Money Laundering

Crown Resorts Limited to carry on in Melbourne despite ‘disgraceful’ verdict

Adam Morgan
Latest Casino and Gambling News, Australia, Casino News, Gaming Law & Legislation, Gaming Industry News, Money Laundering, Economy/Finance, Licenses, Mergers, Acquisitions & Partnerships, Crime, Fines, Lawsuits & Litigation
In Australia and the Victorian royal commission looking into the local gambling license suitability of Crown Resorts Limited has reportedly branded the local casino operator’s attitude towards implementing effe...

Crown Resorts Limited shareholders rebel over remuneration revelations

Adam Morgan
Australia, Casino News, Latest Casino and Gambling News, Gaming Industry News, Money Laundering, Economy/Finance, Licenses, Mergers, Acquisitions & Partnerships, Crime, Bankruptcy, Fines, Lawsuits & Litigation
For the second consecutive year and a large number of shareholders in Crown Resorts Limited have reportedly rebelled against the firm currently under investigation by casino regulators for the states of Western...

Philippines puts POGO pair on notice over anti-money laundering compliance

Adam Morgan
Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, Gaming Industry News, Economy/Finance, Money Laundering, Online Gambling News, Taxation, Crime, Philippines
In the Philippines and a pair of firms holding a Philippine Offshore Gaming Operator (POGO) license are reportedly in serious trouble after failing to adequately cooperate with official anti-money laundering co...

China reiterates nationwide cryptocurrency prohibition

Adam Morgan
Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, China, Gaming Industry News, Money Laundering, Economy/Finance, The Players Lounge, Online Gambling News, Crime, Financial Fraud
The central bank for China has reportedly issued an official statement in order to remind citizens that it remains illegal to conduct transactions using a digital currency or engage in any form of cryptocurrenc...

Gambling Commission regulator fines Lottoland.co.uk operator

Adam Morgan
Latest Casino and Gambling News, Online gambling regulation, Gaming Industry News, Money Laundering, Economy/Finance, The Players Lounge, Online Gambling News, Crime, Fines, Lawsuits & Litigation, United Kingdom
In the United Kingdom and the Gambling Commission regulator has ordered online casino operator EU Lotto Limited to pay a fine of £760,000 ($1.04 million) for failings in its anti-money laundering and social res...

Swedish iGaming regulator issues updated anti-money laundering guidance

Adam Morgan
Sweden, Gaming Law & Legislation, Latest Casino and Gambling News, Online gambling regulation, Gaming Industry News, Money Laundering, Economy/Finance, Licenses, The Players Lounge, Sports betting, Online Gambling News, Crime
In Sweden and the Spelinspektionen regulator has announced the release of new guidance that has been designed to help locally-licensed iGaming operators more effective counter money laundering and terrorist fin...

Daub Alderney Limited hit with £5.85 million Gambling Commission fine

Adam Morgan
Latest Casino and Gambling News, Online gambling regulation, Gaming Industry News, Money Laundering, Economy/Finance, The Players Lounge, Online Gambling News, Mergers, Acquisitions & Partnerships, Licensing, Fines, Lawsuits & Litigation, United Kingdom
In the United Kingdom and the Gambling Commission regulator has ordered online casino operator Daub Alderney Limited to pay a £5.85 million ($8.06 million) fine for breaches of its social responsibility and ant...

Lady Luck Card Room owner agrees California plea deal

Adam Morgan
Gaming Law & Legislation, Latest Casino and Gambling News, Casino News, Casino closures, Gaming Industry News, Brick-n-Mortar Poker Rooms, Money Laundering, California, Illegal Bookmaking, Poker, Licenses, Sports betting, Racketeering, Crime, Fines, Lawsuits & Litigation
The Attorney General for the American state of California, Rob Bonta (pictured), has announced the signing of a settlement agreement regarding allegations that the owner of the now-shuttered Lucky Lady Card Roo...

Victoria to inaugurate new gaming watchdog featuring bespoke casino unit

Adam Morgan
Australia, Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, Gaming Industry News, Money Laundering, Economy/Finance, Licenses, Crime, Fines, Lawsuits & Litigation
As part of its ongoing investigation into the license suitability of Crown Resorts Limited and the government for the southern Australian state of Victoria has reportedly announced that it is to establish a ded...