Anti-Financial Crime & Financial Crime Compliance
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Asia-Pacific, Financial Services, Gaming

COVID recovery could mean more laundering risks for Australia, experts warn. Gaming industry once again the centre of country’s AML threats

Australia may become a haven for money launderers because the country has been so successful at managing the COVID-19 pandemic, experts have claimed.

The concerns are stemming from the gambling industry, as the New South Wales Liquor and Gaming watchdog reported a surge gaming machine profits in the final two months of 2020: a sign that these machines might look more attractive for movers of dirty money.

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