Canadian gaming industry calls for overhaul of anti-money laundering rules
Gaming industry representatives in Canada called for changes to anti-money laundering standards at the Canadian Gaming Summit in Toronto, saying controls need to reflect digital gambling risks. The discussion preceded a Financial Action Task Force review due in November; the source also said recommendations from the Cullen Commission had not been adopted.
The proposed review of AML standards could affect compliance expectations for online and land-based gaming operators in Canada.