While the right wing anti-gambling hordes love to cite the spectre of money laundering as one of their principal objections to the online gambling industry, it turns out that land-based casinos in Canada are the real problem. For instance, criminals are reportedly approaching big winners at casinos and offering them 105% of their jackpot’s face value. These types of shenanigans would be impossible at an online casino, which is why BCLC’s move into cyberspace – while undeniably hamfisted – is a step in the right direction. Read more.
Canada’s financial watchdog reviewing BCLC casino money laundering report
September 28, 2017
BC gov’t accused of burying casino money laundering report
September 22, 2017
BCLC’s online gambling site posts double-digit revenue growth
August 25, 2017