Online betting firm bet365 subject to investigation in Australia

The UK online gambling company Bet365 is the subject of an investigation by Australia's financial crime watchdog regarding its adherence to anti-money laundering and anti-terrorism financing regulations.

In 2022, the Australian Transaction Reports and Analysis Centre placed an order for the company to undergo an external audit.

Following the pandemic, there has been heightened scrutiny of the industry due to the rise in online betting.


The Australian authorities have been investigating Entain, the owner of Ladbrokes, since 2022, and Sportsbet, a competitor, is undergoing an external audit.

 

[Qwert135]

The company is a pretty big name in the gambling industry and they will definitely would never have taken such a step because they know that such things can definitely hurt their reputation and they can be actually facing risks in some manner if these type of actions can be proved the against them that is why I believe that the charges will always be really fired and they will become free from the charges and the they investigation indeed actually