Featured Gaming

Sixteen Hongkongers arrested in police swoop on bookmaking syndicate that laundered over HK$180 million in 10 months

Hong Kong police have arrested 16 people in a clampdown on a bookmaking syndicate which pocketed and laundered more than HK$180 million (US$23 million) in crime proceeds over 10 months. During the operation, officers froze bank accounts containing HK$6.8 million they suspected the gang bagged through illegal gambling business. According… Read More

Casinos Concerned as Macau Eyes Digital Currency for Financial Crime Fight

Macau has moved a step closer to the potential introduction of a digital currency as it seeks to better combat money laundering and tax evasion in the world’s biggest gambling hub. The government plans to amend laws to regulate the issuance of a virtual legal tender, Chief Executive Ho Iat… Read More

Italian mafia bust reveals deep Santapaola gaming links to Malta

A Maltese company connected to the Santapaola-Ercolano mafia clan in Catania, Sicily, was alleged to have facilitated the evasion of some €30 million in taxation by Italian finance police. The investigation by the Italian anti-mafia police in Catania and its organised crime unit Scico – dubbed Operation ‘Doppio Gioco’ –… Read More
15th March 2021
Former Malta Gaming Authority CEO Heathcliff Farrugia colluded with murder suspect Yorgen Fenech to try to prevent the publication of findings of an inspection revealing weak anti-money laundering controls at the Tumas Gaming casinos. The two casinos, which were at the time run by Fenech as Tumas Gaming’s CEO, were… Read More
3rd March 2021
B.C. casino investigators probed real estate lawyers whom they had connected to private mortgages, organized crime and an alleged transnational money-laundering scheme, the province’s inquiry has heard. In testimony Tuesday at the Cullen Commission, Brad Rudnicki, a BC Lottery Corporation anti-money laundering intelligence specialist, said his investigations suggested… Read More
1st March 2021
The Anti-Money Laundering Council (AMLC) has relaxed the registration guidelines for Philippine offshore gaming operators (POGOs) as well as real estate developers and brokers. The guidelines were eased as real estate developers and brokers as well as POGOs only have until March 16 to register with the AMLC. These entities… Read More
19th February 2021
By Alessandro Ford, OCCRP, 17 February 2021 OCCRP – Italy’s four traditional mafias, along with their newer and smaller counterparts, are increasingly uniting during various criminal ventures to form one cohesive group, an Italian anti-mafia prosecutor said in an interview published on Monday. Speaking to journalist and adviser to the… Read More
18th February 2021
Iran’s millions-strong legion of gamers revel in online worlds, but they have to fight daily real-life obstacles imposed by U.S. sanctions in their quest to level up and keep playing. “It’s a problem between governments and a pain for the consumer,” said 24-year-old gamer and game journalist Amir Golkhani. “We… Read More
10th February 2021
Billionaire James Packer’s dream of opening a landmark casino in his home city of Sydney hangs in the balance after a damning report into money laundering and organized crime links found Crown Resorts Ltd. isn’t fit to hold a gaming license. In an excoriating report released… Read More
10th February 2021
The head of the NSW gaming regulator, Philip Crawford, has said electronic gaming cards should be introduced as soon as possible to avoid simply shifting the problem of money laundering into pubs and clubs once casinos introduce stricter controls. The NSW minister for Better Regulation, Victor Dominello, has proposed that… Read More
8th February 2021
Police have rounded up 81 people in a crackdown on a triad-controlled syndicate that ran 14 illegal gambling and drug dens in Hong Kong that featured arcade machines for betting and offered free illegal drugs to attract customers. The force said the racket took advantage of the closure of recreational… Read More
19th January 2021
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
18th January 2021
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