Austrac inquiry into Sportsbet, Ladbrokes and Bet365 could influence government regulation amid calls for total ban on gambling ads
Australia’s biggest sports gambling companies should be prepared for a “wake-up call” as the financial crime watchdog finalises its investigation into suspected breaches of money-laundering laws.
Any action by the Australian Transaction Reports and Analysis Centre (Austrac) – which began its investigation into Sportsbet, Ladbrokes and Bet365 in late 2022 – could influence the federal government’s plans to regulate the industry amid calls for a total ban on gambling ads.
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