambling industry should be in charge of developing and implementing a cashless card for poker machines, according to the NSW minister advocating for the reform aimed at curbing money laundering | Rabe9

The gambling industry should be in charge of developing and implementing a cashless card for poker machines, according to the NSW minister advocating for the reform aimed at curbing money laundering.

While early discussions for the measure canvassed a state-issued card, Mr Dominello, who has responsibility for gambling, distanced the government from the plan on Monday.“I don’t think it should be government issued at all, governments are not in the business of gambling. That’s a matter for industry, it should be an industry issued card,” he said.

ClubsNSW recently submitted its proposal for a digital wallet trial to the government’s gaming machine technology working group, which would include personal spending limits and the quarantining of large payouts.Commissioner Patricia Bergin’s report into Crown Resorts’ capacity to hold a licence for its new Sydney casino at Barangaroo noted that a gambling card would be a “powerful mechanism” in tackling money laundering.

Mr Dominello garnered cross-bench support in the upper house for the plan last year, including the Greens and One Nation.NSW’s 95,000 poker machines bring in $1 billion in state taxes each year and create as many as 100,000 jobs, including in sophisticated gaming machine manufacture.

 

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Rabe9 Talk about putting foxes in charge of hen houses! What next?

Rabe9

Rabe9

Rabe9 Just get rid of pokies all together

Rabe9 Yeah because the banks did such a great job of regulating themselves, an industry as trustworthy as gambling should be able to.

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