Anti-Financial Crime & Financial Crime Compliance
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AML, Australia, Financial Crime

Crime commission says NSW poker machine laws may increase money laundering risks

By Alisha Houlihan for AMLi

A proposal from the New South Wales (NSW) Crime Commission has indicated that some of the state’s gambling laws have increased the risk of money laundering through poker machines, as well as lowering club credit limits “significantly.”

Earlier this week, anti-gambling advocates rejected a new “code of practice” proposed by lobby group Clubs NSW that would allow family members of gambling addicts to request a ban on venues. 

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