Sports gambling behemoths face their fate as money-laundering inquiry nears climax

Once the financial crime watchdog completes its investigation into possible violations of money-laundering laws, Australia's largest sports gambling companies should brace themselves for a wake-up call.

The Australian Transaction Reports and Analysis Centre started looking into Sportsbet, Ladbrokes, and Bet365 in late 2022. Anything the center does could affect the federal government's plans to regulate the industry in the face of calls for outright banning gambling advertisements.
 
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