Money Laundering

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
Las Vegas, Casino News, Gaming Law & Legislation, U.S.A., Latest Casino and Gambling News, World Casino News, North America Casino News, Online gambling regulation, Gaming Industry News, Money Laundering, Casino moguls, European Casino News, Licensed online casinos in USA, Licenses, Sports betting, Online Gambling News, 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
Gaming Law & Legislation, Australia, Latest Casino and Gambling News, Online gambling regulation, Money Laundering, Economy/Finance, 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
Gaming Law & Legislation, Casino News, Latest Casino and Gambling 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
Latest Casino and Gambling News, Australia, Casino 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
Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, Australia, 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, Conferences / Trade Shows, Middle East Gaming News, 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
Casino News, U.S.A., Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, World Casino News, North America Casino News, Gaming Industry News, Technology, Money Laundering, Mobile gaming, 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, Latest Casino and Gambling News, Casino News, Gaming Law & Legislation, World Casino News, Online gambling regulation, 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...
alvin chau

Alvin Chau, the Former CEO of Suncity Group, Sentenced to 18 Years in Jail

Vanja Mitic
Gaming Law & Legislation, Latest Casino and Gambling News, Casino News, Casino Cheating, World Casino News, Gaming Industry News, Money Laundering, Illegal Bookmaking, Asian Casino News, Macau, Crime, Fines, Lawsuits & Litigation, Financial Fraud
The trial of Alvin Chau, former CEO of Suncity Group, has finally ended. Macau Court of First Instance sentenced Chau, who was in charge of a Macau junket operator, to 18 years in prison. He has been found guil...

Vivaro Limited (VBet) Issued £337.631 Regulatory Action by UK regulator

Marija Malenovic
Cryptocurrency, Latest Casino and Gambling News, Casino News, Gaming Law & Legislation, World Casino News, Online gambling regulation, Gaming Industry News, Money Laundering, Bitcoin accepting properties, European Casino News, Unlicensed Operation, Licenses, Online Gambling News, Crime, Licensing, Fines, Lawsuits & Litigation, Malta, United Kingdom
BetConstruct's B2C subsidiary, Vivaro Limited (VBet), based in Malta, must pay a fine of £337.631 to the UK Gambling Commission after a series of actions that breached the Gambling Act 2005. A total of £337....