Wed, Jul 29, 9:22am by Noah Taylor
Crown Casino Perth is considering using debit card chip purchases at its gaming tables.
Tunf reports the Gaming and Wagering Commission is on board the plan, which would see gamblers use their debit cards to purchase chips, without having to go to the casino cage.
Crown has been instructed to provide “a report on the use of the facility at the completion nfo the first three months of operation.”
The issue the proposal raises is around problem gambling.
According to Crown representatives, there has been “a noticeable shift to the use of cashless payments in our community.”
Crown said that “credit cards will not be allowed and transaction limits will apply” to the trial.
The limits will be A$500 per day.
The American Gaming Association recently released its new Payments Modernisation Policy Principles, which intend to reduce the reliance on cash in US casinos.
Nevada casino have already flirted with Automated Cashless Systems’ PlayOn table-based ATM system.
The off-Strip Ellis Island Casino is currently doing a test run of Konami Gaming’s new digital slot market to permit bettors with PIN-protected Synkros cashless wagering accounts to receive credit for slots play, but it must be within five minutes of applying.
Crown Perth casino trials debit card chip purchases at gaming tables https://t.co/6Ye5ijxRsP
— Dynafive (@dynafive) July 23, 2020
The American Gaming Association has released a report that provides a framework for regulatory flexibility allowing digital payments on the casino floor.
Yogonet reported in June that according to the AGA, enabling payment choice allows casino customers the ability to supplement cash with safe and secure digital payment options on the casino floor.
This not only improves responsible gaming efforts by equipping customers with digital tools to help them monitor their gaming and set limits, but also provides operators, regulators and law enforcement increased transparency into matters of anti-money laundering and monitoring of financial transactions.
In early 2019, the AGA convened a working group of members to evaluate the regulatory, processing and consumer landscape related to expanding payment options on the casino floor.
The Payments Modernisation Policy Principles, the product of that collaborative effort, seek to educate state and tribal regulators who are considering expanding payment choice.
It included a number of points including the ability to equip customers with more tools to wager responsibly, give customers payment choice and convenience, ensure state laws enable a flexible regulatory approach and address heightened public health concerns.
Recent AGA research found that 59 per cent of past year casino visitors are less likely to use cash in their everyday lives because of the COVID-19 pandemic.
This translates to customer preferences on the casino floor, as 54 per cent indicate that would be very likely to utilise a digital or contactless payment option when they gamble.
Presently, a small number of casinos use such payments, which include debit or credit cards, as well as apps like Apple Pay, Google Pay and PayPal.
Wider acceptance of these options has long been a goal of the gambling industry.
“Advancing opportunities for digital payments has been one of our top priorities since my first day at the AGA,” the group’s president and chief executive Bill Miller said.
“It aligns with gaming’s role as a modern, 21st-century industry and bolsters our already rigorous regulatory and responsible gaming measures.
The COVID-19 pandemic made it all the more important to advance our efforts to provide customers with the payment choice they are more comfortable with and have increasingly come to expect in their daily lives.”
So far, there has not been widespread adaptation of digital payment options at casinos or other gambling facilities in the United States.
Industry executives say this is due to several factors including limits imposed by state legislators or gambling regulators.
A handful of casinos in Nevada and some tribal casinos across the United States have digital options, but the technology is a new concept in many places.
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