GAMBLING

Wynn Las Vegas Scheme Exposed: How Underground Bankers, Cartel Cash, and Casino Hosts Fueled a Massive Illicit Pipeline

In September 2024, Wynn Las Vegas acknowledged to the U.S. Department of Justice that it had “conspired with unlicensed money transmitting businesses that moved millions of dollars in illicit funds through the casino,” agreeing to forfeit an unprecedented $130 million. At the time, the public learned little about what exactly drove the largest-ever forfeiture involving a U.S. casino. The government’s announcement offered only sweeping descriptions, leaving unanswered question

GAMBLING

6 hours ago3 min read

Wynn Las Vegas Scheme Exposed: How Underground Bankers, Cartel Cash, and Casino Hosts Fueled a Massive Illicit Pipeline

In September 2024, Wynn Las Vegas acknowledged to the U.S. Department of Justice that it had “conspired with unlicensed money transmitting businesses that moved millions of dollars in illicit funds through the casino,” agreeing to forfeit an unprecedented $130 million. At the time, the public learned little about what exactly drove the largest-ever forfeiture involving a U.S. casino. The government’s announcement offered only sweeping descriptions, leaving unanswered question

Google Tightens Its Gambling Policy to Match Local Regulations in Multiple Markets

Google has rolled out yet another update to its gambling advertising policy, bringing its rules further in line with regulations enforced in various jurisdictions. Under the newly introduced restrictions, advertisers are now blocked from promoting offline gambling in any region where such activity is deemed illegal. In its announcement, Google confirmed that 35 countries fall under the updated limitations, explaining that “the promotion of offline gambling is prohibited in lo

William Hill to Exit 13 International Markets Amid Rising UK Tax Pressures and Regulatory Scrutiny

William Hill has announced via customer support that it will withdraw from several non-core markets across Africa, Latin America, and Asia, signaling a strategic retreat from regions deemed secondary to its core business. The bookmaker’s site lists 13 markets affected by the exit, with nine located in Africa—Angola, Burkina Faso, Cameroon, Kenya, Mozambique, Nigeria, the Republic of Congo, Democratic Republic of Congo, and Somalia. Outside Africa, William Hill will leave Viet

Videoslots Case Highlights Deep AML Vulnerabilities in High-Velocity Digital Gambling

The case involving Videoslots Limited underscores how rapidly shifting deposit activity and opaque digital voucher payments can expose serious laundering risks when automated systems drive the majority of oversight. The operator was hit with a substantial financial penalty after investigators identified repeated failures across customer monitoring, source-of-funds evaluation and behavioural assessment. These shortcomings reveal how criminal networks can take advantage of weak

U.S. and China Intensify Parallel Crackdowns on Expanding Southeast Asian Scam Networks

The United States and China have each rolled out major enforcement offensives aimed at sprawling criminal networks that have turned parts of Myanmar, Cambodia, Laos, and Thailand into entrenched hotspots for online scams and illicit gambling. These areas—now deeply embedded in operations powered by forced labour, digital fraud, and crypto-enabled money flows—have become focal points for both countries as they escalate efforts against transnational crime. In one of its most sw

Sri Lanka’s New Gambling Regulator Set to Go Live in December

Sri Lanka has confirmed that its newly established Gambling Regulatory Authority (GRA) will commence full operations on 1 December, taking charge of oversight across the country’s gaming landscape. The GRA has been designed with what officials describe as a “broad and overarching scope,” assuming responsibility for ship-based, land-based, and online gambling activities. Lotteries and social gaming remain outside its remit. The authority will regulate licensing procedures, i

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