Tag Archives: BCLC
- Audit: BC casinos allow Chinese VIPs to ‘refine’ dirty money
October 16, 2017
British Columbia casinos are facing fresh allegations of enabling suspected money laundering by Chinese VIP gamblers. Last month, BC’s attorney general released a 2016 report that was buried by the province’s former Liberal government suggesting rampant money laundering at BC casinos, particularly the River Rock Casino Resort in suburban Vancouver....
- Canada’s financial watchdog reviewing BCLC casino money laundering report
September 28, 2017
Canada’s national financial watchdog is taking a closer look into reports of shoddy anti-money laundering compliance at British Columbia casinos. Last week, the newly elected BC government released a bombshell report detailing a pattern of sketchy transactions at the River Rock Casino Resort in Richmond. The report had been kept...
- BC gov’t accused of burying casino money laundering report
September 22, 2017
British Columbia’s attorney general is slamming the province’s former government for burying a report into allegedly rampant money laundering at one of its land-based casinos. On Friday, Attorney General David Eby released a year-old report into allegations of money laundering at the River Rock Casino Resort in Richmond, a suburb...
- BCLC’s online gambling site posts double-digit revenue growth
August 25, 2017
The British Columbia Lottery Corporation’s online gambling site has posted double-digit revenue growth thanks to improved slots activity. Figures released this week show BCLC’s net income in the 12 months ending March 31, 2017 hitting C$1.34b (US $1.07b), up 2% over the fiscal 2015-16 result. The 2016-17 net income set...
- Evolution Gaming enters Canada via BCLC live casino deal
April 4, 2017
Live dealer online casino specialists Evolution Gaming are planning to build a new live casino studio in Vancouver in partnership with the British Columbia Lottery Corporation’s online gambling site PlayNow.com. On Tuesday, Evolution announced plans to launch its eighth live casino studio and its first outside Europe. Evolution says the...
- BCLC’s online casino earns 46% of revenue from 619 players
February 25, 2017
New research reveals that the British Columbia government’s online gambling site earns 46% of its online casino revenue from just 5% of its players. This week, the British Columbia Lottery Corporation (BCLC) celebrated the signing of a licensing agreement in which casino operator MGM Resorts would integrate BCLC’s GameSense responsible...
Problem gamblers’ brains bad at assessing, adapting to risk
April 14, 2017
Kangwon Land casino paying problem gamblers to stay away
March 24, 2017
MGM’s Maryland casino National Harbor sets new revenue record
September 7, 2017