{"id":312115,"date":"2024-02-27T10:21:16","date_gmt":"2024-02-27T16:21:16","guid":{"rendered":"https:\/\/www.casino.org\/news\/?p=312115"},"modified":"2024-02-27T11:54:30","modified_gmt":"2024-02-27T17:54:30","slug":"philippines-casino-junkets-blamed-money-laundering-grey-list","status":"publish","type":"post","link":"https:\/\/www.casino.org\/news\/philippines-casino-junkets-blamed-money-laundering-grey-list\/","title":{"rendered":"Philippines Casino Junkets Blamed for Money Laundering Grey Listing"},"content":{"rendered":"
Junket groups serving the Philippines’ many casinos are primarily to blame for the country remaining on an international list of nations that aren’t doing enough to combat money laundering. That’s according to the Financial Action Task Force (FATF), an intergovernmental organization founded by the Group of Seven (G7) designed to reduce global terrorism funding by limiting the illicit flow of money.<\/p>\n