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December 5, 2012

Gambling reforms passed

The National Gambling Reform Bill 2012 and associated Bills have been passed by Parliament with amendments (including a longer implementation period) and are awaiting Royal Assent.

The Bills require that:
• new machines manufactured or imported from end of 2014 be capable of supporting precommitment;
• all gaming machines are part of a state-wide precommitment system, and display electronic warnings, from 2018, with longer implementation timelines for small venues; and
• a $250 a day ATM withdrawal limit apply for gaming venues (other than casinos) from 1 February 2014.

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Posted 5th December 2012 by David Jacobson in Consumer Law, Financial Services