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Asia Casino News outlet for Online Gaming and Gambling Industry in Asia.

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Queensland approves new regulatory reforms affecting its casinos

March 22, 2024 World Casino & HotelIndustry Updates

Significant regulatory changes affecting the state’s casinos, including those run by Star Entertainment Group, have been approved by the Queensland parliament.

Tougher controls including mandatory carded play, money usage restrictions, compulsory pre-commitment, and game duration limits are enforced under these laws, which come after a 2022 examination of Star’s activities.

In accordance with the legislation, casinos must also provide player cards, gather data on gaming, and share de-identified information with regulators. In order to assist damage mitigation efforts and pay regulatory costs, casinos are also required to pay a monitoring charge.

The Act mandates protections to keep anyone banned from visiting interstate casinos and frequent inspections of casino operations every five years. Attorney General Yvette D’Ath states that the goal of these steps is to ensure that casinos operate lawfully and responsibly, with a focus on minimizing harm and stopping money laundering.

These actions carry out the regulatory initiatives started by the Gotterson Review, which gave the government the power to penalize casinos for infractions and designate special managers to oversee operations.

Original story by: IAG

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