Anti-Money Laundering and Counter-Terrorism Financing Amendment (Making Gambling Businesses Accountable) 2020

# Anti-Money Laundering and Counter-Terrorism Financing Amendment (Making Gambling Businesses Accountable) Bill 2020 ## What it does This bill makes gambling businesses (like casinos, poker machine venues, and online betting sites) legally responsible for stopping people from gambling with stolen money. If a gambling business has good reason to suspect someone is trying to pay with stolen property, they must refuse to let them gamble. ## Why it matters Criminals often use gambling to "clean" stolen money by converting it into chips, winnings, or cash-outs that look legitimate. This law plugs that loophole by putting the responsibility on gambling venues to spot and block these transactions, making it harder for theft proceeds to be laundered. ## Key details - **Who it affects**: Any business that provides gambling services — this includes clubs, pubs, casinos, and online gambling operators - **The trigger**: Businesses must act if they have "reasonable grounds to suspect" someone is using stolen property to gamble — they don't need proof, just reasonable suspicion - **When it starts**: The law comes into effect the day after it receives Royal Assent (final parliamentary approval)

🔒 Voting closed — this bill has been decided by parliament