GAMING PAYOUTS & AML FOR PUBS & CLUBS: GETTING COMPLIANT, HOSTED BY BERNIE BROOKES AM
You’re Invited: Cruz Technologies Lunch
You’ll know the pressure building around gaming payout compliance, with the Independent Liquor and Gaming Authority (ILGA) and the Australian Transaction Reports and Analysis Centre (AUSTRAC) both sharpening their focus on large payouts and high-risk transactions.
What is Cruz Payouts?
In short, it takes cash out of large gaming payouts. When a patron has a significant win, the venue verifies their identity through the platform, the payout is approved through a controlled workflow, and the funds settle directly to the patron’s bank account. Every step is time-stamped and recorded, so your anti-money laundering (AML) program has a complete audit trail rather than a cash transaction and a manual register entry. For the venue, that means less cash held and moved on site, faster and cleaner payouts for patrons, and records that stand up when ILGA or AUSTRAC come asking. Cruz Payouts has been running live across the Momento Hospitality venues since April.
Join the Cruz Team for lunch on 10th September at 25hours Hotel, 1 Oxford Street, Paddington
Learn from Cruz experts:
- The industry view – Bernie Brookes AM.
- The regulator’s lens – Craig Robertson.
- Cruz Payouts in practice – The Cruz team.
- Open discussion over lunch – Your questions
Details are here (RSVP is required): https://mailchi.mp/71bb2fdfaabc/cruz-technologies-lunch-invitation?e=c6e0193d88
For a quick look beforehand, here’s a short video (opens directly, no download needed): https://players.brightcove.net/pages/v1/index.html?accountId=911504923001&playerId=GTgYusQwL&videoId=6403188662112&autoplay=true
