Post
Topic
Board Gambling discussion
Re: Where Will It Go If The Money Comes From Illegal Source
by
acroman08
on 10/05/2024, 11:57:55 UTC
I read they will turn over the money to the authorities.
if the money is proven to have come from an illegal source, yes, it is part of AML regulation(as far as I know), as members have already mentioned, the casino doesn't keep the money, they must report if they believe the funds from an account came from an illegal source. also, if casinos don't report incidents like this, they will most likely lose their license and face penalties.