The cashless gaming pilot in NSW has commenced, and the results have not pleased the skeptics. The experiment began in October 2022 and continued until June 2023 at Wests New Lambton, a hunting club in Newcastle. In the end, the numbers didn't sway those who were against cashless gambling.
Four hundred forty-four machines throughout the arena were outfitted with the new technology, which proponents claimed would reduce compulsive gambling and gambling fraud. So, gamers may fund the machine with funds from their mobile digital wallets, allowing them to play instantly. The technology offered many safer gambling features along with size and play limitations.
To gather information on the experiment, Liquor and Gaming NSW hired Professor Paul Delfabbro of the University of Adelaide to write a report. Players' replies show that the cashless gaming trial did not affect their gambling habits.
State of New South Wales Cashless Gaming
According to bookie tutorials and news sites, the adjustments had no discernible impact on Wests New Lambton's income, even though more individuals cut back than increased their daily spending. They also had players who were too used to traditional gaming and would hop from machine to venue.
Alliance for Gambling Reform CEO Carol Bennett emphasized that the Wests New Lambton experiment was more of an investigation than a concerted effort to significantly reduce addiction rates. She underscored the urgency and importance of a significant rollout for the policy to be effective. Binding and default restrictions should also be integral to cashless gaming, as Bennet highlighted.
Although the study did not result in significant changes, it proved that the technology was reliable. Although specific problems were noted, the cashless method appeared very compelling.
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