Brodie

Ranga, you are a dickhead

Nowornever, Where does it say in the flippen Act that it is to be $1k for Casinos or TAB? If the DIA wanted and had agreed on the $1k then why the hell has it not been written into the flippen act? Answer me that one Mr Noworknowall???? I can tell you from experience that the NZ TAB tells porkies!

Chief, you are correct but as I keep saying the NZ TAB is behind the $1k limit not the DIA! The $1k enables the TAB to know so much more about who is winning and so they can restrict them, and gives them total control that is what it is about. Anyway I have more than said my bit about this topic. It was not me that picked up about the 1k that the TAB has adopted rather than the AML Act saying that it should be $10k. I will leave it now to everyone else to bet and be restricted and let’s see if everyone is happy about it. I am over the BS from the NZ TAB!!!!!!!!

Where is the lie Ranga?? Every punter is being treated as a launderer by requiring anyone that collects $1k as a possible launderer even if they bet $2

And your point is????? Where does it say that they want the TAB to get identification from everyone who bets or collects $1k rather than the $10k???????

Good, but not that good!

Still $10k CP as at 3/7/19 unless someone can find it has been amended. TAB initiative and blaming on MOJ

As per 3/7/19 it still appears to be 10k unless someone can find where it has been altered by the Ministry of Justice? Appears to be a TAB initiative but blaming on MOJ!

That is what I said Ranga, dah!

Hardly a great look Ranga No restrictions if I am not unloading!

Even the pub TABs are going to have to get the iDs as well, and during busy times it will be a pain in the butt for staff who work pouring drinks and the TAB! Ridiculous decision, they deserve to get reduced turnover!

Bollocks. The TAB hierarchy who are paid big money can surely point out the error of their ways to the Dept. of Internal Affairs If they insist that it is their idea to not fun with the AML act which clearly states the figure of 10k!!!!!!!! Why does the DIA believe that it should be on pathetic amounts of $1k for the TAB, do they think that there is plenty being laundered thru the TAB agencies???? If people are putting money thru TAB accounts as laundering then it is so easy to trace, so it is only agencies and oncourse that it will involve. We are not that stupid to believe that the DIA suggested the TAB adopt $1k and involve every single transaction over $1k even if it is from someone that has been lucky enough to get a trifecta!! Look, going around in circles and we are all entitled to believe what we like, but if punters believe that people are money laundering thru the TAB from spending $2 and should have to prove who they are, then they are delusional!!!

Totally correct Chief! It is another badly thought out policy from the TAB. It is hard to understand how the people that make these stupid decisions and policies ever get to be in these positions to be able to make these stupid decisions. It will come back to bite them on the butt!

Totally agree Whiplash that the TAB needs laundering to increase their turnover and profit. I reiterate it is not to do with money laundering the reduced amount of 1k rather than the 10k. It is all about being able to control the punters otherwise why isn’t the AML act altered to the $1k???? Why not because the NZ TAB in their wisdom want it and no one will be able to convince bigger punters otherwise.

Don’t bother reading and commenting then. You obviously can not take much then? A Forum is designed for people to express their opinions whether you agree with it or not! The fact remains that the decision to treat every punter as a possible money launderer is just blatantly stupid and the TAB is wanting to increase profit going forward?

Shodsie, thanks for that. That being the case that the TAB didn’t want to bring it in, why did they accept it when the AML/CFT Act says $10k? I have not got a problem with sorting out any money laundering but I can not see how the TAB could not get thru to DIA that someone betting $2 and collecting $1k off a trifecta is likely to be money laundering. What was the reasoning by the DIA that all punters that spent or collected $1k was wanting to launder money? A regular punter of large amounts and collects if known to the TAB and checked out, should not be having to identify theirselves to the TAB and Big Brother every time. The TAB over the past few years have gone to lengths to stop their customers who are somewhat successful from betting with the TAB! This policy just totally enables the TAB to know who every punter is that wants to bet a reasonable amount and limit them to pathetic amounts. I for one am not prepared to play this stupid game that has come in. I am not and never needed to be a money launderer, and as such will not accept being treated like one and have to identify myself everytime I get a collect!

They would have to in terms of the AML and if they purchased 10k of chips If the TAB was a casino it would be 1k as they don’t follow the AML Act rules

And u are a lawyer? I am on the money Tonka if it was contested in a court. Don’t give a rats what u think, it is blatantly just another morally and poor policy from a business that is haemorhaging U are entitled to an opinion at the end of the day the punters will vote with their feet. I don’t rely on punters for business, let’s see what the bigger punters think when it is enforced. Just another bad decision?

Wouldnt Expect too many to be winning 10k and if they were they would be known to the casino as prob highrollers

Whiplash, Brodie always voices his opinion when he knows things are not right, and this is not right. Not sure how the self service machines are going to work but I bet they will program them so that bets and collects over 1k won’t work. And yes I may well start throwing out some tips as I won’t be betting with the NZ TAB if they maintain the one tenth policy

No the Casino is 10k by the look of it. It is the NZ tAB that is only 1k!

You can defend the TAB to the cows come home. Why doesn’t the TAB come out and tell us the truth in that it is to stop winning punters and the convenience of the AML act can now do that for them. Until someone pointed out the AML / CFT requirement at $10k today i wasn’t aware of that, although I knew that it was not to do with the AML act that the 1k was brought in. I am not a money launderer, never have been and don’t need to be one. The fact is that people that know Brodie can vouch for that and I could prove that to the TAB but to have to tell them every time I bet or collect who I am takes away every chance of me making money from gambling. Anyway would be good if someone from the NZ TAB could come on here or media and advise us why they are adopting a one tenth of the requirement amount that has to notified? Doubt that will happen as we know why, don’t we!?

What a stupid thing to say. This is a racing forum and the TAB is a racing topic and there policy is so out of line with the requirements under the AML, somthey should be giving their reasons. They stated that they weren’t considering punters as money launderers and yet they impose a limit of $1k? How on earth you can defend it Nowornever defies logic

It is a breach of the privacy act, that someone that what’s to have a bet is asked by a TAB agency staff member who they are and then that is passed on to the TAB! It doesn’t matter who you talk to government agencies always quote the Privacy act, If we don’t want to, why on earth should we have to identify ourselves for collecting a winning bet! Does the supermarket have to ask someone who pays cash for food who they are in case they are money laundering or someone that buys a $1000 TV from Leeming? As I say it is not money laundering that the TAB is concerned about, it is control over who is collecting money off them and we can now stop them. We only want losing punters betting with us! As I have said got no problem with the TAB questioning people if they have suspicions but a blanket policy of $1k on everything which is one tenth of the requirement for money laundering under the AML act is so ridiculous. If it is going to be policed I can tell you now, punters who bet larger amounts just won’t bother with the TAB'

Whiplash, do not think,I am paranoid, just pissed of with the NZ TAB that I have supported for many years. I am well aware that the TAB is a business and as such need to make money. However, I have personally been treated very poorly over the last few years and not just restrictions! I am not going to go into detail on here but if you had had the same things happen to you, I am sure you would be pissed as well. Whiplash, can you explain to us all why you consider the TAB is fair in allowingNZ punters to have to be subjected to ONE TENTH of the amount as required under the AML/CFT act? Look, I am at a stage where I just can not be bothered with betting with the TAB in NZ, however I feel that they should be respecting the AML act requirements and not being a law unto themselves! The current TAB is not doing any favours to the racing industry in NZ at the moment!