The number of suspicious transaction reports filed by Macau's gaming industry fell 36.4 percent in 2020 to 1,215, the Financial Intelligence Office said.
The Covid-19 pandemic has impacted the public and private sectors’ ability to fulfill Anti-Money Laundering obligations due to isolation and social distancing measures imposed all over the world, Macau’s Financial Intelligence Office (GIF) indicated.
Attorney Mel Racela, executive director of the Philippines Anti-Money Laundering Council, speaks with Asia Gaming Brief’s Sharon Singleton about the steps the Philippines is taking to guard against money laundering and the challenges posed by online gambling.
What began with some bad news headlines, then developed into a special probity hearing in New South Wales, and has now become a full-scale governance crisis for Crown Resorts, with the newly announced Australian Transaction Reports and Analysis Centre (AUSTRAC) investigation posing a particular threat.
As the new week dawns, our attention remains focused on Crown Resorts, which holds its AGM after yet another week of devastating testimony at the NSW Independent Liquor and Gaming Authority (ILGA) probity inquiry.
Australian Transaction Reports and Analysis Centre (AUSTRAC) has delivered formal notice to Crown Resorts that it has identified potential non-compliance at the firm with its responsibilities in relation to anti-money laundering rules.
Crown Resorts said it’s suspending junket operations until June of next year while it reviews its compliance and governance operations.
A note issued by Maybank at the end of last week predicted that US Department of Justice and Casino Regulatory Authority investigation of Marina...
Marina Bay Sands is under investigation by the US Department of Justice over concerns that anti-money laundering regulations may have been breached on behalf...
A public hearing into probity and licensing issues related to Crown Resorts and Melco Resorts & Entertainment has been postponed due to the Covid-19 outbreak, local media reports.