Betway joins EGBA's Anti-Money Laundering Guidelines Initiative

The first company outside of the immediate membership of the European Gaming and Betting Association to do so is a casino and sports betting operator named Betway. Following a year-long consultation phase, the most recent version of these anti-money laundering standards was made public on March 6, 2023. Along with client due diligence procedures, suspicious transaction reporting, business risk assessments, and other areas requiring stringent AML compliance, the EGBA standards placed a major emphasis on anti-money laundering and countering terrorist financing.