Chief Stipe Posted July 17 Share Posted July 17 The powers of AML laws! Imagine the TAB being closed down for the equivalent time of 5 days of SKY City Casino! Quote Link to comment Share on other sites More sharing options...
Brodie Posted July 17 Share Posted July 17 32 minutes ago, Chief Stipe said: The powers of AML laws! Imagine the TAB being closed down for the equivalent time of 5 days of SKY City Casino! The thing is though, how many horse punters are money launderers? The casino doesnt give a rats as long as the gambler is losing, but if they win then they will try and shut them down! The NZ TAB doe not play fair at all, shutting down any punter that tends to consistently win. The NZ TAB also does not abide by the NZ Law for AML ACT, they have a $1K limit whereas the ACT says $5k or $6k. It us not about Anti Money Laundering with them it is about having total control of all punters. Sky City Casino will be operating under the NZ Law for the AML unlike the NZ TAB! It will be costly for Sky City having to close but at the end of the day they will continue to make good profit and deserve to get punished if they hsve not been opersting correctly under their license. Quote Link to comment Share on other sites More sharing options...
Chief Stipe Posted July 17 Author Share Posted July 17 1 minute ago, Brodie said: The thing is though, how many horse punters are money launderers? Not many because it is too hard to get much money washed. Unlike Sky City there are checks and balances. You may argue there are too many. But you can see the repercussions of getting it wrong. 1 Quote Link to comment Share on other sites More sharing options...
Rangatira Posted July 19 Share Posted July 19 On 18/07/2024 at 9:44 AM, Brodie said: The casino doesnt give a rats as long as the gambler is losing, but if they win then they will try and shut them down! for cheating ? Quote Link to comment Share on other sites More sharing options...
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