Money Laundering

AMLC Study Reveals Unknown Number Of Phillipine Junket Operators’ Failure to Report Suspicious Transactions

Marija Malenovic
Casino Destinations, Casino News, Latest Casino and Gambling News, World Casino News, Gaming Industry News, Casinos of the Philippines, Money Laundering, Asian Casino News, Conspiracy, Crime, Philippines
The Philippine Anti-Money Laundering Council (AMLC) has officially released a study on suspicious transactions connected with casino junkets, which revealed many examples of junket operators who didn’t report c...

The Star Entertainment Offers Sheraton Grand Mirage Resort for $200 Million

Radosav Milutinovic
Casino Sales, Australia, Casino News, Latest Casino and Gambling News, World Casino News, Gaming Industry News, Money Laundering, Oceania Casino News, Fines, Lawsuits & Litigation
After the sale of a 10% stake in the company for around $142 million, the Australian casino giant The Star now offers its Sheraton Grand Mirage resort on the Gold Coast for $200 million. The casino corporation ...
egba

EGBA Reveals New Guidelines to Prevent Money Laundering in the Industry

Vanja Mitic
Latest Casino and Gambling News, Gaming Law & Legislation, Online gaming software, Online gambling regulation, Gaming Industry News, Money Laundering, European Casino News, Online Gambling News
The European Gaming and Betting Association (EGBA) keeps working hard to prevent money laundering in the industry. EGBA announced that new standards are included in its anti-money laundering leadership and invi...

BetMGM’s Partner Entain Acquires License Approval from Nevada Gaming Commission

Radosav Milutinovic
U.S.A., Latest Casino and Gambling News, Las Vegas, Casino News, Gaming Law & Legislation, World Casino News, North America Casino News, Online gambling regulation, Gaming Industry News, Casino moguls, Money Laundering, European Casino News, Licensed online casinos in USA, Licenses, Online Gambling News, Sports betting, Mergers, Acquisitions & Partnerships, United Kingdom, Nevada
On Thursday, the Nevada Gaming Commission unanimously approved a gaming license for the British land-based and online sportsbook operator Entain Plc, which is also the 50-50 partner of MGM Resorts International...

Star Entertainment Collects $545M After Record Statutory Loss; Suspends Dividends

Marija Malenovic
Australia, Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, Economy/Finance, Money Laundering, Conferences / Trade Shows, Licenses, Taxation, Oceania Casino News, Crime, Licensing, Taxes, Fines, Lawsuits & Litigation, Financial Press Releases
Star Entertainment Group, one of Australia's leading gambling and entertainment companies based in Brisbane, has publicly announced that it is collecting AUD$800 million, which is approximately 545 million US d...

United Workers Union Calls on NSW Government to Negotiate Acceptable Casino Duty Rates

Radosav Milutinovic
Casino proposals, Australia, Casino News, Latest Casino and Gambling News, World Casino News, Gaming Industry News, Casino project updates, Money Laundering, Employment & Careers, Poker, Taxation, Oceania Casino News, Fines, Lawsuits & Litigation
An influential Australian trade union has signalized to the New South Wales (NSW) government that the state's intention to significantly increase casino duty rates from 1 July 2023 will result in lost jobs in t...

UKGC Issues Fine To Blue Star Planet

Marija Malenovic
Latest Casino and Gambling News, Gaming Law & Legislation, Casino News, World Casino News, Online gambling regulation, Money Laundering, European Casino News, Licenses, Crime, Licensing, Fines, Lawsuits & Litigation, United Kingdom
Blue Star Planet Limited, the Malta-based operator of the 10bet.co.uk website, has to pay a £620,000 fine to the UK Gambling Commission (UKGC) for breaching anti-money laundering laws and a lack of social respo...

SkyCity Entertainment Group’s Revenue Surged 167% After Post-Lockdown Recovery; SkyCity Adelaide faces money laundering charges

Marija Malenovic
Australia, Casino News, Latest Casino and Gambling News, World Casino News, New Zealand, Money Laundering, Economy/Finance, Conferences / Trade Shows, Oceania Casino News, Crime
SkyCity Entertainment Group, a flagship gambling and entertainment company based in Auckland, New Zealand, turned its previous temporary loss of $33.7 million into a profit of $22.8 million after its operations...

The Star Served with Misconduct Claim in Financial and AML State Investigations

Radosav Milutinovic
Latest Casino and Gambling News, Gaming Law & Legislation, Australia, Casino News, World Casino News, Gaming Industry News, Money Laundering, Licenses, Oceania Casino News, Fines, Lawsuits & Litigation, Financial Fraud
Australian giant casino operator, The Star, has been served this week with another statement of claim for a securities class action in the Supreme Court of Victoria. The latest lawsuit is the second this week s...

888 Shares Down After CEO Leaves; Middle East VIP Service Stopped

Marija Malenovic
Latest Casino and Gambling News, Casino News, World Casino News, Gaming Industry News, Money Laundering, Economy/Finance, European Casino News, Middle East Gaming News, Conferences / Trade Shows, Online Gambling News, Crime, Gibraltar, United Kingdom
On January 30, Itai Prazner, Chief Executive Officer of 888 Holdings, a public company based in Gibraltar that owns several brands such as 888 sport, 888 casino and 888 poker, resigned effective immediately, an...

UKGC Issues Fine to Online Operator In Touch Games

Marija Malenovic
U.S.A., Latest Casino and Gambling News, Gaming Law & Legislation, Casino News, World Casino News, North America Casino News, Online gambling regulation, Technology, Gaming Industry News, Mobile gaming, Money Laundering, European Casino News, Licenses, Online Gambling News, Florida, Crime, Licensing, Fines, Lawsuits & Litigation, United Kingdom
In Touch Games (ITG), a leading operator, aggregator and platform provider in the mobile gaming industry, has to pay a fine of £6.1m to the UK Gambling Commission (UKGC) for breaching anti-money laundering laws...

UK Regulator Issues Warning and Fine to TonyBet

Marija Malenovic
Sweden, Casino News, Gaming Law & Legislation, Latest Casino and Gambling News, Online gambling regulation, World Casino News, Gaming Industry News, Money Laundering, European Casino News, Estonia, Licenses, Online Gambling News, Crime, Licensing, Fines, Lawsuits & Litigation
TonyBet, a leading Estonia-based online casino and sportsbook brand, must pay a fine of £442,750 to the UK Gambling Commission and will receive an official warning from the regulator for failing to implement "f...