https://www.intergameonline.com/casino/news/confronting-the-risk-of-money-laundering-in-land-based-casinos

David Phillips, trustee of the International Association of Gaming Regulators (IAGR) and chief operating officer of the Alcohol and Gaming Commission of Ontario, outlines the Ontario approach to tackling money laundering.

Around the world, there has been a rapid rise in concern about the vulnerability of land-based casinos to large-scale money laundering activities. It is now well-established that casinos are a common target for global and increasingly sophisticated organised crime networks looking to clean the illicit proceeds of their misdeeds.

In response, high-profile government inquiries have been launched in such places as British Columbia (Canada) and New South Wales (Australia). Major enforcement actions have been pursued in jurisdictions like the United States and United Kingdom. Regulatory agencies are moving to toughen their anti-money laundering (AML) rules for casino operations and boost internal capabilities.