The state of New South Wales is pioneering a shift towards a future without physical currency in its gaming sector. These experimental programs, slated to operate for a minimum of three months each, will be under the watchful eye of the New South Wales Liquor and Gaming Authority (NSW). This move comes on the heels of previous tests conducted by the regulatory body in collaboration with industry giants such as Aristocrat and IGT, demonstrating a significant drive to bring gambling practices into the modern era.
The autonomous group leading these gaming overhauls has initiated a call for applications from both venue operators and technology suppliers to take part. To be in the running, prospective participants must satisfy rigorous standards, encompassing robust protections against financial crimes and unbreakable data protection protocols. This underscores a firm dedication to ethical gaming practices and safeguarding players.
The knowledge gleaned from these pilot programs will be crucial in molding the trajectory of gaming regulations in New South Wales, potentially laying the groundwork for an entirely cashless gaming landscape. The authority stresses its dedication to a comprehensive and open process, with impartial researchers meticulously assessing the real-world effects of these technological advancements.
This study aims to explore the influence of technology on individuals’ perceptions and behaviors related to wagering activities.
Furthermore, it will investigate the duration and frequency of technology-assisted gambling, along with potential associated risks. The objective is to identify strategies for enhancing gambling safety and mitigating any adverse consequences.
To ensure a comprehensive understanding, each phase of the research will span a minimum of three months. This extended timeframe will provide the investigators with ample opportunity and data to thoroughly examine these critical matters.