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Insufficient attention:The Philippines’ Anti-Money Laundering Council (AMLC) has now reportedly used an official risk assessment to declare that these POGOs often exhibit ‘a low level of awareness’ when it comes to money laundering and other fraudulent activities such as the financing of terrorism. The Utah Jazz and Oklahoma City Thunder game was stopped mid-way due to Gobert being diagnosed with the virus but he never was at the arena during the game.’Reportedly read a statement from the AMLC…“Because the use of gaming accounts is not closely regulated by POGOs, the level of anonymity is high....
The Utah Jazz is now under quarantine in Oklahoma City due to being around Gobert.In the Philippines and the nation’s anti-money laundering watchdog has reportedly called for stricter regulation of licensed iGaming firms and their utilization of often unregulated and unsupervised service providers. Thus, accounts may be used for money laundering and fraudulent activities....
Other teams that have played on the same court in recent days have been told to self-quarantine including the New York Knicks, Detroit Pistons and the Toronto Raptors. With mMajor NBA Decision:The news that the NBA season was suspended came last night soon after Rudy Gobert of the Utah Jazz was announced having tested positive for the coronavirus....
Thus, accounts may be used for money laundering and fraudulent activities. How this will affect the sports betting industry during one of the busiest times of the year is yet to be seen. The NHL is expected to provide a further update this week....
Thunder players were not tested and were sent home after the game.Major NBA Decision:The news that the NBA season was suspended came last night soon after Rudy Gobert of the Utah Jazz was announced having tested positive for the coronavirus. The NHL is expected to provide a further update this week....
