The Victoria State Government has discussed new laws requiring that gamblers at the Melbourne Crown Casino must set a fixed limit on their pokie losses at the casino.
The fixed limit is just one of 12 measures that the government looks set to approve from the 33 recommendations from the Royal Commission that looked into serious allegations of money laundering at the casino property.
Victoria Government to Introduce Pokies Loss Limit at Melbourne Crown Casino Victoria Government to Introduce Pokies Loss Limit at Melbourne Crown Casino Victoria Government to Introduce Pokies Loss Limit at Melbourne Crown CasinoSpeaking of the new laws, Minister Horne said.
“This is a world-first in a suite of reforms, it needs to be fully rolled out by no later than the end of 2025”.
Among the recommendations is a $1,000 cash transaction limit. This states that patrons can only make $1,000 in cash transactions in a 24-hour period. They must also provide valid ID if they wish to gamble more than $1,000 or collect winnings higher than the limit.
Victoria Government to Introduce Pokies Loss Limit at Melbourne Crown CasinoAccording to Minister Horne the new legislation is required to:
“ensure the disgraceful conduct uncovered by the Royal Commission will never happen again in Melbourne”
Crown was recently fined $80 million for its role in the illegal China Union Pay scheme that saw the casino profit by as much as $32 million from money laundering practices.
