Sydney Morning Herald<\/em> reports that NSW Liquor and Gaming (NSWLG) intentionally blocked money laundering investigations at its gaming venues.<\/p>\n<\/div>\nNSWLG previously had a special team that specifically worked to uncover money laundering and organized crime in the gaming industry. By last October, at the height of the debacle involving Crown and Star, there were around 10 members of the growing team.<\/p>\n
As quickly as it grew, it stopped, the report says. Two months after Kevin Anderson took over as the NSW Minister for Hospitality and Racing, amid a government restructuring, everything changed. The media outlet cited sources that indicate that the regulator disbanded the AML group. This is because the government decided that investigating potential money laundering was outside the scope of a regulatory agency.<\/p>\n
The group only gathered information. It then forwarded it to the NSW Crime Commission, which then took action, as necessary.<\/strong><\/p>\nCuriously, Anderson was the replacement for Victor Dominello, who left under pressure as he was campaigning for the use of cashless gaming. NSW clubs threatened to push for the removal of the sitting government in next year\u2019s elections if Dominello remained. The threats worked.<\/p>\n","protected":false},"excerpt":{"rendered":"
First it was Crown Resorts, then it was Star Entertainment. Now, another casino operator, albeit much smaller, is in trouble for violating gaming rules in Australia. ABC News reported that the Reef Hotel Casino in Cairns violated Queensland\u2019s Casino Control Act. The company that holds its casino license, Reef Corporate Services Ltd., acknowledged its breaches […]<\/p>\n","protected":false},"author":64,"featured_media":239432,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[62,33810],"tags":[81985,13363,81915],"acf":[],"yoast_head":"\n
Another Australian Casino Operator is in Trouble as Industry Scrutiny Intensifies - Casino.org<\/title>\n\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\t\n\n\n\n\n\n\t\n\t\n\t\n