Pioneering the Future: Regulating the Game Sydney 2024’s Stellar MC Lineup A Groundbreaking Event for Gambling Industry Experts Regulating the Game Sydney 2024 stands as a pivotal event, set to shape the future of the gambling industry. The conference, poised to be a hub of innovation and discussion, proudly announces its esteemed lineup of Guest […]
The UK Gambling Commission has issued a critical update, intensifying its focus on money laundering and terrorist financing risks within the gaming sectors. Covering the period from June 2020 to March 2023, this comprehensive assessment serves as a vital resource for gambling operators, delineating the various threats and necessary AML procedures. Notably, the Commission has […]
In a landmark enforcement action, the Dutch gambling regulator, Kansspelautoriteit (KSA), has levied a massive €3 million fine against the well-known operator BetCity. This fine, one of the largest in the sector’s history, arises from significant breaches in anti-money laundering (AML) and terrorist financing regulations, highlighting the KSA’s unwavering commitment to maintaining integrity within the […]
Financial Action Task Force (FATF) has once more stressed the need for the Philippines to accelerate the adoption of its action plan concerning anti-money laundering (AML) and counter-financing of terrorism (CFT). The Philippines found its name on the FATF grey list in June 2021 due to an evaluation by the Asia-Pacific Group on Money Laundering […]
CURAÇAO – Making waves in the international gambling community, Finance Minister Javier Silvania proclaimed the monumental significance of Curaçao’s innovative gambling legislation. The ultimate goal? To shield the nation from the looming threat of FATF grey-listing. Speaking at the coveted SiGMA Curaçao event, Silvania passionately emphasized that this legislation wasn’t about disruption but rather paving […]
The updated grey list by the Financial Action Task Force (FATF) highlights that the Philippines still has work to do in implementing its action plan, according to the FATF itself. Following its recent plenary meeting, the Financial Action Task Force (FATF) has declared that the Philippines will remain on its “grey list” of jurisdictions considered […]
Finland Set to Introduce Licensing for Online Casino and Sports Betting Finland’s government announces its intention to liberalize the country’s gambling industry and put an end to the gambling monopoly held by state operator Veikkaus. The move aims to establish a licensed gambling market by 2026 at the latest. Government’s Reform Agenda and Measures The […]
Critics are calling for immediate action to address a concerning trend in Ontario casinos, where over $350 million in suspicious transactions were detected over the past year – specifically, $372 million. They warn that failure to take action could result in the region being associated with money laundering in its casinos. Provincial gambling officials have […]