Day: October 9, 2024
UN Warns That Crime Groups in Asia Launder Billions Through Illegal Gambling Sites
The United Nations (UN) has voiced its concerns about the growing prevalence of criminal organizations in Southeast Asia running illegal online gambling sites using cryptocurrency payments. The UN’s Office on Drugs and Crime (UNODC) published the report titled “Transnational Organized Crime and the Convergence of Cyber-Enabled Fraud, Underground Banking, and Technological Innovation: A Shifting Threat…
Read MoreFrench Casino Body Calls Imminent Tax Hike a “Death Warrant” for Gambling Firms
Tax hike anxiety France’s new government under Emmanuel Macron’s successor as Prime Minister, Michel Barnier, has sent gambling firms into a tailspin after news of proposed tax hikes on the sector. will hit online sportsbooks and horse racing sites the hardest Les Echos revealed that the Barnier administration will, on Thursday, publish plans to levy…
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