Adelaide's SkyCity Casino ordered to pay $67m penalty, $3m legal costs for AML/CTF Act violations (2016-2022).
Adelaide's SkyCity Casino has been ordered by the Federal Court to pay a $67m penalty and $3m in legal costs for violating Australia's Anti-Money Laundering and Counter-Terrorism Financing Act between 2016-2022. The casino failed to meet requirements and proper ongoing customer due diligence. This is the second civil penalty AUSTRAC has won against Australian casinos.
June 07, 2024
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