NSW Expands Cashless Gambling Trial to Tackle Rising Gambling Harm

Cashless gaming has been a prominent topic in the Australian gambling industry for nearly a year. Many experts believe that implementing this technology statewide will play a crucial role in curbing gambling-related fraud and protecting vulnerable consumers from harm. Liquor & Gaming NSW is optimistic about its potential, launching the trial to assess the real-world viability of cashless gaming.

In July, the government appointed Michael Foggo, a former liquor, gaming, and racing commissioner, to lead a panel consisting of 16 industry representatives and reform advocates overseeing the trial. Their findings are expected to be reported to the government by November 2024. Premier Chris Minns has promised transparency, ensuring that the panel's results will be made publicly available.

The trial will involve collecting data from the machines, examining the effects on patrons, and evaluating its impact on club and hotel employees. This comprehensive review will also consider infrastructure requirements and potential costs, providing a comprehensive understanding of cashless gaming. If successful, the government is committed to prioritizing its implementation.

Gambling Minister David Harris has praised the expansion of the trial, noting that it now covers nine times more machines than the initial proposal. He expressed optimism about the increasing interest shown by clubs, emphasizing their commitment to addressing gambling harm and money laundering within the entertainment industry.

"The industry is clearly behind us as we undergo these landmark gaming reforms as part of our commitment to addressing money laundering and gambling harm in NSW," said David Harris, NSW Gambling Minister.

The unwavering commitment of the regional government is encouraging for NSW residents who witnessed AUD 8.07 billion ($5.42 billion) lost to poker machines in the last financial year, marking a concerning 23.7% increase from 2018-19. These statistics underscore the urgent need for decisive action within the state, raising hope for the success of the cashless gambling trials.

While facing criticism for their previous lack of decisiveness, the NSW government's recent progress, such as the ban on external gambling signs, has been successful. Nearly 99% of inspected pubs and clubs have complied with the new regulations. It is hoped that cashless gaming will yield similar positive results.