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"It is a privilege to carry a On line casino licence in South Australia… but SkyCity has misplaced that privilege and will be stripped of that privilege," he reported.
AUSTRAC alleges SkyCity engaged in systemic non-compliance with anti-funds laundering and counter terrorism financing laws, and "failed to carry out due diligence on 124 consumers" — a breach that could lead to fines of a lot more than $2 billion.
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Ms Michaels explained the proposed new state legal guidelines would cover past and foreseeable future carry out, this means the point out authorities could impose retrospective fines of nearly $seventy five million on SkyCity on top of any court-imposed penalty.
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