Macau, a city known for its many casinos and large gambling industry, is now attracting money laundering in rates much higher than the rest of the world. According to this article by the South China Morning Post, “The significance of… gaming in Macau drives the significance of money laundering in the local marketplace.” Big casino industry in cities offers an enticing opportunity for those looking to launder money, another example of crime that follows casinos.
US study examined more than 700,000 online gamblers and only 4% made money from online betting
In a first-of-its-kind study from the University of California San Diego Rady School of Management, researchers have identified comprehensive insights