Christchurch Casinos agrees NZ$5.06m penalty recommendation in DIA settlement
New Zealand’s Department of Internal Affairs (DIA) agreed a settlement with Christchurch Casinos in a civil case over alleged anti-money laundering and counter-terrorism financing breaches. The casino admitted all seven causes of action and agreed to the DIA’s recommendation that the High Court impose a NZ$5.06m penalty; the alleged failings occurred between December 2018 and December 2023.
The settlement records the casino’s admissions and places a NZ$5.06m penalty recommendation before the High Court.