{"id":73,"date":"2024-06-13T08:58:55","date_gmt":"2024-06-13T05:58:55","guid":{"rendered":"https:\/\/newcasinonodepositbonuscodes.icu\/2024\/06\/13\/australian-casinos-responsible-for-anti-money-laundering-measures-not-regulators\/"},"modified":"2024-06-17T12:58:09","modified_gmt":"2024-06-17T09:58:09","slug":"australian-casinos-responsible-for-anti-money-laundering-measures-not-regulators","status":"publish","type":"post","link":"https:\/\/newcasinonodepositbonuscodes.icu\/2024\/06\/13\/australian-casinos-responsible-for-anti-money-laundering-measures-not-regulators\/","title":{"rendered":"Australian Casinos Responsible for Anti-Money Laundering Measures, Not Regulators"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\"\n    src=\"https:\/\/www.youtube.com\/embed\/qI9LK-zLNhg\"\n    frameborder=\"0\"\n    allow=\"accelerometer; encrypted-media; gyroscope; picture-in-picture\"\n    allowfullscreen><br \/>\n<\/iframe><\/p>\n<p>The Australian financial intelligence agency, AUSTRAC, has underscored that casinos, not governing bodies, bear the onus of preventing money laundering within the gaming industry.  They emphasized that gaming entities are accountable for scrutinizing and guaranteeing their partners&#8217; compliance with Australian anti-money laundering regulations. <\/p>\n<p>This examination of VIP gaming promoters stems from an investigation into Crown Resorts conducted by the New South Wales Independent Liquor and Gaming Authority (ILGA). The probe raised apprehensions regarding possible money laundering operations at Crown&#8217;s Melbourne casino, specifically involving the conversion of currency into gaming tokens.<\/p>\n<p>Although the Victorian Commission for Gambling and Liquor Regulation had previously implied that AUSTRAC was responsible for anti-money laundering supervision, the agency&#8217;s director, Nicole Rose, clarified: &#8220;AUSTRAC does not oversee gambling tourism providers.&#8221; She continued, &#8220;Enterprises have an obligation to ensure they fulfill their [anti-money laundering and counter-terrorism financing] duties. This has also been affirmed by the Federal Court.&#8221; <\/p>\n<p>Rose acknowledged the possibility of lenient supervision attracting affluent gamblers from abroad but maintained that &#8220;the industry possesses the capability to administer and evaluate its own hazards.&#8221;<\/p>\n<p>Nevertheless, Labor Senator Kristina Keneally voiced anxieties about weaknesses in gaming-related legislation. &#8220;A scenario could arise where individuals introduce funds of obscure provenance into Australia via junkets and subsequently disseminate those funds to unidentified persons,&#8221; she stated, highlighting a &#8220;substantial regulatory void.&#8221; Rose retorted that national regulations do not encompass foreign entities. <\/p>\n<p>A new study revealed a troubling absence of collaboration among Australian oversight entities, especially regarding the supervision of gaming promoters in gambling venues.  One authority, Ross, stressed the importance of obligatory authorization for these facilitators as a vital measure to tackle the problem and enhance the overall trustworthiness of the sector. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Australian financial intelligence agency, AUSTRAC, has underscored that casinos, not governing bodies, bear the onus of preventing money laundering within the gaming industry. They emphasized that gaming entities are accountable for scrutinizing and guaranteeing their partners&#8217; compliance with Australian anti-money laundering regulations. This examination of VIP gaming promoters stems from an investigation into Crown [&hellip;]<\/p>\n","protected":false},"author":36,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.8 (Yoast SEO v22.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Casinos Responsible for Stopping Money Laundering, Says AUSTRAC<\/title>\n<meta name=\"description\" content=\"AUSTRAC emphasizes that the burden of preventing money laundering in casinos falls squarely on the gaming industry, not regulators. Learn how casinos are accountable for ensuring compliance with Australian anti-money laundering laws.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/newcasinonodepositbonuscodes.icu\/2024\/06\/13\/australian-casinos-responsible-for-anti-money-laundering-measures-not-regulators\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Australian Casinos Responsible for Anti-Money Laundering Measures, Not Regulators\" \/>\n<meta property=\"og:description\" content=\"AUSTRAC emphasizes that the burden of preventing money laundering in casinos falls squarely on the gaming industry, not regulators. Learn how casinos are accountable for ensuring compliance with Australian anti-money laundering laws.