Sportsbet insists ‘heavy’ investment in stopping dirty cash
Auditors will be appointed at Sportsbet and Bet365's expense. They will assess if the two betting shops adopt and maintain strong enough defences to identify, mitigate and manage money laundering. It is the latest investigation to envelop SportsBet owner Flutter. It controls 50 per cent of the punting take in Australia. Betr Australia is facing an investigation by NSW’s gambling watchdog. The company offered 100-1 odds for the November 1 Melbourne Cup. Last month, AUSTRAC launched an anti-money-laundering investigation into Entain.
