Gambling

Featured Gambling

Interpol Aids Police Targeting Illicit Gambling, 1,400 Arrested

By Henry Pope, OCCRP, 15 September 2021 OCCRP — In a blow to organized crime groups profiting off of illegal gambling networks, Interpol aided police raids across Asia and Europe, which seized US$7.9 million in cash and arrested approximately 1,400 suspects, the organization reported on Tuesday. Read More

Former B.C. lottery director says he’s ‘whistleblower’ on money laundering at casinos

A former director of the British Columbia Lottery Corporation’s anti-money laundering office says he is the “whistleblower” that likely prompted the public inquiry examining how hundreds of millions of dollars in illegal cash flowed through the province’s casinos. Ross Alderson, who testified for more than four hours Thursday, said he… Read More

Hong Kong police arrest 9 in crackdown on bookmaking, money-laundering syndicate that moved HK$30 million in 10 months

Hong Kong police have arrested nine people in a crackdown on a bookmaking and money-laundering syndicate that washed an estimated HK$30 million ($3.85 million) in criminal proceeds over a 10-month period. The five men and four women, arrested during a series of Thursday raids across the city, included three core… Read More
26th August 2021
Hong Kong customs officers have broken up a money-laundering ring accused of smuggling nearly HK$170 million (US$21.8 million) in criminal proceeds out of the city over three months via the world’s longest sea crossing, arresting five people in the first crackdown of its kind. Couriers were hired to take the… Read More
25th August 2021
No statistical model could explain it, and when a Massachusetts man and his two sons cashed in more than 13,000 winning lottery tickets worth nearly $21 million over eight years, federal prosecutors and lottery officials said it was anything but luck. “A statistician will say that there’s some astronomical odd,”… Read More
12th August 2021
Crown Australia’s chief financial officer says high-profile former executives such as Ken Barton and Barry Felsted shared the blame for not stamping out money laundering through a casino bank account used by overseas gamblers. Alan McGregor faced an intense round of questioning on day 26 of the Perth Casino Royal… Read More
11th August 2021
By Katie Jones, InSight Crime, 10 August 2021 InSight Crime – A Chinese businessman laundered tens of millions of dollars in drug money through a Guatemalan casino, a US seafood export company, Miami banks, and Chinese bank accounts, in a case that reveals the wide reach of… Read More
11th August 2021
Crown Perth adopted the name “Riverbank Investments” for its bank account so Asian high rollers could disguise funnelling cash into a casino, but that didn’t raise red flags for a top executive, the West Australian royal commission has been told. Former chief financial officer Ken Barton took the stand at… Read More
5th August 2021
Crown Perth approved credit for both international and Australian gamblers, despite it being illegal in Western Australia, the Perth Casino Royal Commission has heard. And notorious brothel owner Simon Pan, who has also been investigated for human trafficking, was banned from Crown Melbourne in August 2019, yet was allowed to… Read More
4th August 2021
ANZ told Crown Perth in 2014 it was closing its Riverbank Investments bank account because of money laundering concerns, but Crown Perth did not investigate until the Bergin inquiry began in 2020, an inquiry has been told. Former Crown Resorts legal boss Joshua Preston, who left the company after his… Read More
3rd August 2021
Hong Kong police have detained more than 800 people and seized records detailing over HK$3.6 billion (US$463 million) worth of bets in a series of operations against illegal bookmaking activities involving this year’s Euro 2020 football tournament. A police spokesman said on Monday that… Read More
3rd August 2021
Transactional clues — from hotel bills paid in cash to purchases of escort-service ads — are helping Canada’s financial intelligence agency detect human trafficking in the sex trade. The Financial Transactions and Reports Analysis Centre of Canada is now learning from its sleuthing efforts in recent years to make pinpointing… Read More
2nd August 2021
India’s anti-money laundering agency is examining if Binance Holdings Ltd. had a role to play in an ongoing investigation involving betting apps, according to people with knowledge of the matter. The Enforcement Directorate has summoned Binance executives for questioning and is awaiting a response, the people said, asking not… Read More