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/newcasinonodepositbonuscodes.icu\/2024\/06\/13\/australian-casinos-responsible-for-anti-money-laundering-measures-not-regulators\/\" \/>\n<meta property=\"og:site_name\" content=\"Unleash Your Inner Casino Pro | Licensed Games &amp; Latest News\" \/>\n<meta property=\"article:published_time\" content=\"2024-06-13T05:58:55+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-17T09:58:09+00:00\" \/>\n<meta name=\"author\" content=\"Jacob &quot;Jax&quot; Phillips\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Jacob &quot;Jax&quot; Phillips\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/newcasinonodepositbonuscodes.icu\/2024\/06\/13\/australian-casinos-responsible-for-anti-money-laundering-measures-not-regulators\/\",\"url\":\"https:\/\/newcasinonodepositbonuscodes.icu\/2024\/06\/13\/australian-casinos-responsible-for-anti-money-laundering-measures-not-regulators\/\",\"name\":\"Casinos Responsible for Stopping Money Laundering, Says AUSTRAC\",\"isPartOf\":{\"@id\":\"https:\/\/newcasinonodepositbonuscodes.icu\/#website\"},\"datePublished\":\"2024-06-13T05:58:55+00:00\",\"dateModified\":\"2024-06-17T09:58:09+00:00\",\"author\":{\"@id\":\"https:\/\/newcasinonodepositbonuscodes.icu\/#\/schema\/person\/8a57caaf958e45196e9da690969a91cc\"},\"description\":\"AUSTRAC emphasizes that the burden of preventing money laundering in casinos falls squarely on the gaming industry, not regulators. Learn how casinos are accountable for ensuring compliance with Australian anti-money laundering laws.\",\"breadcrumb\":{\"@id\":\"https:\/\/newcasinonodepositbonuscodes.icu\/2024\/06\/13\/australian-casinos-responsible-for-anti-money-laundering-measures-not-regulators\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/newcasinonodepositbonuscodes.icu\/2024\/06\/13\/australian-casinos-responsible-for-anti-money-laundering-measures-not-regulators\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/newcasinonodepositbonuscodes.icu\/2024\/06\/13\/australian-casinos-responsible-for-anti-money-laundering-measures-not-regulators\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Homepage\",\"item\":\"https:\/\/newcasinonodepositbonuscodes.icu\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Australian Casinos Responsible for Anti-Money Laundering Measures, Not Regulators\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/newcasinonodepositbonuscodes.icu\/#website\",\"url\":\"https:\/\/newcasinonodepositbonuscodes.icu\/\",\"name\":\"Unleash Your Inner Casino Pro | Licensed Games &amp; Latest News\",\"description\":\"Indulge in the thrill of licensed online gambling through our up-to-date news, comprehensive reviews, and expert articles. Elevate your gaming experience at our platform.\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/newcasinonodepositbonuscodes.icu\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-GB\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/newcasinonodepositbonuscodes.icu\/#\/schema\/person\/8a57caaf958e45196e9da690969a91cc\",\"name\":\"Jacob \\\"Jax\\\" Phillips\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\/\/newcasinonodepositbonuscodes.icu\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/newcasinonodepositbonuscodes.icu\/wp-content\/uploads\/sites\/39\/2024\/06\/man-avatar-96x96.png\",\"contentUrl\":\"https:\/\/newcasinonodepositbonuscodes.icu\/wp-content\/uploads\/sites\/39\/2024\/06\/man-avatar-96x96.png\",\"caption\":\"Jacob \\\"Jax\\\" Phillips\"},\"description\":\"With a Bachelor's degree in Mathematics and a Master's in Education, this skilled writer has a deep understanding of the pedagogical and instructional design principles underlying effective mathematics education. They have expertise in curriculum development, assessment design, and instructional technology, which they apply to the development of educational resources and training programs for casino employees and players. Their articles and news pieces provide readers with insights into the latest trends and best practices in casino education and the strategies used to promote mathematical literacy and responsible gambling.\",\"url\":\"https:\/\/newcasinonodepositbonuscodes.icu\/author\/mgfgdsuf\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Casinos Responsible for Stopping Money Laundering, Says AUSTRAC","description":"AUSTRAC emphasizes that the burden of preventing money laundering in casinos falls squarely on the gaming industry, not regulators. Learn how casinos are accountable for ensuring compliance with Australian anti-money laundering laws.