money-laundering
Supreme Court Stays Trial in Money Laundering Case Against Lottery Operator
NEW DELHI, India (April 12, 2024) — The Supreme Court’s decision to stay the trial in the money laundering case against lottery operator Santiago Martin carries significant implications...
Three Orders and One Reprimand Issued to Mr. Green Limited for Breach of the Anti-Money Laundering Act
DENMARK, Odense C. (April 12, 2024) — On April 10th, 2024, the Danish Gambling Authority has issued three orders to Mr. Green Limited for breaching the Anti-Money Laundering Act, on risk ass...
Bet365 to Pay £582,120 for Anti-Money Laundering and Social Responsibility Failures
BIRMINGHAM, U.K. (April 4, 2024) — Bet365 is to pay £582,120 for anti-money laundering and social responsibility failures at its online business. Hillside (UK Gaming) ENC, which holds a lic...
Bulgarian Betting Working with Tax and Security Authorities on Anti-Money Laundering Improvement
BULGARIA (April 2, 2024) — Bulgarian authorities will engage in an anti-money laundering (AML) and counter-terrorist financing (CTF) initiative alongside the country’s betting industry, ded...
Government Mandate: Actions to Counter the Use of Gambling Accounts for Criminal Activity
Strängnäs, Sweden (March 22, 2024) — In government task Fi2023/03186, the Swedish Gambling Inspectorate must analyze and describe the risks of gambling accounts being used for money launder...
AUSTRAC Commences Investigation Into Online Betting Company Bet365
(March 7, 2024) — The Australian Transaction Reports and Analysis Centre (AUSTRAC) has commenced an enforcement investigation into Hillside (Australia New Media) Pty Limited (bet365). The i...
Input is Wanted for the Money Laundering Secretariat’s Indicators for Money Laundering and Terrorist Financing
Odense C, Denmark, (January 8, 2024) — The Danish Gambling Authority calls on the gambling industry to provide input to the Money Laundering Secretariat’s indicators for money launderin...
De Kansspelautoriteitt Publishes Third Version of Wwft Guidelines
THE HAGUE, NL (December 20, 2023) — De Kansspelautoriteitt (Ksa) (The Dutch Gaming Authority) has adjusted its Wwft guidelines. The last changes to the guidelines dated from the entry int...
AUSTRAC Announces Its 2024 Regulatory Priorities
BARTON, ACT (December 13, 2023) — AUSTRAC has announced its regulatory priorities for the year ahead, detailing how we plan to bolster the financial system’s resilience to money laundering...
Gambling Commission Money Laundering and Terrorist Financing Assessment 2023
Gambling Commission risk assessment 2023 published BIRMINGHAM, U.K. (December 1, 2023) — The Gambling Commission (the Commission) has released its updated version of its risk assessment of mo...
Dutch Gaming Authority Imposes Wwft Fine of 3 Million Euros on Betent
THE HAGUE, Netherlands (November 30, 2023) — The Dutch Gaming Authority (Ksa) has imposed a fine of 3 million euros on Betent. Betent is being fined because it has violated the Money Launderi...
Videoslots Ltd Receives a Warning and Penalty fee of SEK 9 million for Breaching Money Laundering Act
Strängnäs, Sweden (November 1, 2023) — During the fall of 2021, the Swedish Gaming Authority began supervising Videoslots Ltd’s work regarding money laundering and how they ensure suf...
The Swedish Gaming Authority’s Consultation Response to the Ministry of Finance’s Memorandum Fi2023/02022
Strängnäs, Sweden (September 26, 2023) — In memorandum Fi2023/02022, it is proposed that the penalty fee for violations of the Money Laundering Act should be able to amount to the same maxi...
Independent Panel Issues Invitations to Apply for the Cashless Gaming Trial
SYDNEY, NSW, Australia (September 25, 2023) — The Independent Panel on Gaming Reform has issued invitations for venues and technology providers to apply to participate in the cashless gaming...
Upcoming Event on Anti-Money Laundering: Case-Based Training
Odense C, Denmark (September 1, 2023) — The Danish Business Authority, the Danish Security and Intelligence Service, the Danish Financial Intelligence Unit, the Danish Gambling Authority, th...
Coljuegos Signs Inter-Institutional Cooperation Agreement with the UIAF and “Agreements for Legality”
Emphasis on the fight, prevention and detection of possible money laundering operations, financing of terrorism and financing of the proliferation of weapons of massive destruction. The agreement...
Landmark Reforms to Reduce Gambling Related Harm and Money Laundering
Overview By the end of 2025, Victorians will have the strongest gambling harm protections in Australia. The Victorian Government has announced new reforms to reduce gambling harm and money launderi...
Call for NSW Premier to Establish a Gambling Royal Commission
SYDNEY, NSW, Australia (August 18, 2023) — According to a loca media outlet the head of the Independent Liquor and Gaming Authority warned the NSW government two years ago that organised crim...
Betway Joins EGBA’s Anti-Money Laundering Guidelines
Betway has become the first brand outside of EGBA’s membership to sign up to the organisation’s pan-European guidelines on anti-money laundering. Brussels, 19 July 2023 – The European ...
Administrative Court Annuls the Gaming Authority’s Decision on a Warning and Penalty Fee Against ATG
Linköping, Sweden (July 7, 2023) — The Gaming Authority (Spelinspektionen) decided on 17 November 2022 to issue AB Trav & Galopp with a warning and that the company would pay a penalty ...
Cibelae, in the Agenda of Activities of the WLA
Buenos Aires, Argentina (June 22, 2023) — In the agenda of activities of the World Lottery Association (WLA) two events stand out in which the Ibero-American Corporation of State Lotteri...
AUSTRAC and Crown Agree to Proposed $450 Million Penalty
AUSTRALIA (May 30, 2023) — Crown Melbourne and Crown Perth (together Crown) and AUSTRAC have filed joint submissions with the Federal Court of Australia, proposing a $450 million penalty over...
Watertown Father and Son Sentenced to Prison for Decade-Long Lottery and Tax Fraud Scheme
More than 40 Massachusetts lottery agent licenses are to be revoked or suspended BOSTON, MA (May 25, 2023) – A father and son were sentenced today in federal court in Boston for orchestrating an ...
Use of MitID in Connection with Customer Due Diligence
DENMARK (May 25, 2023) — The Danish Financial Supervisory Authority (FSA) has published guidance on the application of MitID (every resident’s personal key to digital services in Denmar...
