EGBA to update AML guidelines for gambling operators
The industry association has completed the second annual reporting process for its pan-European anti-money laundering guidelines.
Belgium.- The European Gaming and Betting Association (EGBA) has announced that it will consider amending sections of its anti-money laundering guidelines for European online gambling operators. Following feedback, it said it will look at incorporating a minimum list of documents for AML purposes and enhanced guidance on risk assessments, payments, outsourcing, and sports integrity.
It said the guidelines will be updated in 2026 to align with the rules of the new EU Anti-Money Laundering Regulation. The association is inviting non-member operators can participate in the guidelines process, and says one such company is already involved.
The announcement comes following the completion of the EGBA’s second annual monitoring process for the guidelines, which it sees as a milestone in its commitment to strengthening AML compliance across Europe’s online gambling sector.
The current EGBA AML guidelines, published in March 2023, are intended provide practical, sector-specific guidance for online gambling operators on conducting customer and business risk assessments, customer due diligence processes, suspicious transaction reporting, and record keeping. They apply a risk-based approach aligned with EU and FATF standards and address the unique specificities of online gambling that AML regulators may be less familiar with.
Dr. Ekaterina Hartmann, director of legal and regulatory affairs at the EGBA, said: “We’re pleased to have completed the second annual reporting process and want to thank our members for their dedication to this collaborative initiative.
“Together, we’re aiming to raise the bar for AML compliance standards across our members and, by example, influence other operators across the industry to do the same. We encourage operators who aren’t members of EGBA to join this initiative and help strengthen the sector’s contribution to the fight against financial crime.”
