Bulgaria Achieves AML Compliance: Moneyval Report Affirms International Standards Did you know that Bulgaria has significantly improved its anti-money laundering compliance? Discover how Bulgaria met international AML standards and the measures that led to this achievement. Learn about the impact of these changes on Bulgaria’s gambling sector and the new regulations in place. Stay informed […]
Tightening the Reins: Mr Green Faces Regulatory Action for AML Failures A Stern Regulatory Response Unfolds in Denmark—In a decisive move that underscores the stringent regulatory landscape of the Danish gambling market, Spillemyndigheden, the Danish Gambling Authority, has issued three critical orders against the online casino operator Mr Green. This action follows significant anti-money laundering […]
Bulgaria’s Bold Strike Against Money Laundering: A New Dawn for the Gambling Industry In an unprecedented move, Bulgaria’s National Revenue Agency (NRA), in collaboration with the State Agency for National Security, launches a groundbreaking initiative aimed at fortifying anti-money laundering (AML) and counter-terrorist financing (CTF) measures within the gambling sector. Amid heightened scrutiny from the […]
Curacao’s Gaming Evolution: Unveiling the Future with the New Regulatory Framework On the brink of a regulatory revolution, Curacao’s gaming market is poised for a transformative leap with the National Ordinance for Games of Chance (LOK). Spearheaded by Cedric Pietersz and the Curacao Gaming Control Board (GCB), this initiative aims to elevate the jurisdiction’s standing […]
A New Era in Anti-Money Laundering: Frankfurt Chosen as Headquarters for European AMLA Join us as we explore the significant development in the fight against financial crime with the selection of Frankfurt as the headquarters for the new European Anti-Money Laundering Authority (AMLA) by the European Gaming and Betting Association (EGBA). The establishment of the […]
SkyCity Braces for Regulatory Storm: Sets Aside $46 Million for AML Compliance Penalties SkyCity Entertainment Group takes a proactive stance in response to its anti-money laundering (AML) challenges, earmarking a substantial $46 million to address potential penalties. This strategic move comes as the gaming giant faces Federal Court action from the Australian Transaction Reports and […]
Europe’s Bold Move: Strengthening Anti-Money Laundering Framework in the Crypto Sphere In a significant development for the finance and crypto industry, the European Banking Authority (EBA) is set to extend its anti-money laundering (AML) and terrorist financing guidelines to encompass crypto-asset service providers (CASPs). Slated to take effect from December 30, 2024, this expansion marks […]
Enhancing Integrity in Gaming: AGCO’s Strict Action Against Fallsview Casino’s Compliance Failure In a decisive move to uphold the integrity of the gaming industry, the Alcohol and Gaming Commission of Ontario (AGCO) has levied a significant $70,000 penalty against MGE Niagara Entertainment Inc., the operator of Fallsview Casino Resort. This action underscores the AGCO’s commitment […]
Cedric Pietersz to Lead Curaçao Gambling Regulation Revamp Cedric Pietersz, a seasoned expert with 20 years of financial sector experience, is set to revolutionize Curaçao’s gambling regulation landscape as the CEO of the Curaçao Gaming Control Board. Join us in unveiling this transformative era. Navigating the Future of Curaçao’s Gambling Industry Cedric Pietersz is slated […]
Revamping Anti-Money Laundering Measures: EU Strengthens Oversight on Crypto Firms In a significant move to bolster anti-money laundering (AML) measures, the European Union has approved a new framework that imposes stricter rules on companies operating within its jurisdiction. This framework, jointly agreed upon by the Council and Parliament, aims to enhance transparency and curb illicit […]