Regulators fine casinos $34m over AML and customer verification concerns in September

Summary

Regulators imposed $34m in casino fines during September over anti-money laundering and customer verification concerns, 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.