Money launderers in Australia clean AU$1.1 billion (US$698 million) yearly through illegal gambling operations. Law enforcement teams have shut down five illegal casinos in Sydney in the last year. These underground gambling operations pose a growing challenge to authorities. Licensed operators now face tougher Australian gambling laws and increased regulatory scrutiny. The Australian Communications and Media Authority (ACMA) blocked over 1,000 illegal gambling websites since November 2019. This crackdown forced unauthorized operators to find new ways to operate. The situation reminds many of Australia’s “tobacco wars” when strict regulations and higher taxes led criminals to set up illegal operations. Criminal organizations continue to exploit gaps in the system and run sophisticated underground operations. This radical alteration in the digital world has forced law enforcement to rethink their strategies and update regulatory frameworks. Australian Police Uncover Five Illegal Casinos in Sydney NSW Police have ramped up their fight against underground gambling in the last year. They raided five illegal casinos across… Read More

Category: News 

Source: Casino News Daily