http://mobile.abc.net.au/news/2017-...ing-money-laundering-laws/8360164?pfmredir=sm
Gaming company Tabcorp has been fined $45 million for breaches of anti-money laundering and counter-terror financing laws.
The Federal Court found Tabcorp failed to alert regulators to reports of suspicious behaviour on 108 occasions over more than five years.
Tabcorp has admitted that the suspicions related to unlawful activity including money laundering and credit card fraud, which was not reported to the Australian Transaction Reports and Analysis Centre (AUSTRAC).
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Wow, we can not trust any bookie 😱
wow...that's big!
It'd be nice to be hit with a 45mill dollarydoo fine and just have it "recognised as a significant item in its next financial statements."
Gambling huh!