Queensland is planning to strengthen its gambling laws before a new casino opens at Brisbane's Queen's Wharf development, to be operated by Star Entertainment.
The proposed changes are a response to recent inquiries into interstate casinos, and will help prevent criminal influence, Attorney-General Shannon Fentiman says.
"These reforms seek to address concerns which have emerged from the public inquiries into casinos operated by Crown Resorts in New South Wales, Victoria and Western Australia, as well as investigations under way into The Star Entertainment Group," she said.
"As a result of the changes, there will be significant pecuniary penalties as a disciplinary action of up to $50 million."
As well as increased penalties, the changes aim to improve compliance and gambling harm minimisation measures.
The NSW gaming regulator is investigating whether The Star Sydney has been subject to criminal infiltration, and if the venue's casino licence should be stripped.
Lawyers assisting the regulator are due to make their closing submissions next week after months of evidence.
Queensland has so far resisted calls to hold its own public inquiry.
"The government will very carefully consider the allegations made in relation to Star - they will continue the investigations that are under way - and also the outcomes of any inquiries," Ms Fentiman told parliament in March.
Queensland's Office of Liquor and Gaming Regulation and the Australian Transaction Reports and Analysis Centre, the federal regulator, have been investigating the company.
The proposed bill also includes a transition towards cashless gaming.
"Moving towards more traceable electronic transactions was also a recommendation of the Finkelstein Inquiry into the Crown Casino to prevent money laundering," Ms Fentiman said.
Further changes may be considered at the conclusion of investigations into The Star Entertainment Group.
