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The Utah Jazz and Oklahoma City Thunder game was stopped mid-way due to Gobert being diagnosed with the virus but he never was at the arena during the game.Certification shortfall:The AMLC reportedly detailed that its enquiry had involved on-site compliance checks that had habitually moreover found a ‘high number of unregulated or unsupervised service providers’ as these firms are ‘merely accredited and not licensed by PAGCor.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....
Included in the mix are the NCAA and the NBA.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.Insufficient attention:The Philippines’ Anti-Money Laundering Council (AMLC) has now reportedly used an official risk assessment to declare that these POGOs often exhibit ‘a low level of awareness’ when it comes to money laundering and other fraudulent activities such as the financing of terrorism....
The February sports betting reports are in for Indiana, and the top sport for the month was basketball.” 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....
These had purportedly included a repeated lack on the part of POGOs to employ local agents and individuals tasked with ensuring their compliance with anti-money laundering directives.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. 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....
As the coronavirus continues to spread across the United States, health emergency officials are enforcing changes to major sports leagues. How this will affect the sports betting industry during one of the busiest times of the year is yet to be seen. These had purportedly included a repeated lack on the part of POGOs to employ local agents and individuals tasked with ensuring their compliance with anti-money laundering directives....
