The Australian state of Victoria is set to introduce stricter gambling measures by 2024, in which venues will be made to shut operations for at least six hours a day.
An implementation date is yet to be set, however Australia will stricten their gambling measures in the state of Victoria by some point in 2024.
New reforms are being introduced by the Andrews Labor Government to promote and increase responsible gambling policies in the state.
Gaming venues will be required to introduce a compulsory sign-in card and loss limits on poker machines, in what is set to be the biggest changes in the strictened measures.
‘Load limits’ will be introduced too, which will see the maximum amount of money anyone can feed into a poker machine at once decreased from AU$1,000 (US$681) to $100 under the new changes.
As well, venues will be made to shut their gambling operations for at least six hours a day and by mid-next year, there will be mandatory closing periods between 4am and 10am – excluding the Crown Casino.
Spin rates on poker machines are also planned to decrease, which will effectively slow the pace of gaming to limit potential losses, rising from the current 2.1 seconds to three seconds.
Money put into the betting machines will also be tracked under the new rules in the hopes that the Government will be able to prevent money laundering through gaming venues.
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Premier Daniel Andrews spoke out on the new reforms set to be implemented by 2024.
“These reforms will provide the strongest gambling harm prevention and anti-money laundering measures in Australia.”
