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Greens draft gambling regulations amendment

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Greens draft gambling regulations amendment

3News NZ

The Greens want casinos pay back takings if they are found to originate from illegal means

The Greens want casinos pay back takings if they are found to originate from illegal means

The Greens are proposing a shake-up to gambling regulations in order to ensure casinos aren't profiting from crime.

The party's drafted a bill that would amend the Criminal Proceeds of Crime Act - insisting casinos pay back takings if they are found to originate from illegal means.

MP Denise Roche says casinos already have the required technology in play.

“It’s not a big jump for them to be able to identify money-laundering money, for example, and they’ll be required to do that anyway under the money laundering and anti-terrorism act,” she says.

Denise Roche says the change is to get back the proceeds of significant crime, not to chase small amounts being blown on pokies.

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