Amaya Receives Danish License for

Amaya Receives Danish License for

Former Full Tilt Pro ‘Great Dane’ Gus Hansen: Amaya will soon launch the new platform in Hansen’s native Denmark. will launch in Denmark, having been issued a license to provide casino and poker games from the Danish Gambling Authority (DGA).

PokerStars has been operating licensed gaming within the national nation since the beginning of 2012, well before Amaya Inc acquired the two poker sites through the Oldford Group.

This represents just the second time that Full Tilt specifically has been issued a license under Amaya, and the first time it did therefore in order to enter a territory that is new.

Both Comprehensive Tilt and PokerStars were issued licenses by great britain Gambling Commission earlier this year, but both have been running in great britain long before.

The licenses became a requirement to work in britain underneath the new gambling that is online which came into force at the beginning of 2015.

The brand new gambling act stated that operators had to be taxed and licensed in Britain in order to interact with the British market. Formerly, both sites’ licenses were through the British white-listed jurisdiction the Isle of Man was fit for function.

Market Expanding

Interestingly, Amaya has declined to make application for a license in Spain, a stuttering, ring-fenced market dominated overwhelmingly by its big sister web site. Denmark’s online gambling market, on the other hand, was a success Læs videre “Amaya Receives Danish License for”

Casino Fined Record $75 Million For ‘Willful’ Money Laundering Violations

Casino Fined Record $75 Million For ‘Willful’ Money Laundering Violations

Trouble in Paradise: The Tinian Dynasty Hotel and Casino, where money-laundering violations had been systematic, according to FinCEN.

A Pacific Island casino has been fined accurate documentation $75 million for breach of anti-money-laundering laws.

The US Financial Crimes Enforcement Network FinCEN stated this week that the Tinian Dynasty Hotel & Casino in the Northern Mariana Islands had been guilty of a ‘willful and egregious’ flouting regarding the Bank Secrecy Act for failing to file thousands of CTR (money transaction reports).

The islands are a territory that is unincorporated of United States and consequently liable to abide by its legislation.

Because the passage associated with Money Laundering Control Act 1986 it was a requirement for all US institutions that are financial file a CTR to FinCEN for almost any currency transaction over $10,000, as a measure to combat money laundering.

The act essentially eliminated the ‘right to financial privacy’ by declaring that a financial organization would no longer be held liable for declaring dubious financial transactions to the authorities.

Financial Clampdown

While banks have actually abided by these laws for the best part of two decades, FinCEN has recently clamped down regarding the casino industry, where the relationship between operator and high-rolling customer has traditionally been more discreet.

A year ago, The Trump Taj Mahal in Atlanti Læs videre “Casino Fined Record $75 Million For ‘Willful’ Money Laundering Violations”