Featured Gaming

Philippines: Bill strengthening AMLA gets final Senate nod

The Senate has approved on third and final reading a bill seeking to strengthen the Anti-Money Laundering Act (AMLA). Senate Bill No. 1945 garnered 21 affirmative votes and no negative votes during Monday’s session. “There are cracks in our financial institutions that some people have used to their advantage. With… Read More

Australia: Money laundering fears in NSW as poker machine profits surge in pandemic

The NSW Crime Commission fears the Australian economy could become a safe haven for ill-gotten money as international criminals, like legitimate businesses, are drawn by the nation’s successful management of the COVID-19 crisis. The commission’s concerns have emerged as new figures show the state’s poker machine profits in the final… Read More

Crown tightens money transfer rules as licence review looms

Crown Resorts has introduced new requirements for gamblers who want to transfer funds to the casino giant, which is scrambling to improve compliance before an urgent review of its Victorian licence by the state government. In a belated attempt to stop money laundering at its Melbourne and Perth casinos, Crown… Read More
21st December 2020
The number of cases of suspected match-fixing in esports has more than doubled in 2020 amid fears that Covid-19 has contributed to a surge in corruption in competitive video gaming. Criminal gangs – including mafia groups and Chinese triads – are among those orchestrating corruption in esports. Esports – competitive… Read More
14th December 2020
Crown Resorts faces a new shareholder class action alleging investors were misled and harmed by the casino giant’s dysfunctional governance which led to possible breaches of anti-money laundering laws. Shares in the James Packer-backed group fell 8 per cent on October 19, wiping $500 million off Crown’s market value,… Read More
13th November 2020
Daryl Tottenham, the man with oversight of anti-money-laundering programs in B.C. casinos, still can’t fathom why his predecessor went to the media. Tottenham told the Commission of Inquiry into Money Laundering in B.C. this week that his former supervisor Ross Alderson was suffering a mental breakdown and the whistleblower’s allegations… Read More
10th November 2020
The Crown Resorts probity inquiry has raised the prospect of the casino giant facing criminal charges for dealing with the proceeds of crime after it allowed dirty cash to be laundered through its bank accounts. In the fourth day of closing submissions to the NSW Independent Liquor and Gaming Authority… Read More
6th November 2020
The B.C. Lottery Corporation took no action against a high roller who’d been caught taking a large cash delivery from a banned loan shark who was actively being investigated by the RCMP for money laundering, a provincial inquiry heard Wednesday. Daryl Tottenham, an anti-money laundering investigator with the Lottery… Read More
4th November 2020
B.C.’s public inquiry into money laundering heard more testimony on how front-line casino regulators and investigators did not have – or did not think they had – the authority to stop bags of $20 bills from being cashed in by patrons. This time, it was former Gaming Policy and Enforcement… Read More
28th October 2020
Vast amounts of cash started flowing into British Columbia’s largest casino in 2010 and transactions of $800,000 or more became common as players hauled in bags, suitcases and backpacks full of cash, an inquiry heard Monday. Steven Beeksma, who worked as a surveillance manager at the River Rock Casino in… Read More
28th October 2020
The Senate will start hearing the proposals to amend the Anti-Money Laundering Act (AMLA) to help boost the government’s efforts against the entry and flow of illegal money in the Philippines. “We expect to have an all-hands-on-deck involvement of top officials of concerned agencies in tackling this vital anti-corruption and… Read More
27th October 2020
The financial crimes watchdog in 2017 said junket partnerships with Australian casinos were compliant with anti-money laundering laws, despite detailed evidence in a NSW probe revealing alleged money laundering at Crown Resorts has been rife for years. An Austrac report obtained by News Corp revealed the financial crimes regulator ticked… Read More
22nd October 2020
In her first public remarks on the investigation into Crown, Australian Transaction Reports and Analysis Centre chief executive Nicole Rose told a Senate hearing that the financial intelligence agency had “serious concerns” about the casino operator’s conduct. Crown’s Melbourne casino filed almost 50,000 reports to AUSTRAC in 2019, primarily because… Read More