VGCCC warns operators to be vigilant this holiday season

Added: December 1, 2023

The VGCCC has recently issued a reminder for its licensed operators to be vigilant throughout the upcoming holiday season.

The VGCCC mentioned in its latest announcement that as people travel to visit their families for the holiday season, it is expected that gambling venues across the state will experience an influx of visitors. This will require operators in Victoria to be more vigilant to ensure they’re able to provide their expanded player bases with safe gambling experiences.

Moreover, the regulator also mentioned that this expected rise in gambling establishment visitors will provide criminals with the perfect opportunity to utilize operators for various financial crimes. The VGCCC stated that licensed companies will need to be prepared for an increase in various suspicious behaviors and provided a few examples of what actions could be hinting at money laundering taking place. This includes players withdrawing their funds without playing, refusing to identify themselves or providing fake IDs, and arriving at gambling establishments with large amounts of cash.

The regulator also warned operators to be wary of people using cash that is in poor condition or has a strong odor and who offer to purchase winning tickets from a venue’s other patrons.

Lastly, the VGCCC mentioned that operators should periodically interact with players and patrol their gambling areas to minimize the risks of their experiences being used for money laundering.

VGCCC