Australian MP wants gambling companies to refund crime-funded bets

The new law, the Anti-Money Laundering and Counter-Terrorism Financing Amendment Bill 2024, is a component of a nationwide effort by independent politicians to force gambling companies to adopt a more stringent policy regarding the use of criminal proceeds for gambling.

A "soft approach" to gambling companies and their practices has been characterized by numerous politicians, which the MPs' bills seek to rectify.
 
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