QLD Responsible Gambling Code of Practice: Financial Transactions

Responsible Service of GamblingThe Queensland Responsible Gambling Code of Practice commits the gambling industry to implement and adhere to responsible gambling practices. These practices are organised into six broad categories including category five – “financial transactions.”

Financial transactions

5.1 ATM facilities

  • ATMs are not to be located in close proximity to designated gambling areas, or in the entry to gambling areas, where safe and practicable.

5.2 Cashing of cheques and payment of winnings

  • Gambling providers or sectors of the industry are to establish a limit above which all winnings are paid by cheque or electronic transfer.

  • Gambling winnings above the set limit are paid by cheque and are not cashed on the gambling provider’s premises until the next trading day or within 24 hours of the win.

  • The following cheques can be cashed only by prior arrangement:

    • Cheques not made payable to the gambling provider;

    • Cheques not made payable to the person presenting the cheque;

    • Multiple cheques.

5.3 Credit betting (lending of money)

  • Gambling providers are not to provide credit or lend money to anyone for the purpose of gambling.

Enrol in an RSG course today to learn more about the Queensland Responsible Gambling Code of Practice, and how to lawfully conduct financial transactions.