October 13<\/strong>\u00a0to apply.<\/p>\n\n\n\nAccording to the announcement, applicants must meet minimum requirements to take part in the trial, including on harm minimisation, anti-money laundering, data security and privacy protections, plus specific requirements for venues.<\/p>\n\n\n\n
Last October, The New South Wales Crime Commission (NSWCC) released a report into money laundering<\/strong> in the state and recommended the mandatory introduction of cashless gambling cards<\/strong> and enhanced data collection measures to crack down on money laundering through electronic gaming machines (EGMs). <\/p>\n\n\n\nThe trial was set to begin on July 1 with the introduction of cashless gambling on 500 poker machines in clubs and pubs. However, it was delayed to allow the creation of an independent panel to monitor it. <\/p>\n\n\n\n
The panel aims to provide a roadmap for gaming reform implementation to the NSW Government\u00a0by November 2024.<\/strong>\u00a0Among the focus areas are suggestions for allocation of the AU$100m harm minimisation fund, the expansion of the self-exclusion register to enable third-party exclusions and the integration of facial recognition technology for exclusion.<\/p>\n\n\n\nNSW allocates US$64.2m to tackle gambling harm<\/h2>\n\n\n\n
The New South Wales government has pledged AU$100m (US$64.2m) to tackle gambling harm. From the upcoming 2024-25 fiscal year, initiatives aimed at minimising gambling harm will receive an annual allocation of AU$21.7m for a three-year duration. Meanwhile, AU$10m of the funding will go to the Responsible Gambling Fund, overseen by the Office of Responsible Gambling.<\/p>\n\n\n\n
AU$6.4m will be directed towards the enhancement of self-exclusion programmes and the introduction of third-party exclusions in pubs and clubs. The remaining AU$3.4m will fund the cashless gaming trial.<\/p>\n","protected":false},"excerpt":{"rendered":"
Applicants must meet requirements on harm minimisation, anti-money laundering, data security and privacy protections.<\/p>\n","protected":false},"author":176,"featured_media":14768,"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 has initiated a cashless gaming trial, inviting venues and technology providers to apply by October 13, with stringent requirements on harm minimisation, AML, and data security. This trial, delayed from its original July 1 start, is a direct response to NSW Crime Commission recommendations for mandatory cashless gambling cards to combat money laundering. The NSW Government has also pledged AU$100m for gambling harm minimisation, funding various initiatives including enhanced self-exclusion and facial recognition technology.","focusai_entities":"New South Wales Crime Commission, Office of Responsible Gambling, NSW Government","focusai_location":"Australia, New South Wales","focusai_target_profile":"ceo_executive (0.95), regulator (1.0), compliance_legal (1.0), operator_casino (0.95), product_ux (0.85), tech_data (0.9), payments_fraud_aml (1.0), investor_analyst (0.9), supplier_vendor (0.95), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Trial Tech Requirements","query":"What are the specific technical and operational requirements for venues and technology providers to participate in the NSW cashless gaming trial, particularly concerning data interoperability, AML integration, and security protocols?"},{"label":"Regulatory Roadmap Impact","query":"How will the independent panel's roadmap by November 2024 influence the broader regulatory landscape for EGM operations and B2B licensing in NSW, and what are the potential implications for market structure?"}],"footnotes":""},"categories":[16336,156,158],"tags":[23911,23728],"class_list":["post-777009617","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-australasia-news","category-regulation-news","category-slider-home","tag-gambling-regulation","tag-ilga"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777009617","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=777009617"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777009617\/revisions"}],"predecessor-version":[{"id":777041260,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777009617\/revisions\/777041260"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/14768"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777009617"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777009617"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777009617"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}