Tag: AML
British Columbia Lottery says it was ‘ambushed’ in casino money laundering investigation, CA$1M fine
The B.C. Lottery Corp. is taking the federal government to court, claiming it was wrongly penalized more than $1 million for... more
UK Gambling Commission hands £1 million fine to ProgressPlay
Great Britain’s Gambling Commission has issued a £1 million ($1.3 million) fine to white-label operator ProgressPlay after a compliance... more
Feds want light sentence for bookie linked to Strip resort, Ohtani interpreter
Federal prosecutors are recommending a 15-month prison sentence for a California man who pleaded guilty to running an illegal sportsbook... more
Top regulator vows ‘stringent’ standards in NYC casino licensing – a challenge for operators under scrutiny
New York State Gaming Commission Chairman Brian O’Dwyer stresses that only applicants that have met the highest integrity standards... more
Hard Rock fires senior VP over alleged AML violation at Dominican casino
Hard Rock International fired Alex Pariente, a senior vice president for hotel and casino operations, after a whistleblower’s allegation... more
Dutch regulator clamps down on AML while self-exclusions hit 100K
The Dutch Kansspelautoriteit (KSA) gambling regulator has cautioned the market that “there is still room for improvement’ regarding... more
Hard Rock International suspends top casino executive after whistleblower claim
Hard Rock International, which just submitted a joint bid with Mets owner Steve Cohen for a license to operate a casino next to the... more
Isle of Man operator handed £3.9m penalty amid rising AML concerns
Amid growing money-laundering concerns in the Isle of Man, the owner of the SBOTOP online sportsbook, Celton Manx, has been handed a... more
Bally’s ready to pull out of Star rescue deal if Australia’s AML watchdog issues monster fine
US casino operator Bally’s Corp may have to withdraw from its multi-million-dollar rescue of Star Entertainment Group should the... more
Florida man pleads guilty to laundering millions in cocaine money via casinos
A Pensacola man pleaded guilty to laundering millions of dollars through a cocaine trafficking scheme, the U.S. Attorney’s Office... more
