Money Laundering | World Casino News

Indicted San Diego card rooms seek reopening before Christmas

December 20, 2015

Latest Casino and Gambling News, California, Money Laundering

Two card rooms in San Diego County that FBI raided just a few days ago are now fighting to reopen in time for Christmas. The card rooms, Seven Mile Casino and the Palomar Card Club, both say they have done no w...

UKGC fines Caesars £845k for lax money laundering protocols

Sadonna Price

December 17, 2015

Latest Casino and Gambling News, Money Laundering, Fines, Lawsuits & Litigation, United Kingdom

Caesars Entertainment was fined by the UK Gambling Commission for falling short of the protocols set in place for anti-money laundering (AML). On Wednesday, the UKGC posted a notice on their website, stating th...

Macau authorities investigate two officials who are suspected of taking bribes

Renee Kingsley

December 16, 2015

Casino Cheating, China, Money Laundering, Asian Casino News, Macau, Racketeering, Crime, Bribery

Chinese President Xi Jinping launched an anti-corruption crackdown in Macau due to growing concerns that government officials in high level positions were taking advantage of their power and using it for person...

Indicted California card room operator was not permitted to run club: Reports

Sadonna Price

December 16, 2015

Latest Casino and Gambling News, California, Money Laundering, Unlicensed Operation, Fines, Lawsuits & Litigation

Last Wednesday, the Palomar Card Club of California was raided by FBI agents after an investigation found the venue was operating illegally. The operator of the casino, Naseem Salem, is accused of not reportin...

Macau authorities turn their attention to AliPay operations

Renee Kingsley

December 15, 2015

Casino Cheating, Money Laundering, Unlicensed Operation, Macau, Asian Casino News, Crime

There appears to be no let up in Macau’s anti-corruption crackdown on the gambling industry as Macau authorities recently announced that they were going to keep a close watch on all AliPay operations. Alibab...

AGA releases new Best Practices for anti-money laundering compliance

Lars Jones

December 10, 2015

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

On the anniversary of the first ever comprehensive guidance on Anti-Money Laundering (AML) Best Practices, the American Gaming Association (AGA) released updates yesterday to help operators come into and stay i...

FBI raids clubs; Arrests in 5 states for illegal sports betting

Sadonna Price

December 10, 2015

Latest Casino and Gambling News, U.S.A., California, Money Laundering, Illegal Bookmaking, Unlicensed Operation

It was announced yesterday by federal authorities that a total of 25 individuals were indicted for their role in a large gambling ring spanning across the US and internationally. The scheme was able to net prof...

Dore junket investors continue to hold protests outside Wynn Macau casino

Renee Kingsley

December 8, 2015

Gaming Law & Legislation, Casino News, China, Money Laundering, Asian Casino News, Macau, Financial Fraud

The once thriving casino industry in Macau has suffered its 18th consecutive month of declining revenue and one of the main reasons for this decline is attributed to the drop in VIP customers from Mainland Chin...

Macau’s new DICJ Leader promises to amend gaming laws to revive casino industry

Renee Kingsley

December 2, 2015

Gaming Law & Legislation, Casino Cheating, China, Money Laundering, Economy/Finance, Macau, Asian Casino News, Fines, Lawsuits & Litigation

While it is clear that Beijing’s anti-corruption crackdown on the Macau industry has caused the casino industry to suffer its biggest market slump, questions must also be raised about Macau’s gambling regulatio...

Betsson manager charged with €153,000 fraud, money laundering for defrauding partners

Sadonna Price

November 29, 2015

Latest Casino and Gambling News, Money Laundering, Online Gambling News, Conspiracy, Malta

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Christiaan Alexander Van Dalen is a former affiliate manager for Betsson AB, an online gambling operator, who has been accused of stealing money from the company by using his position. Van Dalen had access to c...

Efforts to curb underground banking beefed up by China

Kim M

November 25, 2015

Casino News, Latest Casino and Gambling News, China, World Casino News, Gaming Industry News, Money Laundering, Illegal Bookmaking, Unlicensed Operation, Macau, Online Gambling News, Asian Casino News, Financial Fraud

After the country’s largest underground banking operation was dismantled by authorities in China last week, handling online gambling transactions in the country could become much more difficult. Approximatel...

Heavy sentences for illegal gambling rings in Vietnam

Sadonna Price

November 15, 2015

Latest Casino and Gambling News, Money Laundering, Illegal Bookmaking, Vietnam

Online gambling site M88.com has been connected to an illegal betting ring and authorities in Vietnam have given heavy sentences to those involved. A Ho Chi Minh City court on Friday sentenced 30 individuals to...

FBI & AGA partner for online sports betting hotline

Kim M

November 11, 2015

Latest Casino and Gambling News, Casino News, Gaming Industry News, Money Laundering, Illegal Bookmaking, Unlicensed Operation, Online Gambling News, Sports betting, Crime

The Federal Bureau of Investigation (FBI) and the American Gaming Association (AGA) have announced the agencies will join forces to combat illegal online gambling, specifically focused on sports betting where u...

Three charged in largest bank breach in history

Lars Jones

November 10, 2015

Israel, Latest Casino and Gambling News, Hacking, Money Laundering, Data Protection, Unlicensed Operation, Online Gambling News, Conspiracy, Financial Fraud, Russia, New York

Two men being held in Israel after their arrests in July, and a U.S. citizen believed to be hiding out in Moscow have been charged with stealing the contact details of up to 100 million customers of banking gia...

CFA wants Las Vegas Sands Corp and billionaire Sheldon Adelson to be investigated

Renee Kingsley

November 9, 2015

Las Vegas, Money Laundering, Unlicensed Operation, Asian Casino News, Macau, Conspiracy, Racketeering, Crime, Bribery

Update 11-26-2015: CfA retracts public comments and allegations, issues apology. Sheldon Adelson, billionaire and chairman of the Las Vegas Sands (LVS) is known for having strong political ties in the nation...

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Indicted San Diego card rooms seek reopening before Christmas

UKGC fines Caesars £845k for lax money laundering protocols

Macau authorities investigate two officials who are suspected of taking bribes

Indicted California card room operator was not permitted to run club: Reports

Macau authorities turn their attention to AliPay operations

AGA releases new Best Practices for anti-money laundering compliance

FBI raids clubs; Arrests in 5 states for illegal sports betting

Dore junket investors continue to hold protests outside Wynn Macau casino

Macau’s new DICJ Leader promises to amend gaming laws to revive casino industry

Betsson manager charged with €153,000 fraud, money laundering for defrauding partners

Efforts to curb underground banking beefed up by China

Heavy sentences for illegal gambling rings in Vietnam

FBI & AGA partner for online sports betting hotline

Three charged in largest bank breach in history

CFA wants Las Vegas Sands Corp and billionaire Sheldon Adelson to be investigated

Jamul Casino Resort to Launch New Luxury Hotel Tower This Spring

Light & Wonder Hits $3.2B Revenue in 2024, Divests Live Dealer Games

Philippines Boosts AML Efforts Post-FATF Delisting, Eyes iGaming Risks

Kewadin Casinos to Reopen in Stages Following Cyberattack

Apollo’s IGT Acquisition Moves Forward as Mega Millions Ticket Price Increases