Queensland Government Tightens Controls on Casinos

The “Casino Control and Other Legislation Amendment Bill 2023” is part of the government’s response to the ongoing controversy around The Star Entertainment Group’s severe regulatory oversights. T lodi777 he newly proposed measures include regular inquiries into casino-associated organizations, restrictions on cash usage, mandatory play breaks, and more stringent technology adoption.

These Significant Updates Will Ensure Casino Accountability

Queensland’s legislation seeks to implement the 12 recommendations outlined by Hon. Robert Gotterson, who conducted an in-depth probe into The Star’s regional operations and identified substantial regulatory breaches. These changes are part of the government’s ongoing commitment to improving the regulation and oversight of the casino industry.

The new laws prioritize reducing gambling-related harm and combating money laundering. Some proposed measures envision cash use restrictions and mandatory breaks during play to protect players while fostering responsible gambling practices. Some of these provisions mirror other Australian states, which have also rallied against problem gambling.

The bill also introduces a supervision levy on casino licensees, ensuring that the cost of regulating casinos does not burden taxpayers, as the industry covers the expenses related to oversight. This legislature builds upon last year’s law reforms that introduced pecuniary penalties for casinos up to $100 million, helping offset gambling’s negative societal impact.

The Region Maintains Its Stance against Problem Gambling

Queensland Minister for Justice and Attorney-General Yvette D’Ath emphasized that the reforms were a vital part of the government’s long-term strategy to strengthen the industry’s oversight and safeguard the interests of operators and players. She added that casino executives would have additional duties, and non-compliance would lead to significant personal penalties, hopefully fostering a lasting impact.

These reforms will continue to modernize Queensland’s gambling and casino laws to ensure they remain effective now and into the future.

Yvette D’Ath, Queensland Minister for Justice and Attorney-General

The proposed regulatory updates could not come too soon as recent data revealed that Queensland saw a sudden surge in gambling losses as bettors squandered away more than AUD5 billion ($3.2 billion). Although the new measures are a welcome step forward, the proliferation of electronic gaming machines remains one of the region’s most pressing concerns.

More:  Swintt Partners with Circus.be to Introduce Unparalleled Gaming Experience to the Belgian Players

Queensland lawmakers hope the new legislation will complement existing gambling harm prevention efforts. The government is making impressive progress with targeted regulatory updates and increased funding for charity and education. Mandatory cashless gaming for transactions exceeding $1000 will be the next significant milestone in combating problem gaming and turning the tide against the region’s growing addiction rates.