UN REPORT CALLS ON ASIAN GOVERNMENTS TO CRACK DOWN ON BOOM IN ILLICIT GAMING
January 15th, 2024
A detailed UN Office on Drugs & Crime (UNODC) report has called on governments in east and southeast Asia to proactively prevent the growth in illicit gambling services in the region, which are being abused by money launderers. These combine physical gambling locations with online gaming, with cryptocurrency being used to stake and collect on bets along with fiat currency. They are often located in border zones where government controls can be weak, especially in south-east Asian countries.
The UNODC report ‘Casinos, Money Laundering, Underground Banking, ...
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