Sweden’s gambling regulator – Spelinspektionen is planning to impose a hefty fine on the companies that breach the anti-money laundering regulations.
The online gaming operators that involve online transactions of any sort need to make sure that platforms offer software that can protect personal as well as financial details.
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The Government of Japan is planning to establish a casino management commission by January 2020.
Leaked footage shows a person handing over a huge cash bag to a cashier in a gambling venue VIP room run by Suncity.
As per the UKGC investigation, Petfre failed to carry out adequate source of funds checks on a customer who deposited £210,000, and lost £140,000.
It has been reported that more than €1 billion in assets have been confiscated as a result of Galassia inquiry.
A European watchdog Moneyval has criticized Malta over repeatedly failing to act on anti-money laundering and financial crimes.
Silverbond Enterprise Limited failed to implement enhanced due-diligence on its top 250 customers, breaching licensing provisions on AML operator responsibilities.
Wolverhampton’s Premier Casino – Casino 36 has been fined by the UK Gambling Commission over serious AML and social breaches for a hefty amount of £300,000.
A recent report by the British Columbia government on money laundering provided conclusive evidence that more than US$5.2 billion was laundered alone through the province.