Warnings target operators who provide unlicensed online casino and betting services. Australia’s communications regulator sent formal warnings to offshore gambling operators. These companies illegally targeted Australian customers.  These companies operated casino and betting platforms without Australian state or territory licenses. ACMA confirmed violations of the Interactive Gambling Act 2001. The regulator issued warnings throughout September. ACMA […]

Cryptocurrency company pays AUD 56,340 (USD 36,000) and accepts a court-enforceable undertaking. Australian Transaction Reports and Analysis Centre (AUSTRAC) fined Cryptolink. They broke AML/CTF rules. An infringement notice of AUD 56,340 (USD 36,000) was issued by AUSTRAC. A court-enforceable undertaking addresses compliance failures. Findings by AUSTRAC’s Crypto Taskforce triggered the enforcement action. Late reporting of large cash transactions occurred […]

Authorities in Argentina have stopped a criminal group that encouraged children and teenagers to gamble online. Ten people were arrested after 71 raids in Buenos Aires and Mar del Plata. Police said the group got minors to bet in online games, which could harm their mental health and social life. The investigation was led by […]

Spain’s main addiction support group, UNAD, is asking for a full ban on gambling and betting ads. The organization says that advertising gambling goes against efforts to prevent addiction and protect people’s health. UNAD believes that gambling ads can encourage people, especially young people, to develop harmful habits. These habits can cause serious social and […]

The document clarifies AML and CFT expectations for operators in the Isle of Man. The Gambling Supervision Commission (GSC) of the Isle of Man published new guidance for online gambling licence holders. These holders have Network Services Permissions. The guidance expands existing anti-money laundering materials. It covers countering the financing of terrorism, too. Countering proliferation financing […]