NSW Crime Commission Suggests Cashless Gambling Cards to Combat Money Laundering
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The New South Wales Crime Commission has found that billions of dollars are used yearly for gambling in pubs and clubs in NSW. The commission suggested the implementation of cashless gambling cards for pokies to put an end to money laundering through gambling.
NSW Crime Commission recommends introducing cashless cards for gambling in the state. The introduction of the payment solution would help combat organised crime connected to gaming machines. The card was first introduced by Victor Dominello, former gaming minister, but it did not receive the approval of gambling sector's head lobby group, Clubs NSW.
NSW Crime Commission suggests introducing cashless gambling cards to combat money laundering. The government is currently testing the cards in Newcastle. The report claims that a hybrid payment system used in gambling facilities could help criminals to launder money in a much easier way. It also suggests that criminals will still choose to gamble with real cash.
