2020-01-24The Philippines gaming regulator has signed a deal with the country’s anti-money laundering watchdog to tighten their cooperation in the fight again
2019-06-28Douglas Wolfson, Director, Financial Crime Compliance, LexisNexis Risk Solutions.
Casino managers have a growing array of technology tools at their
2018-07-31Five integrated resorts have registered with the Anti-Money Laundering Council (AMLC), following policy guidelines from the Financial Action Task Forc
2017-09-26The Anti Money Laundering Council (AMLC) is set to release a new regulatory framework which covers casinos by the third week of October, Manila Bullet
2017-08-09The Philippines has avoided further scorn from the Asia-Pacific Group on Money-Laundering following "significant compliance" in tightening their AML r
2017-07-23Secretary for Economy and Finance Lionel Leong Vai Tac has vowed not to become complacent after being given a positive rating by the Asia Pacific Grou
2017-07-19Macau has been given a positive rating by the Asia Pacific Group on Money Laundering (APG) for its efforts in anti-money laundering, according to a st
2017-07-18Philippines’ casinos will now be required to report cash transactions exceeding P5 million (US$98,300), after President Rodrigo Duterte signed the a
2017-06-18Securities and Exchange Commission chairperson Teresita Herbosa says the current P5 million (US$100,000) threshold for casinos should be lowered to co
2017-05-29The Senate has officially approved the bill that includes casinos in the Anti-Money Laundering Act (AMLA), local media reports.
A total of 219 lawmake
2017-05-28The monetary authorities of Macau, Hong Kong and Mainland China stepped up efforts to battle money laundering after a trilateral meeting on Friday.
2017-05-07The Macau government is planning to implement new security features at ATMs near casinos in the latest measure to clamp down on illegal cash flows out
2017-02-15Australian wagering giant Tabcorp has agreed to pay a A$45 million penalty to settle a case brought on by Australia’s financial intelligence agency,
2017-02-07The Philippines House of Representatives has moved closer to including casinos as part of its Anti-Money Laundering Act (AMLA), Philstar reports.
2016-12-01The Macau government is planning to introduce a bill that would require visitors to disclose cash holdings of more than MOP 120,000 (US$15,000) at ent
2016-11-01A bill that mandates casinos to report all suspicious transactions to the Anti-Money Laundering Council (AMLC), regardless of the amount, has been pro
2016-07-12The Directorate of Enforcement has initiated steps to attach the property of lottery king Santiago Martin, alleging that his involvement in the illega
2016-07-06A Philippines lawmaker is proposing a bill that will require casinos to report covered and suspicious transactions to the Anti-Money Laundering Counci
2016-07-04Lottery kingpin Santiago Martin has petitioned the Kerala high court, seeking to refute the attachment notice issued by the Directorate of Enforcement
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