April 2014 – Internet Gambling

all

Internet gambling? “Cybercafes” face uncertain future

Lucky You 777, tucked away in a nondescript strip mall on Havana Street, does not look or sound much like a casino. Besides a bank of computer screens lit up with colorful sweepstakes games, there are no stern-looking pit bosses patrolling the floor, no cocktail waitresses serving drinks and, most noticeably, no noise.

Jackpot: Authorities Grapple with Dirty Online Gambling

As the online gambling market balloons to more than $39 billion over the next three years, security experts are warning it will become a hotbed for money laundering.

Governor urges Congress to reject Internet gambling expansion

Gov. Rick Scott may be in the midst of deciding whether to allow the expansion of gambling in Florida with his negotiations with the Seminole Tribe, but this week he made it clear he vigorously opposes Internet gambling.

Online gambling a haven for money launderers, report warns

Just like it did to booksellers and travel agents, the Internet is rendering obsolete money launderers inside brick-and-mortar casinos.

Online gambling: The new home for money launderers?

With online gambling set to be worth $39 billion by 2016, the industry is at risk of becoming a safe haven for money laundering, according to a report published on Thursday.

McAfee says online gambling fuelling cybercrime

According to McAfee’s Jackpot! Money Laundering Through Online Gambling whitepaper, online casino operators are fuelling the increase in cybercrime by making it easy to cash in on crimes.