Money Laundering

Macau arrests eleven over illegal mainland gambling allegations

Adam Morgan
Latest Casino and Gambling News, Casino News, Gaming Law & Legislation, Online gambling regulation, Gaming Industry News, Money Laundering, Economy/Finance, Unlicensed Operation, Macau, Online Gambling News, Crime, Financial Fraud
In Macau and the Judiciary Police has reportedly announced the arrest of eleven individuals for allegedly having ties to illicit gambling supposedly being conducted by local junket giant Suncity Group. Accor...

LeoVegas AB rolls out bespoke deposit limits for British punters

Adam Morgan
Online gaming software, Latest Casino and Gambling News, Gaming Industry News, Technology, Mobile gaming, Money Laundering, The Players Lounge, Online Gambling News, Crime, Fines, Lawsuits & Litigation, United Kingdom
Prominent iGaming operator LeoVegas AB has reaffirmed its commitment to creating a safer gambling environment by allowing all of its customers in the United Kingdom to instantly set individualized deposit limit...

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, Economy/Finance, Money Laundering, 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
Latest Casino and Gambling News, Australia, Casino 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, Money Laundering, Economy/Finance, 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
Gaming Law & Legislation, Latest Casino and Gambling News, 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...