if i have a $50 bet and manage to win $1200 how is that money laundering ...if i placed a bet of $5,000 then sure ask the question...this stupid rule has nothing to do with someone who manages to jag a win ...why should have to prove to your organisation who i am...change this invasive rule to those placing bets in large amounts..
Voice of reason
We 100% agree with your comments. This “rule” resulted from government Anti-Money Laundering (AML) changes that came into effect on 1 August and not from TAB policy or the like. We lobbied hard for the limit to be higher - ideally more closely aligned with Australia however we weren’t successful at the time. We can assure you that we are actively working with the Ministers Office and also the Department of Internal Affairs, who oversee these matters, to encourage change. In the interim, it’s really important we’re very clear with punters about what is required, particularly as we come up to the Spring Carnival, so we’ll be working hard to get the message out.
Rita
For your eyes only Brodie
Greg
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