On 26 October, the Brisbane Times and others reported that a joint law enforcement agency inquiry led by the NSW Crime Commission investigated for the first time the nature and extent of money laundering activity that may be occurring in licensed premises in New South Wales, and concerns that cash flowing through the state’s poker machines had made them attractive to criminals to make it appear that their money was legitimately acquired.  It is said that NSW poker machines in pubs and clubs turned over $95 billion in 2020-21, and while it was not possible to quantify how much of this was the proceeds of organised crime, the amount was estimated to be in the billions. 

https://www.brisbanetimes.com.au/national/nsw/key-findings-from-the-nsw-crime-commission-investigation-into-money-laundering-in-pokies-20221026-p5bt0s.html

https://www.bloomberg.com/news/articles/2022-10-26/slot-machines-are-laundering-billions-in-drug-money-in-australia

https://www.abc.net.au/news/2022-10-26/billions-of-dollars-funnelled-through-pokies-to-launder-money/101578730

https://www.crimecommission.nsw.gov.au/files/nswcc-media-release-report-into-money-laundering-via-egms-in-pubs-and-clubs.pdf

 

 

 

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