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How this will affect the sports betting industry during one of the busiest times of the year is yet to be seen.’Reportedly read a statement from the AMLC…“Because the use of gaming accounts is not closely regulated by POGOs, the level of anonymity is high.”...
The Utah Jazz is now under quarantine in Oklahoma City due to being around Gobert.As the coronavirus continues to spread across the United States, health emergency officials are enforcing changes to major sports leagues. These had purportedly included a repeated lack on the part of POGOs to employ local agents and individuals tasked with ensuring their compliance with anti-money laundering directives....
”In the Philippines and the nation’s anti-money laundering watchdog has reportedly called for stricter regulation of licensed iGaming firms and their utilization of often unregulated and unsupervised service providers. Other teams that have played on the same court in recent days have been told to self-quarantine including the New York Knicks, Detroit Pistons and the Toronto Raptors....
According to a report from Inside Asian Gaming, there are 59 entities holding a Philippine Offshore Gaming Operator (POGO) license with these enterprises said to be relying on some 218 service providers for a range of facilities including online casino software and streamed content.Insufficient attention:The Philippines’ Anti-Money Laundering Council (AMLC) has now reportedly used an official risk assessment to declare that these POGOs often exhibit ‘a low level of awareness’ when it comes to money laundering and other fraudulent activities such as the financing of terrorism.The February sports betting reports are in for Indiana, and the top sport for the month was basketball....
Insufficient attention:The Philippines’ Anti-Money Laundering Council (AMLC) has now reportedly used an official risk assessment to declare that these POGOs often exhibit ‘a low level of awareness’ when it comes to money laundering and other fraudulent activities such as the financing of terrorism.The Utah Jazz is now under quarantine in Oklahoma City due to being around Gobert.According to a report from Inside Asian Gaming, there are 59 entities holding a Philippine Offshore Gaming Operator (POGO) license with these enterprises said to be relying on some 218 service providers for a range of facilities including online casino software and streamed content....
