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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.Reportedly read the AMLC’s statement…“The study serves as a tool to inform stakeholders on the risks to money laundering of Internet-based casinos and to guide decision-makers in crafting policy initiatives.Illicit exposure:According to the source, the nation’s iGaming sector is regulated by the Philippine Amusement and Gaming Corporation (PAGCor) but that the watchdog’s examination had identified a number of shortcomings in the current supervisory regime....

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” The NCAA will not be allowing crowds during upcoming games, including the March Madness tournament, while the NBA has decided to suspend their current season indefinitely. The appraisal also purportedly determined that the current iGaming licensing system should be ‘re-evaluated’ as it presents ‘an increasing level of threat’ best online casino video pokerdue to operator reliance on these often foreign-based service providers....

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The NHL is expected to provide a further update this week.What Will the NHL Do?The National Hockey League has yet to make a decision, despite the NBA’s big reveal last night. 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....

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The AMLC furthermore recommended that the government should re-examine how it supervises POGOs with a particular focus on its powers of enforcement and consider placinbest online casino video pokerg any entity that supplies services to an iGaming firm under the ‘company service-provider sector definition’ of the nation’s Anti-Money Laundering Act of 2001.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.”Authority advice:GGRAsia used a Tuesday report of its own to explain that the Philippines watchdog called for the local iGaming industry to institute workshops and training schemes so as to increase levels of employee compliance and supervision when it comes to anti-money laundering observances....

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According to ABC News…The NCAA has not yet decided to suspend their season but will be banning fans from upcoming championship events including Division I men and women’s tournaments.Reportedly read the AMLC’s statement…“The study serves as a tool to inform stakeholders on the risks to money laundering of Internet-based casinos and to guide decision-makers in crafting policy initiatives.According to a report from Inside Asian Gaming, there are 59 entities holding a Philippine Offshore Gaming Operator (POGO) license with these enterprises said to be relying on some 218 service providers for a range of facilities including online casino software and streamed content....