In a large report on Bloomberg Businessweek last week, the gambling regulatory body of the Northern Mariana Islands, the Commonwealth Casino Commission, was accused of relations to a local casino, of collusion, and corruption. The commissioners denied the allegations on Thursday, insisting that they were innocent and that Bloomberg should […]

Casinos are often used by criminals as a front for money laundering crime. All casinos are required to have an appropriate system and to prevent money laundering and terrorist financing. Canada’s gambling industry grows, but money laundering and other corrupt activities have been the scourge that needs to be tackled […]

Earlier today, Postmedia News reported that British Columbia gaming regulator ordered the revocation of the registration of River Rock Casino’s director of VIP gambler relations Lisa Gao. The announcement came shortly after an investigation into allegations of “third-party cash buy-ins” found out that the casino employee has violated anti-money-laundering rules. […]

The gambling industry has become the fastest-growing sector in the Canadian province of British Columbia. Quite unsurprisingly, cash-intensive businesses such as banks are extremely vulnerable to money laundering. Casinos are also classified as cash-intensive businesses, which are usually dealing with high volumes of large cash transactions. Moreover, casinos offer many […]

Internal documents found out that housewives and students lead the list of the most common occupations among the high-rollers in Richmond’s River Rock casino. A great number of high-roller housewives spent more than C$14 million in bets and 87% of these transactions were suspicious. The situation is pretty much the […]

Gambling in its various forms has been among Canada’s most popular pastimes since time immemorial. What has made Canadian land-based casino industry so attractive is the country’s balanced approach to the industry. Unlike many other countries around the world, which are swinging from one extreme to the other in terms […]

Money laundering has appeared to be among the hottest topics currently in Canada. The disturbing money laundering scandal at British Columbia’s River Rock Casino shook the entire gambling community. At present, the country seems to be on the verge of another controversy, but this time related to the loved-by-many slot […]

Documents obtained by Postmedia News via a freedom of information request claim that a police unit will be tasked with cracking down illegal gambling and organized crime in British Columbia casinos. The documents provide further details about the way, in which the transaction assessment team is to operate. Apart from […]

The recent money-laundering scandal has prompted British Columbia newly-elected government to call for tough new anti-money laundering rules in an effort to crack down on money laundering. This Tuesday, British Columbia’s Attorney General David Eby made public Peter German’s first two interim recommendations. According to the new set of rules, […]