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The Latest in nsw
Industry
August 17, 2023
University of Sydney Criticized over Investments from the Gambling Industry
The gambling industry’s backing of the University of Sydney’s new Centre of Excellence in Gambling Research doesn’t sit well with industry critics, who believe that the tie-up is a recipe for a conflict of interests. The university recently unveiled its new multi-disciplinary center, which is tasked with advancing research on gambling behavior and minimizing harm. […]
Industry
August 17, 2023
Liquor & Gaming NSW Cracks Down on Illegal Gambling Advertising
Liquor & Gaming NSW (L&GNSW) maintains its steadfast commitment to curbing illegal gambling advertising, dishing out fines exceeding $1.1 million to online bookmakers since 2016. The regulator’s actions highlight its ceaseless vigilance and commitment to protecting player interests. L&GNSW’s constant updates allow it to stay ahead of industry innovations and curb problem practices. Violators Face […]
Casino
August 16, 2023
NSW Reform Panel Sets Agenda for Cashless Gaming Overhaul
Spearheading the drive towards comprehensive gaming reforms, the panel tackled pressing issues, including the imminent cashless gaming trial and the roadmap for the industry’s transformation. Panel’s Commitment to Cashless Gaming Framework Lauded by Minister Minister for gaming and racing, David Harris, expressed his satisfaction with the Independent Panel’s commitment to meticulously craft the framework for […]
Business
August 11, 2023
Star Entertainment Strikes Tax Relief Deal in NSW
Earlier this year, Star Entertainment Group, an Australian casino and hospitality company, had to slash hundreds of jobs and executive bonuses to deal with the underperformance of its properties and the tax hike in New South Wales. However, the company has now managed to reach a concession on casino duty rates with the NSW government […]
Industry
August 7, 2023
Investigation Urged as NSW Premier Reacts to Tipping-off Allegations
This revelation has sparked outrage and calls for a thorough investigation by Australia’s New South Wales (NSW) Premier Chris Minns. Alleged Tipping-off of Clubs Sparks Doubts Over Regulatory Credibility Documents presented in the NSW parliament last Friday have uncovered the troubling practice, leading to concerns about the credibility of the regulatory body, reported ABC. These […]
Industry
August 2, 2023
NSW Gambling Watchdog Reportedly Withholds Documents over ML Probe
In an effort to help reduce money laundering and other financial crimes, the NSW government unveiled a cashless gaming trial for pubs and clubs. The trial seeks to estimate the impact and effectiveness of the cashless gaming technology and determine whether or not it should be implemented as a mandatory requirement for poker machines, also […]
Casino
July 31, 2023
NSW Hails Efforts by Gambling Establishments Ahead of September 1 Ban
The NSW government has confirmed that the proposed ban is going to be complied with fully, and already nearly 50% of all establishments have decided to act preemptively and strip their outward gambling signage. NSW Sees Proposed Gambling Signage Ban Preparations Take Off The measure discussed is a voted proposal by the government which wants […]
Industry
July 13, 2023
NSW Assembles Panel to Oversee Cashless Gaming Trial
Amid concerns about the growing impact of problem gambling and gambling harm, lawmakers in New South Wales, Australia, vowed to make changes to the gambling sector. That promise became a centerpiece within the election campaigns earlier this year. In line with the promise to improve the regulations and reduce gambling harm, the Labor party, the […]
Industry
July 3, 2023
Children 12-17 in Australia See Too Many Gambling Ads
This, the reports commissioned, reviewed, and published by the state indicates that those age groups are particularly vulnerable to problem gambling and developing unhealthy habits that could translate into life-altering consequences. Children See and Are Aware of Gambling Ads and Products The “inundation” of gambling ads, as the problem has been called, has seen the […]
Casino
June 26, 2023
NSW Introduces Slot Betting Limit, Culls Machine Numbers
According to the latest information publicized by the government, the number of poker machine entitlements in the state will fall by at least 3,000. This will see thousands of gambling machines gone along with a new cash-in limit on new machines introduced. Restricting the Maximum Betting Limit for Pokies The cash limit sits at around […]