Austrac launches civil penalty proceedings against Entain for AML/CTF failures, marking the first case against an online betting operator. The Australian Transaction Reports and Analysis Centre (Austrac) has initiated civil proceedings against Entain, citing "serious and systematic" failures in complying with anti-money laundering (AML) and counter-terrorism financing (CTF) regulations. Entain, the operator of Ladbrokes and…
Posted: 2024-12-22 12:00:38