Tag: money laundering

Browse our exclusive articles!

Offshore Betting Site Tapped Singapore Firms: Report

Asia Kyle Kevin Kyle Kevin -
A Straits Times probe found an illegal offshore gambling site allegedly used Singapore firms to process PayNow bets during the World Cup. Players risk jail.

Macau Says Proxy Betting Under Control as Crime Rises

Casino News Kyle Kevin Kyle Kevin -
Macau's security chief says casino proxy betting is under control, though gaming-related crime rose 12.2% in H1 2026. The DICJ met all six concessionaires.

Sportsbet Clears AML Remediation, AUSTRAC Closes Case

Regulation Kyle Kevin Kyle Kevin -
AUSTRAC has closed its enforceable undertaking with Sportsbet after the bookmaker fixed serious AML control failures, verified by an external auditor.

Popular

Dutch Gambling Age 18 Birthday Accounts KSA Study

Regulation 0
KSA data shows 11% of Dutch 18-year-olds open gambling accounts on their birthday. A politician wants the age raised to 24, but the regulator warns this would push young adults to illegal sites.

QuinnBet UKGC Fine £609K AML Safer Gambling Failures

Regulation 0
QuinnBet pays £609,104 to the UK Gambling Commission for AML and social responsibility failures including missed suspicious activity, delayed SARs, and a customer who placed 7,000 bets in a day without triggering alerts.

Lula Brazil Betting Ban Threat BRL7.3B Tax Risk

Regulation 0
Brazilian President Lula intensifies attacks on betting, calling it a "scourge of lies." A ban would eliminate BRL7.3B in first-half 2026 tax revenue and risk pushing 60% of licensed bettors into the illegal market, which already controls 38-44% of activity.

Macau Casino Market Competitive Post World Cup 2026

Macau 0
Macau's casino market is recovering from World Cup-driven GGR declines but remains highly competitive, says Seaport Research after meetings with MGM and Wynn management. Wynn Macau Q2 operating income rose 26.9% while MGM China revenue held flat.

Subscribe

spot_imgspot_img