Maxgaming Awarded Gaming Machine Monitoring License in NSW
Queensland-based gaming services company, Maxgaming, has won the tender and been awarded a 15 year license to run the Centralized Monitoring System for gaming machines in the state. The company will be in charge of monitoring gaming machines in all hotels and registered clubs in NSW until November 30, 2032.
Maxgaming will need to pay the Australian state government A$209 million to operate the system for the license period, while all hotels and registered clubs with gaming machines will be required to pay Maxgaming A$43.20 plus GST per machines as a CMS monitoring fee.
“The CMS is an important regulatory tool to which all gaming machines in NSW clubs and hotels must be connected to monitor and ensure the integrity of gaming machine operations and to calculate taxes payable on gaming machine revenues,” commented a spokesperson for Liquor and Gaming NSW.
Maxgaming holds the current license and by winning the tender they will have their current license extended for one year from December 1, 2016 to November 30, 2017 while the CMS system is upgraded and installed around the state. The new system will include upgrades to better monitor each machine’s operations and the ability to detect possible money laundering and fraud. The system will also be able to detect if the machines are being operated within approved hours.
“The new system will include enhancements to ensure the integrity of gaming operations in NSW, including detecting potential money laundering activities, in-venue fraud and ensuring gaming machines operate within approved times,” the spokesperson explained.
“The new system will also provide a number of enhancements for venues including new tools such as cash flow analysis reports.”
April 16, 2017