{"id":258189,"date":"2023-02-06T16:20:02","date_gmt":"2023-02-06T22:20:02","guid":{"rendered":"https:\/\/www.casino.org\/news\/?p=258189"},"modified":"2023-02-07T11:52:26","modified_gmt":"2023-02-07T17:52:26","slug":"new-south-wales-govt-will-make-all-slots-cashless-if-reelected","status":"publish","type":"post","link":"https:\/\/www.casino.org\/news\/new-south-wales-govt-will-make-all-slots-cashless-if-reelected\/","title":{"rendered":"New South Wales Govt. Will Make All Slots Cashless if Reelected"},"content":{"rendered":"

All slot machines in the Australian state of New South Wales \u2013 or pokies, as they are known colloquially \u2013 will be cashless by the end of 2028. At least, that\u2019s if the Liberal-Nationals coalition government is reelected next month.<\/p>\n

\"NSW
A row of \u201cpokies\u201d at a club in New South Wales, Australia. The state holds around 47% of the nation\u2019s slot machines outside of casinos. (Image: The Shout)<\/figcaption><\/figure>\n

It\u2019s a pretty radical shakeup. But it\u2019s also a big \u201cif.\u201d The opposition Labor Party is hotly tipped to take power in March, a 1\/8 favorite, according to Ladbrokes. That translates to an implied probability of 89%.<\/p>\n

But the coalition may be hoping that public appetite for gambling reforms will give it an electoral boost.<\/p>\n

\n

On Monday, the coalition announced a blueprint to support the state\u2019s pubs and clubs to move to cashless gambling by Dec. 31, 2028. This includes access to special grants and interest-free loans for pubs and clubs to offset any financial damage caused by the transition.<\/p>\n<\/div>\n

The plan would also ban political donations from pubs and clubs.<\/p>\n

Money Laundering Curbs<\/strong><\/h2>\n

The initiative comes on the back of a new NSW Crime Commission report<\/a>. It found that slot machines across the state were being used by criminals to wash money by gambling minimally with large amounts of cash.<\/p>\n

The new system<\/a> will use a digital wallet linked to a gambler’s identity and personal bank account. Users can transfer credit onto the machines from their mobile phones via Bluetooth.<\/p>\n

\n

The government hopes the proposed system will also help curb problem gambling. Players would be able to set their own limits and cooling-off periods while prohibiting the transfer of funds from credit cards and automatic top-ups.<\/p>\n<\/div>\n

The vast majority of Australia\u2019s slots exist outside of casinos, in pubs, clubs, and hotels. While the country contains just 0.3% of the world\u2019s population, it boasts 17% of the slots in nongaming venues, according to the Australia Institute Tasmania.<\/p>\n

With 86K such slots, NSW has around 47% of the estimated 183K machines in the country.<\/p>\n

Costs and Challenges<\/strong><\/h2>\n

Labor leader Chris Minns welcomed the reforms while complaining that \u201csome elements\u201d of the government plans were announced by his party \u201cseveral weeks ago,\u201d Australian broadcaster ABC<\/em> reports.<\/p>\n

Labor has committed to launching a 12-month cashless gambling trial should it get elected but has stopped short of the government\u2019s more sweeping proposal. Labor has also promised to buy back 2,000 machines.<\/strong><\/p>\n

The New South Wales pubs and clubs lobby, ClubsNSW, says it’s committed to \u201ccombat problem gambling and keep criminals out of gaming venues.\u201d But it adopted a more cautious tone Monday.<\/p>\n

“ClubsNSW is concerned about the significant costs and technical challenges associated with the Coalition\u2019s proposal to implement a mandatory cashless gaming system,\u201d it said in a statement.<\/p>\n

\u201cWe\u2019re particularly concerned about the implications for small, regional clubs and the impact this will have on jobs across the industry,\u201d it added.<\/p>\n","protected":false},"excerpt":{"rendered":"

All slot machines in the Australian state of New South Wales \u2013 or pokies, as they are known colloquially \u2013 will be cashless by the end of 2028. At least, that\u2019s if the Liberal-Nationals coalition government is reelected next month. It\u2019s a pretty radical shakeup. But it\u2019s also a big \u201cif.\u201d The opposition Labor Party […]<\/p>\n","protected":false},"author":36,"featured_media":258191,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[61,13592,69293],"tags":[84912,84913,84911],"acf":[],"yoast_head":"\nNew South Wales Govt. 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Will Make All Slots Cashless if Reelected\" \/>\n<meta property=\"og:description\" content=\"Cashless pokies are in the cards if New South Wales\u2019 coalition government gets reelected, but that\u2019s only an 11% probability, bookies say.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.casino.org\/news\/new-south-wales-govt-will-make-all-slots-cashless-if-reelected\/\" \/>\n<meta property=\"og:site_name\" content=\"Casino.org\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Casino.OrgNews\" \/>\n<meta property=\"article:published_time\" content=\"2023-02-06T22:20:02+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-02-07T17:52:26+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/02\/Pokies.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1920\" \/>\n\t<meta property=\"og:image:height\" content=\"1080\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Philip Conneller\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@casinoorgphilc\" \/>\n<meta name=\"twitter:site\" content=\"@Casino_Org\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Philip Conneller\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.casino.org\/news\/new-south-wales-govt-will-make-all-slots-cashless-if-reelected\/\",\"url\":\"https:\/\/www.casino.org\/news\/new-south-wales-govt-will-make-all-slots-cashless-if-reelected\/\",\"name\":\"New South Wales Govt. 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