{"id":32284,"date":"2022-08-02T04:36:58","date_gmt":"2022-08-02T07:36:58","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=32284"},"modified":"2026-04-23T06:19:49","modified_gmt":"2026-04-23T09:19:49","slug":"new-south-wales-introduces-new-fines-for-casinos-that-breach-rules","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/new-south-wales-introduces-new-fines-for-casinos-that-breach-rules","title":{"rendered":"New South Wales introduces new fines for casinos that breach rules"},"content":{"rendered":"\n

Authorities have also announced that casinos could be fined AU$100m and that executives will be held accountable in cases of “serious wrongdoing”. <\/p>\n\n\n\n\n\n\n\n

Australia.- According to media reports, New South Wales’s new gaming watchdog<\/a> could levy fines of up to AU$100m on NSW casinos that are found guilty of “serious wrongdoing”. Executives will also be held to account.<\/p>\n\n\n\n

Other new measures include regular reviews of casino licences and a phasing out of cash transactions over $1,000 per day<\/strong> \u2013 players will need to use cards. The new measures come after separate inquiries blasted the facilitation of money laundering by gambling junkets linked to overseas criminal gangs through Crown and\u00a0the Star<\/a>.<\/p>\n\n\n\n

Kevin Anderson<\/strong>, minister for hospitality and racing, told Australian Associated Press: “The new regulator will be truly independent, and will be directly funded by the Casino Supervisory Levy paid by both casinos, with independent decision-making on licensing and disciplinary matters.<\/p>\n\n\n\n

\u201cThe commission will have scope to deal appropriately with serious misconduct of the type uncovered by various recent inquiries.\u201d<\/p>\n\n\n\n

See also:\u00a0<\/strong>Crown Sydney finally allowed to start gaming operations<\/a><\/p>\n\n\n\n

NSW to trial cashless gaming machines<\/h2>\n\n\n\n

The government of New South Wales has announced a plan to introduce\u00a0cashless gaming machines<\/a>. Wests Group\u2019s Newcastle club will be the first venue to test the new cashless technology for three months. The trial will begin with 38 slot machines from Aristocrat Leisure.<\/p>\n\n\n\n

One of the main objectives of the government is to reduce problem gambling and limit the opportunities for criminals to launder funds.<\/p>\n\n\n\n

The cashless technology will be linked to the player\u2019s identity and bank account. It also involves a Bluetooth connection between the player\u2019s phone and the machine, allowing funds to be transferred directly from the phone to the machine.<\/p>\n","protected":false},"excerpt":{"rendered":"

Authorities have also announced that casinos could be fined AU$100m and that executives will be held accountable in cases of “serious wrongdoing”.<\/p>\n","protected":false},"author":176,"featured_media":8227,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"New South Wales is implementing stringent new gaming regulations, including potential AU$100m fines for casinos and executive accountability for \"serious wrongdoing.\" These measures, driven by past money laundering failures at Crown and The Star, also introduce regular licence reviews and a phased elimination of cash transactions over AU$1,000, alongside a trial of cashless gaming machines.","focusai_entities":"Crown, The Star, Kevin Anderson, Wests Group, Aristocrat Leisure","focusai_location":"Australia, New South Wales, Newcastle","focusai_target_profile":"ceo_executive (1.0), regulator (1.0), compliance_legal (1.0), operator_casino (1.0), product_ux (0.8), tech_data (0.9), marketing_crm (0.7), payments_fraud_aml (1.0), investor_analyst (0.9), supplier_vendor (0.9), journalist_researcher (1.0)","focusai_suggestions":[{"label":"Impact on Operator P&L?","query":"What is the projected financial impact of the AU$100m maximum fine and increased compliance overheads on the P&L statements of major casino operators in New South Wales?"},{"label":"Cashless Tech Rollout Timeline?","query":"Following the Wests Group trial, what is the anticipated timeline and phased implementation strategy for mandatory cashless gaming across all NSW casino and club venues?"}],"footnotes":""},"categories":[16336,156,158],"tags":[23911,23909],"class_list":["post-32284","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-australasia-news","category-regulation-news","category-slider-home","tag-gambling-regulation","tag-slot-games"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/32284","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=32284"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/32284\/revisions"}],"predecessor-version":[{"id":32295,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/32284\/revisions\/32295"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/8227"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=32284"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=32284"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=32284"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}