Tag / fine

Western Union Fined $586,000,000 for Online Gaming Transactions

US financial services company Western Union has agreed to pay a federal penalty of $586 million (€545.2 million) after admitting to clearing transactions related to illegal online gambling activities. According to the Financial Times newspaper, Western Union allowed agents to send money to illicit internet gaming operations in Costa Rica, thus violating US laws regarding…

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Western Union Fined $586,000,000 for Online Gaming Transactions

US financial services company Western Union has agreed to pay a federal penalty of $586 million (€545.2 million) after admitting to clearing transactions related to illegal online gambling activities. According to the Financial Times newspaper, Western Union allowed agents to send money to illicit internet gaming operations in Costa Rica, thus violating US laws regarding…

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Sheldon Adelson’s Sands Pays $7 Million Over “Corrupt Practices”

Billionaire Sheldon Adelson’s casino company is paying almost $7 million to U.S. authorities to end a more than five-year corrupt practices investigation of the firm’s former relationship with a consultant in Macao and China, company and federal officials said Thursday. With the agreement, Las Vegas Sands Corp. resolved twin probes of more than $60 million…

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