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Regulators fine casinos $34m over AML and customer verification concerns in September
By The Weekly Edge desk · · Updated
Summary
Regulators imposed $34m in casino fines during September over anti-money laundering and customer verification concerns, CDC Gaming reported, citing Dentons US partner Melissa Gomez Nelson. Nelson discussed the penalties during a financial crime panel at Global Gaming Expo.
Why it matters
September’s $34m in casino fines highlights financial consequences associated with anti-money laundering and customer verification concerns.