Australian gambling industry faces ‘multiple criminal threats’ from casino junkets – watchdog claims money laundering a serious issue - AML Intelligence
AML Intelligence
Business Intelligence on AML and Financial Crime for Executive Leaders

Asia-Pacific, Financial Services, Gaming

Australian gambling industry faces ‘multiple criminal threats’ from casino junkets – watchdog claims money laundering a serious issue

THE AUSTRALIAN financial crime watchdog AUSTRAC has issued a stark warning to the gaming sector on junket tour operators.

After a period of assessment, AUSTRAC has found that the junket tour operator industry faces “multiple criminal threats” and that there is a high risk of the sector being used as a platform for money laundering or terrorism financing.

Login here or become a subscriber to AML Intelligence.
Login Subscribe Now