SkyCity Entertainment Group agrees to pay A$67m for Adelaide casino anti-money laundering breaches, pending Federal Court approval.
SkyCity Entertainment Group agreed to pay A$67 million ($73 million) for anti-money laundering breaches at its Adelaide casino, between December 2016 and mid-December 2022, as it settles with the Australian Transaction Reports and Analysis Centre (Austrac). The agreement is subject to approval from the Federal Court, with a penalty hearing set for June 7. The casino operator admitted its failure to meet required standards and apologized to customers.
May 17, 2024
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