Money Laundering

July 23, 2016 0

Las Vegas Sands Chairman and billionaire has been cleared of all foreign-money allegation charges by the Federal Election Commission (FEC)...

Hawaiian Gardens Casino levied $2.8m fine by FinCEN for AML lapses

July 18, 2016 0

The United States Financial Crimes Enforcement Network announced this past Friday that they were able to reach an agreement with...

New Senate bill in the Philippines looks to crack down on money laundering in casinos

Renee Kingsley

July 8, 2016 0

Legislators in the Philippines are looking to introduce a new bill aimed at imposing tighter regulations on money laundering activities...

Four charged in illegal online sportsbetting operation

Adam Morgan

July 4, 2016 0

Authorities in New York have charged four men with running an illegal online sportsbetting operation that raked in at least...

Betfred agrees settlement for anti-money laundering failures

Adam Morgan

June 15, 2016 0

British bookmaker Betfred has reached a settlement with the Gambling Commission regulator that will see it pay a fine of...

Probe into Bangladesh Bank heist ended by Senate

May 23, 2016 0

The investigation into the theft and laundering of approximately $81 million from the bank account of the Bangladesh central bank...

Normandie Casino license suspensions could mean end of California’s first card room

May 16, 2016 0

The oldest card club in the state of California may soon close its doors due to money-laundering convictions faced by...

AML laws of Philippines to be strengthened after $81M bank heist

May 12, 2016 0

In February, hackers managed to steal $101 million from bank accounts in New York for account holders located in Bangladesh....

Cash hacked from Bangladesh bank returned by junket operator

May 5, 2016 0

Chinese casino boss and junket operator in the Philippines, Kim Wong, has turned over $5 million, in what is believed...

U.S. Attorney’s office indicts Pellegrini, former VP at Mohegan Sun Pocono

Lars Jones

April 20, 2016 1

An alleged love triangle drama gone bad with “crime never pays” subtitles has resulted in a 21 count federal indictment...

British Columbia government and new task force collaborate to stop money laundering in casinos

Renee Kingsley

April 12, 2016 0

Canada’s Civil Forfeiture Office (CFO) filed a lawsuit in January 2016 against two individuals who were suspected of money laundering...

PAGCOR defends gaming industry amidst money laundering incident

April 3, 2016 0

Philippine Amusement and Gaming Corporation Head Cristino Naguiat Jr. recently spoke with reporters, defending the gambling industry, stating that casinos...

Feds say Missouri drug suspect spent millions at an Oklahoma casino

March 20, 2016 0

According to Federal prosecutors, more than $10 million was put into slot machines at a casino in Oklahoma by an...

Feds say $2 million in Amazon gift cards laundered by 5Dimes sports book