Murray Fish Posted March 20 Posted March 20 https://cdn.sanity.io/files/3hv6m2p5/production/d43a152bdf985dc2891bdf9c9ccd4ff16a7be4d7.pdf Quote
Murray Fish Posted March 20 Author Posted March 20 Facial recognition implementation TAB NZ completed the rollout of facial recognition technology into all 46 stand-alone TAB venues in 2023/24. Rollout of this technology into the stand-alone TAB venues has been paramount in identification of potential excluded customers (for TAB/ gaming purposes), which helps to support TAB NZ’s mission of Harm Minimisation. The main benefits of this technology include: strengthening the approach to responsible gambling and harm minimisation and wider community; instant staff alerting and improved identification of excluded persons, utilising AI technology rather than human-to-human recognition; and acting as a deterrent for excluded persons due to known prevalence of facial recognition technology. Following investment in facial recognition into current standalone TAB venues, TAB NZ is exploring its options as it looks to further invest in the wider TAB pub/club network, using the facial recognition fund. Quote
Murray Fish Posted March 20 Author Posted March 20 what does this mean? MOVEMENT IN ASSETS Trade and other receivables 25,591 (32,942) Other assets (4) 5,059 TOTAL MOVEMENT IN ASSETS 25,587 (27,883) Quote
Murray Fish Posted March 20 Author Posted March 20 KEY IMPACTS KEY SIGNIFICANT JUDGEMENTS NOTE Continuing designation of TAB NZ as a for-profit entity This strategic partnering arrangement marks a significant shift in operations for the TAB NZ business. However, the strategic partnering arrangement does not change the objectives of TAB NZ, the beneficiaries of its operations, or its founding statute. Consequently, there is no change in TAB NZ’s designation as a for-profit entity. Quote
Murray Fish Posted March 20 Author Posted March 20 FINANCIAL ASSETS AT AMORTISED COST Cash and cash equivalents 9 142,773 201,614 Trade and other receivables 10 19,095 44,571 Term deposits 15 29,020 10,000 Lease receivable 21 10,581 12,489 TOTAL FINANCIAL ASSETS AT AMORTISED COST 201,469 268,674 down $67,000,000? Quote
westbrew Posted March 20 Posted March 20 Facial recognition really???? What a crock, they have a $1000 limit where you have to provide ID for any money coming in or going out and the DIA rules about pokie betting and what is required in management of the the machines more than cover off on all of the problem gambling aspects within the retail TAB environment. Just read the financial information (even though they are doing there best to cover up the real story) the reality is the numbers that Entain and TAB talk about don't stack up in any way shape or form, the industry is sitting at the top of a fiscal cliff, and TAB 4 Ever in his positive vain is dead rite, enjoy it now. That's because there is a world of pain coming down the road. 3 Quote
Chief Stipe Posted March 20 Posted March 20 38 minutes ago, westbrew said: Facial recognition really???? What a crock, they have a $1000 limit where you have to provide ID for any money coming in or going out and the DIA rules about pokie betting and what is required in management of the the machines more than cover off on all of the problem gambling aspects within the retail TAB environment. They don't really have any option but to install the technology especially when other gambling sites are doing it. They will no doubt install the backend technology to connect to the TAB betting pods if they haven't already done so. If they don't they are entirely reliant on staff recognising problem gamblers or money laundering types. In a busy location it is almost impossible for staff to do that job. Quote
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