Crown Sydney gaming floors to go cashless in combat from dollars laundering

Crown’s newest $2.2 billion casino at Barangaroo could not accept funds in any of its gambling venues as the gaming big performs to securing a acceptable licence.

These days the NSW Independent Liquor & Gaming Authority (ILGA) achieved an agreement on numerous issues with Crown Resorts, just one of which was ruling out difficult cash for use on gaming flooring.

“Crown has agreed with the Authority to make all gaming in its casinos cashless with card technologies linked to identity and a recognised fiscal institution,” the ILGA claimed in a statement.

Crown On line casino at Barangaroo in Sydney is but to be granted a gaming licence. (9News)

Other matters agreed upon included phasing out indoor using tobacco at all Crown resorts in Australia by December 2022 and ceasing the operation of intercontinental junket operations.

The settlement comes in the wake of the Bergin Report, which identified Crown was an “unsuitable individual” to be granted a gaming licence for its new casino at Barangaroo.

1 of the most important concerns in the report was the potential for funds laundering to consider position at Crown casinos.

NSW’s gaming regulator needs all players to use cashless playing cards connected to a lender account. (Crown Sydney)

In a statement to shareholders, Crown softened its language close to phasing out dollars, saying it is in discussions “to consider the needed methods towards the introduction of cashless gaming solutions at Crown Sydney”.

Government Chairman Helen Coonan mentioned Crown was fully commited to doing the job intently with the regulator.

“Whilst we recognise we have extra function to do, we welcome ILGA’s sign currently that Crown’s reform implementation is perfectly-superior to suitability to work gaming at Crown Sydney,” Ms Coonan explained.

“It is important to know we are properly on monitor but I have confident the regulator there will be no complacency as we continue to embed the variations to improve our governance and compliance processes throughout the organisation.”