03/17/17 UK money laundering law follows EU’s ruling Only holders of casino operating licences will be subject to the requirements of the new Money Laundering Regulations that will come into force next June.
03/17/17 Tabcorp publishes plans after fee The Australian gaming company, Tabcorp, will maintain its dividend targets after the Federal Court agreement on penalty due to financial irregularities.
02/17/17 Tabcorp faces money laundering penalty The Australian giant has agreed to pay a penalty to end a dispute over money laundering.
12/23/16 Cambodia strengthens gaming framework Cambodia approved the creation of a national organisation to control the gaming industry.
09/21/16 Manhattan-based federal judge rules Bitcoin as money The federal judge ruled that a man accused of running an illegal Bitcoin exchange website could not have two charges of running an unlicensed money transfer business dropped because Bitcoin is money.
09/16/16 Amaya’s David Baazov allegedly involved in money-laundering scheme Quebec securities officials are investigating possible connections between a Montreal Chabad group and an alleged money-laundering scam involving David Baazov, the ex-CEO of Amaya Inc.
08/29/16 Cryptocurrency not to be banned in Russia Russia’s Deputy Finance Minister, has announced the new bill on cryptocurrency and a series of meetings with experts to consider the development of Bitcoin technology.
08/10/16 UK Gambling Commission clarifies digital currency rules The UK Gambling Commission updated its codes of practice issued this July, outlining how licensees can implement appropriate policies for so-called cash equivalents.
04/28/16 Gala Coral fined for US$ 1.2 million The United Kingdom’s Gambling Commission said Gala Coral failed to stop a problem gambler from wagering with illicit funds.
04/04/16 PAGCOR defends casinos after money-laundering controversy The Philippine Amusement and Gaming Corporation said casinos are not the easiest venue for criminals to launder funds.
04/01/16 Illegal gambling websites busted in Thailand The police forces arrested 16 Thai citizens for allegedly running gambling sites which made around Bt100 million (US$2,846,046) a month.
03/29/16 Philippine junket operator testifies in US$81 million heist Kim Wong received part of the funds as gambling deposits and debt payment from two Chinese nationals.
03/21/16 The Bangladeshi stolen funds’ trail Due to weak controls in the Philippine banking system, the Asian country was the perfect escape route.
03/18/16 Updates in money laundering probe involving Philippine casinos Authorities, regulators and the senate in Philippines are taking a number of measures aimed to find the perpetrators and to prevent this from happening again.
03/16/16 Gambling site accused of laundering money via Amazon According to Feds, a Costa Rica-based gambling site was caught using Amazon’s gift cards to launder money.
