New South Wales hands out invitations to help draft cashless regulations  

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As part of its efforts to draft a new cashless regulatory framework, New South Wales (NSW) has invited tech providers and land-based venues to participate in NSW’s newly-launched cashless gaming trials.

The trials will last for at least three months each with the goal of accumulating as much data as possible across some of the areas that NSW sees key to the development of the framework. All results will be monitored and assessed by an independent researcher. 

Courtesy of the newly-founded Independent Panel on Gaming Reform established in June, all applicants must meet a set number of requirements such as harm minimisation, anti-money laundering protections, data security and privacy protections, as well as certain venue requirements (part of the trials is to test out the cashless solutions in clubs and hotels).

Moreover, results will be additionally assessed by the NSW Crime Commission, the NSW Information and Privacy Commission, as well as AUSTRAC, in collaboration with representatives from the NSW cyber security and police force units, which will use their final report to provide the state government with recommendations for the implementation of a gaming reforms roadmap.

As per the NSW, the three key areas that each solution will have to address are:

  • Changes, if any, in player attitudes and behaviours due to the use of technology, including changes in gambling behaviour, the ability to manage and control spend, the frequency and duration of sessions and the level of harm experienced.
  • Player experiences using the technology, particularly the harm minimisation tools made available, and any barriers identified.
  • Areas for improvement to reduce gambling harm or for consumer protection.

Courtesy of the newly-founded Independent Panel on Gaming Reform established in June, all applicants must meet a set number of requirements such as harm minimisation, anti-money laundering protections, data security and privacy protections, as well as certain venue requirements (part of the trials is to test out the cashless solutions in clubs and hotels).

Moreover, results will be additionally assessed by the NSW Crime Commission, the NSW Information and Privacy Commission, as well as AUSTRAC, in collaboration with representatives from the NSW cyber security and police force units, which will use their final report to provide the state government with recommendations for the implementation of a gaming reforms roadmap.