SBC News Voice of the Sports Betting Industry
The Australian division of sportsbook operator bet365 has landed in hot water by attracting unwanted attention from the country’s financial regulator AUSTRAC. According to the watchdog, the probe was launched based on reports of compliance shortcomings with Australia’s Anti-Money Laundering and Counter-Terrorism Financing Act 2006 (AML/CTF Act). The latest is part of AUSTRAC’s ‘extensive supervisory campaign’ launched last year to …
Read More »AUSTRAC launches AML probe into bet365 following external auditing
