NSW casinos face $100m misconduct fines
Wednesday 03 de August 2022 / 12:43
⏱ 1 min read
(Australia).- NSW casinos could cop $100 million fines with board members and executives held liable if operators are found to have committed "serious wrongdoing".
The NSW government will hand the powers to the state's newly minted casino watchdog if new legislation passes state parliament after it's introduced next week.
It follows separate inquiries revealing damning evidence of the facilitation of money laundering at Sydney's two casinos, Crown and the Star, by gambling junkets linked to overseas criminal gangs.
The establishment of the NSW Independent Casino Commission was part of the state government's response to the inquiry into Crown, headed by former Supreme Court judge Patricia Bergin.
Tough new conditions were placed on Crown so it could keep its doors open in Sydney after the Bergin inquiry found it was unfit to hold an operating license.
Hospitality Minister Kevin Anderson said the commission would also have powers to investigate and enforce compliance with regulations.
"The new regulator will be truly independent, and will be directly funded by the Casino Supervisory Levy paid by both casinos, with independent decision-making on licensing and disciplinary matters," Mr Anderson said.
"The [commission] will have scope to deal appropriately with serious misconduct of the type uncovered by various recent inquiries."
Other powers and changes include regular reviews of casino licenses, a phasing out of cash transactions of more than $1000 per day and the mandatory use of cards to gamble.
NSW Police and the NSW Crime Commission will help guide the casino watchdog in regulatory efforts.
An inquiry into Star concluded in June with a final report expected later this month.
Categoría:Casino
Tags: Sin tags
País: Australia
Event
GAT EXPO CARTAGENA 2026
24 de March 2026
Technology, AI and Traceability: Keys to the Future of Gaming at the GAT Expo Cartagena Suppliers Panel
(Cartagena de Indias, SoloAzar Exclusive).- Within GAT Expo Cartagena 2026, technology sector leaders analyzed the challenges and opportunities of the gaming industry during the panel “Innovation, Traceability and Control”.
Tuesday 31 Mar 2026 / 12:00
Gamification with Purpose: Andrés Blanco Explains How to Drive Real Engagement at GAT Expo Cartagena
(Cartagena de Indias, SoloAzar Exclusive).- At GAT Expo Cartagena 2026, one of Latin America’s most important gaming industry events, Andrés Blanco, Managing Director and Chief Product Officer at Gamanza Engage, shared his vision of how gamification can become a strategic tool to foster genuine user engagement.
Monday 30 Mar 2026 / 12:00
Nevada’s Regulatory Model, Taxation Challenges and Prediction Markets Take Center Stage at GAT Expo Cartagena
(Cartagena de Indias, SoloAzar Exclusive).- During a high-level fireside chat at GAT Expo Cartagena 2026, Brian Krolicki, Vice Chairman of the Nevada Gaming Commission, and Rodrigo Afanador Carrasco, CEO of Zamba and General Manager of Grupo Vicca, explored key regulatory challenges shaping the global gaming industry, with a particular focus on Latin America.
Monday 30 Mar 2026 / 12:00
SUSCRIBIRSE
Para suscribirse a nuestro newsletter, complete sus datos
Reciba todo el contenido más reciente en su correo electrónico varias veces al mes.