Although casinos are popular places for money laundering because they are frequently teeming with cash, there is no proof that the gaming establishments at Marina Bay Sands and Resorts World Sentosa have engaged in this kind of activity.
There have only been a few instances of criminal proceeds being turned into casino chips for the purpose of self-laundering, according to the assessment in an updated report on money laundering risks.
The local authorities have looked into a few cases involving money laundering by third parties that a casino facilitated.
There have only been a few instances of criminal proceeds being turned into casino chips for the purpose of self-laundering, according to the assessment in an updated report on money laundering risks.
The local authorities have looked into a few cases involving money laundering by third parties that a casino facilitated.