US Sanctions Mexican Cartel Racetrack Linked to ‘Torture Casino’
By The Weekly Edge desk ·
Summary
The US Treasury put Club La Molienda, a racetrack near Nuevo Laredo, on its sanctions list on Oct. 13 as one of 11 entities and four individuals targeted in what it called its biggest financial action yet against the Cártel del Noreste. Treasury says the cartel controls the track, which had a wagering partnership with Casino Centenario until Mexican authorities suspended that casino's operations in April. Casino Centenario and Diamante Casino in Tampico, plus its online platform, were blacklisted in April over alleged money laundering and other criminal activity.
Why it matters
Treasury sanctioning a cartel-controlled racetrack tied to Casino Centenario shows gaming venues treated as laundering channels, raising compliance and counterparty risk for cross-border operators.