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/newcasinonodepositbonuscodes.icu\/2024\/06\/13\/australian-casinos-responsible-for-anti-money-laundering-measures-not-regulators\/","og_locale":"en_GB","og_type":"article","og_title":"Australian Casinos Responsible for Anti-Money Laundering Measures, Not Regulators","og_description":"AUSTRAC emphasizes that the burden of preventing money laundering in casinos falls squarely on the gaming industry, not regulators. Learn how casinos are accountable for ensuring compliance with Australian anti-money laundering laws.","og_url":"https:\/\/newcasinonodepositbonuscodes.icu\/2024\/06\/13\/australian-casinos-responsible-for-anti-money-laundering-measures-not-regulators\/","og_site_name":"Unleash Your Inner Casino Pro | Licensed Games &amp; Latest News","article_published_time":"2024-06-13T05:58:55+00:00","article_modified_time":"2024-06-17T09:58:09+00:00","author":"Jacob \"Jax\" Phillips","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Jacob \"Jax\" Phillips","Estimated reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/newcasinonodepositbonuscodes.icu\/2024\/06\/13\/australian-casinos-responsible-for-anti-money-laundering-measures-not-regulators\/","url":"https:\/\/newcasinonodepositbonuscodes.icu\/2024\/06\/13\/australian-casinos-responsible-for-anti-money-laundering-measures-not-regulators\/","name":"Casinos Responsible for Stopping Money Laundering, Says AUSTRAC","isPartOf":{"@id":"https:\/\/newcasinonodepositbonuscodes.icu\/#website"},"datePublished":"2024-06-13T05:58:55+00:00","dateModified":"2024-06-17T09:58:09+00:00","author":{"@id":"https:\/\/newcasinonodepositbonuscodes.icu\/#\/schema\/person\/8a57caaf958e45196e9da690969a91cc"},"description":"AUSTRAC emphasizes that the burden of preventing money laundering in casinos falls squarely on the gaming industry, not regulators. Learn how casinos are accountable for ensuring compliance with Australian anti-money laundering laws.","breadcrumb":{"@id":"https:\/\/newcasinonodepositbonuscodes.icu\/2024\/06\/13\/australian-casinos-responsible-for-anti-money-laundering-measures-not-regulators\/#breadcrumb"},"inLanguage":"en-GB","potentialAction":[{"@type":"ReadAction","target":["https:\/\/newcasinonodepositbonuscodes.icu\/2024\/06\/13\/australian-casinos-responsible-for-anti-money-laundering-measures-not-regulators\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/newcasinonodepositbonuscodes.icu\/2024\/06\/13\/australian-casinos-responsible-for-anti-money-laundering-measures-not-regulators\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Homepage","item":"https:\/\/newcasinonodepositbonuscodes.icu\/"},{"@type":"ListItem","position":2,"name":"Australian Casinos Responsible for Anti-Money Laundering Measures, Not Regulators"}]},{"@type":"WebSite","@id":"https:\/\/newcasinonodepositbonuscodes.icu\/#website","url":"https:\/\/newcasinonodepositbonuscodes.icu\/","name":"Unleash Your Inner Casino Pro | Licensed Games &amp; Latest News","description":"Indulge in the thrill of licensed online gambling through our up-to-date news, comprehensive reviews, and expert articles. Elevate your gaming experience at our platform.","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/newcasinonodepositbonuscodes.icu\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-GB"},{"@type":"Person","@id":"https:\/\/newcasinonodepositbonuscodes.icu\/#\/schema\/person\/8a57caaf958e45196e9da690969a91cc","name":"Jacob \"Jax\" Phillips","image":{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/newcasinonodepositbonuscodes.icu\/#\/schema\/person\/image\/","url":"https:\/\/newcasinonodepositbonuscodes.icu\/wp-content\/uploads\/sites\/39\/2024\/06\/man-avatar-96x96.png","contentUrl":"https:\/\/newcasinonodepositbonuscodes.icu\/wp-content\/uploads\/sites\/39\/2024\/06\/man-avatar-96x96.png","caption":"Jacob \"Jax\" Phillips"},"description":"With a Bachelor's degree in Mathematics and a Master's in Education, this skilled writer has a deep understanding of the pedagogical and instructional design principles underlying effective mathematics education. They have expertise in curriculum development, assessment design, and instructional technology, which they apply to the development of educational resources and training programs for casino employees and players. Their articles and news pieces provide readers with insights into the latest trends and best practices in casino education and the strategies used to promote mathematical literacy and responsible gambling.","url":"https:\/\/newcasinonodepositbonuscodes.icu\/author\/mgfgdsuf\/"}]}},"_links":{"self":[{"href":"https:\/\/newcasinonodepositbonuscodes.icu\/wp-json\/wp\/v2\/posts\/73"}],"collection":[{"href":"https:\/\/newcasinonodepositbonuscodes.icu\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newcasinonodepositbonuscodes.icu\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newcasinonodepositbonuscodes.icu\/wp-json\/wp\/v2\/users\/36"}],"replies":[{"embeddable":true,"href":"https:\/\/newcasinonodepositbonuscodes.icu\/wp-json\/wp\/v2\/comments?post=73"}],"version-history":[{"count":1,"href":"https:\/\/newcasinonodepositbonuscodes.icu\/wp-json\/wp\/v2\/posts\/73\/revisions"}],"predecessor-version":[{"id":77,"href":"https:\/\/newcasinonodepositbonuscodes.icu\/wp-json\/wp\/v2\/posts\/73\/revisions\/77"}],"wp:attachment":[{"href":"https:\/\/newcasinonodepositbonuscodes.icu\/wp-json\/wp\/v2\/media?parent=73"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newcasinonodepositbonuscodes.icu\/wp-json\/wp\/v2\/categories?post=73"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newcasinonodepositbonuscodes.icu\/wp-json\/wp\/v2\/tags?post=73"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}