Tag / Gambling Business

Vietnam says Macau still money laundering capital for China

According to this article in the Saigon Times, casinos in Macau remain the primary source of money laudnering for wealthy people from Mainland China. It refers to a report by China’s national bank which estimates that in 2013, over $202…

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Casino Lawyer Covers Anti-Money Laundering Law in EU

We are pleased to announce that Casino Lawyer magazine is featuring an article by Christine Duhaime on the new EU 4th AML directive entitled: “New EU Anti-Money Laundering Directive to Affect I-Gaming” available here In the article, Ms. Duhaime dis…

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US casinos may have to confirm source of funds for high rollers

Vetting of High Rollers by Christine Duhaime, BA, JD, Certified Financial Crime and Anti-Money Laundering Law Specialist Follow @cduhaime According to Reuters, FinCEN is amending anti-money laundering (AML) policies to require that casinos ascertain so…

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Russia may be considering making Crimea “casino zone”

by Christine Duhaime, BA, JD, Certified Financial Crime and Anti-Money Laundering Law Specialist Follow @cduhaime Russian officials are apparently considering making Crimea a regulated gambling zone in order to generate investment in the area and boost…

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Las Vegas Sands personal information on gamblers taken in cyber-attack

By Christine Duhaime, B.A., J.D., Gaming Attorney & Certified Anti-Money Laundering Specialist Follow @cduhaime Casino Patron Data Allegedly Stolen in Cyber-Attack Several weeks after reporting that its websites were attacked by political hackers, the Las Vegas Sands Corp. reported that…

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Bit by (Bit)coin in Asia Gambling Brief

By Christine Duhaime, B.A., J.D., Gaming Attorney & Certified Anti-Money Laundering Specialist Follow @cduhaime Bit by Bit(Coin) Recent headlines on the digital currency phenomenon, bitcoin, haven’t been entirely positive, with news of regulatory clampdowns, the hacking of exchanges and the…

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The “crack cocaine of gambling” – Recurring battle of using gambling to support horseracing in UK and Ontario

By Christine Duhaime, B.A., J.D., Gaming Attorney & Certified Anti-Money Laundering Specialist Follow @cduhaime Horseracing industry in U.K. in jeopardy if FOBTs cut The U.K. government is suggesting the elimination or restriction of Fixed Odds Betting Terminals (‘FOBT"), the so-called…

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Is Canada planning to be the next I-gambling worldwide operator?

Is Canada planning to become next worldwide Internet gambling player?

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Vietnam trying to lure casino investors back

By Christine Duhaime, B.A., J.D., Gaming Attorney & Certified Anti-Money Laundering Specialist Follow @cduhaime Vietnam losing $800M a year in tax revenues After chasing away casino investors such as MGM Resorts last year over regulatory and administrative changes to gambling,…

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