Australia’s financial crimes watchdog AUSTRAC has ordered an audit of leading sportsbooks Sportsbet and Bet365 to assess their compliance with anti-money laundering and counter-terrorism financing rules.
According to information announced by AUSTRAC this week, its actions are the result of an extensive supervisory campaign that assessed entities within the corporate bookmaker sector. A similar investigation was launched into British gaming giant Entain, which operates Labdrokes and Neds in Australia, in September.
