Crown Melbourne will implement new gambling measures as part of new laws introduced by the state of Victoria designed to combat money laundering and provide stronger protection for consumers.
Poker Will Suffer
The new rules target slots gaming but they could impact other areas of Crown Melbourne’s casino operations, including poker. The Aussie Millions, one of the world’s most popular poker festivals, is usually held at the Melbourne venue. But with new gambling laws due to take effect, the prestigious tournament could now become a thing of the past.
Under new laws, slots players at Crown Melbourne will be required to set a loss limit before they can play. Victoria has also set a cash spending cap of just AU$1,000 within 24 hours. The limits will result in a significant drop in revenue for Crown, and the casino will be forced to regain the losses in other aspects of the business.
No Aussie Millions in 2022?
Crown Melbourne could very well set its eyes on its poker offering considering that it does not make that much money for the casino. Other casino table games, such as baccarat, blackjack, and roulette, perform better than poker in terms of revenue. With this, poker players cannot expect to see Aussie Millions happening in 2022 and for the next few years at Crown Melbourne. In the worst-case scenario, the festival could be completely dropped.