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Cash to be phased out at Australia’s major casinos in bid to stop the flow of dirty money through gaming industry

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NEWS: Thales, Europe’s largest defence technology company, faces bribery probe from UK’s SFO

BREAKING: UK sanctions trio of wealthy oligarchs in new campaign against dirty money

INSIGHT: Corporate secrecy ‘scourge’ in fight against fincrime, time for fully public BO registers, says Financial Times

By Dan Byrne for AMLi

CASH IS TO BE banned at the two Casinos operating in Sydney as part of the efforts to take the money laundering risk out of Australian gambling.

The new rule comes from the Independent Gaming and Liquor Authority (IGLA) and affects the Star Casino and Crown Casino in downtown Sydney. Both businesses are understood to have agreed to the change Thursday.

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NEWS: Thales, Europe’s largest defence technology company, faces bribery probe from UK’s SFO

BREAKING: UK sanctions trio of wealthy oligarchs in new campaign against dirty money

INSIGHT: Corporate secrecy ‘scourge’ in fight against fincrime, time for fully public BO registers, says Financial Times

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