Tag: AML
Resorts World Las Vegas calls itself ‘a different company’ after accepting a $10.5 million fine
Saying it’s now “Resorts World 2.0,” the Las Vegas Strip gaming operator Thursday agreed to pay a $10.5 million fine over allegations... more
OPINION: With bookie investigation in extra innings, Resorts World set to pay $10.5 million
A new Major League Baseball season has begun, and perhaps Resorts World Las Vegas has found its winning team. It’s certainly paying for... more
Gaming lawyer, author: Pressure on casino executives leads to money laundering and large fines
A gaming lawyer and former UNLV professor said pressure on executives to produce revenue has prompted casinos all over the world to turn a... more
Proposed casino cash exemption in Cyprus sparks money laundering fears
A proposed bill that looks to exempt casinos from Cyprus’ €10,000 cash transaction cap has been met with strong opposition, as critics... more
UK regulator hits Aspire Global with £1.4m penalty for ‘wholly unacceptable’ failures
Aspire Global firm AG Communications has been hit with a £1.4 million penalty by the Gambling Commission for “wholly unacceptable”... more
UK Gambling Commission outlines money laundering and terrorist threats
The Gambling Commission has detailed key trends and emerging threats in managing anti-money laundering (AML) in the betting sector, noting... more
Manitoba casino staff to report suspected money laundering directly to police
The provincial government has ordered Manitoba Liquor & Lotteries officials to report suspicious transactions at its casinos to police... more
Nevada regulators push for fine, longer revocation in Resorts World AML case of illegal bookie’s wife
The Nevada Gaming Commission rejected a settlement agreement reached with a former Resorts World agent as part of an illegal-bookmaking... more
California AG took campaign donation from casino operator under investigation by his office
Attorney General Rob Bonta had been in the state’s top law enforcement job for a month when he accepted more than $16,000 in campaign... more
UK fines Novomatic’s Greentube £1m for AML failings at its Admiral Casinos
The UK Gambling Commission (UKGC) has fined Greentube Alderney Ltd £1 million for failing to meet anti-money laundering (AML) and social... more
