Clik here to view.
Dominican Republic – New certification programme to combat money laundering...
The Association of Commercial Banks (ABA) has reported that it has introduced the first Certified Anti-Money Laundering Certification focused on casinos and other gambling companies. The programme is...
View ArticleClik here to view.
UK – Park Lane Club’s owner under investigation in Ukraine
Park Lane Club, one of London’s most prestigious casinos, has had a licence review forced on it by the Gambling Commission, following the Ukrainian Prosecutor General’s Office’s seizure of its owner...
View ArticleClik here to view.
Sweden – Casino Cosmopol fined for breaching money laundering laws
Sweden’s state-owned casino operator Casino Cosmopol has been fined SEK8m (€780,200) by national regulator Lotteriinspektionen for what it called ‘serious shortcomings’ regarding laws on money...
View ArticleClik here to view.
Sweden – Cosmopol appeals fine due to ‘absence of clear regulations’
Sweden’s state-owned casino group Casino Cosmopol has appealed against a fine issued by Swedish regulator Lotteriinspektionen for breaching money laundering laws. Regulator Lotteriinspektionen fined...
View ArticleClik here to view.
Uruguay – Anti-laundering fine set at US$2m for Uruguay’s casinos
Casinos in Uruguay that do not report suspicious transactions could be fined as much as up to US$2m, according to new regulations put in place by the National Anti-laundering Secretariat. Director of...
View ArticleClik here to view.
UK – Casino 36 hit with penalty package for responsibility breaches
Personal management licence holders at Casino 36, the operator of casinos in Stockport, Wolverhampton and Dudley, must undertake extra training as part of a £300,000 penalty package for money...
View ArticleClik here to view.
UK – Betfred fined £322,000 for money laundering failures
Online gambling operator Petfre (Gibraltar) Limited, trading as Betfred, will pay £322,000 for money laundering failures following an investigation by the Gambling Commission. The investigation...
View ArticleClik here to view.
US – AGA releases Best Practices for Anti-Money Laundering (AML) Compliance
The American Gaming Association (AGA) has released updated Best Practices for Anti-Money Laundering (AML) Compliance , which reflect the industry’s leading commitment to compliance and guide casinos’...
View ArticleClik here to view.
UK – Caesars facing £13m fine in the UK as three senior managers lose their...
The Gambling Commission has announced that Caesars Entertainment UK Limited is to pay £13m and must implement a series of improvements following a catalogue of social responsibility, money laundering...
View ArticleClik here to view.
Singapore – Investigation at Marina Bay Sands could send VIPs to rival
Las Vegas Sands’ Singapore casino Marina Bay Sands is being investigated by the US Department of Justice (DOJ) for potentially breaching anti-money laundering laws. The DOJ has reportedly issued a...
View Article