New Posts For Thread: EU wants to tackle money laundering on online gambling siteshttps://community.betfair.com/horse_racing/go/thread/view/94102/29760429/eu-wants-to-tackle-money-laundering-on-online-gambling-sitesEU wants to tackle money laundering on gaming sitesBRUSSELS | http //uk.reuters.com (Reuters) - The European Union may try to counter money laundering through online betting sites by extending legislation beyond casinos to include Internet gambling.tess your point confirms that the primary objective for the launderer is to get cash into the banking system (known as "placement"). This is possible (though you say prevented) in LBOs, it isn't possible online.https://community.betfair.com/horse_racing/go/thread/view/94102/29760429/eu-wants-to-tackle-money-laundering-on-online-gambling-sites?post_id=528803565#528803565tess your point confirms that the primary objective for the launderer is to get cash into the banking system (known as "placement"). This is possible (though you say prevented) in LBOs, it isn't possible online.Wed, 06 Feb 2013 04:17:14 -0600Ok Patrick,yes, if you were going to launder via GM's this would be the way to play. However, the back office will always flag this type of play and invites the member of staff to contact security before payment is made. Laundering or attempts to lauhttps://community.betfair.com/horse_racing/go/thread/view/94102/29760429/eu-wants-to-tackle-money-laundering-on-online-gambling-sites?post_id=528793263#528793263Ok Patrick,yes, if you were going to launder via GM's this would be the way to play. However, the back office will always flag this type of play and invites the member of staff to contact security before payment is made. Laundering or attempts to lauTue, 05 Feb 2013 15:58:33 -0600Tess 05 Feb 13 21:40 Joined: 30 Jul 05 | Topic/replies: 98 | Blogger: Tess's blogPerfect strategy roulette returns 97%. Who plays that way?!someone laundering money?https://community.betfair.com/horse_racing/go/thread/view/94102/29760429/eu-wants-to-tackle-money-laundering-on-online-gambling-sites?post_id=528792863#528792863Tess 05 Feb 13 21:40 Joined: 30 Jul 05 | Topic/replies: 98 | Blogger: Tess's blogPerfect strategy roulette returns 97%. Who plays that way?!someone laundering money?Tue, 05 Feb 2013 15:45:25 -0600Perfect strategy roulette returns 97%. Who plays that way?! Money laundering and using the proceeds of crime to fund gambling are two different things.https://community.betfair.com/horse_racing/go/thread/view/94102/29760429/eu-wants-to-tackle-money-laundering-on-online-gambling-sites?post_id=528792717#528792717Perfect strategy roulette returns 97%. Who plays that way?! Money laundering and using the proceeds of crime to fund gambling are two different things.Tue, 05 Feb 2013 15:40:49 -0600B f Fanatic is surprisingly wise on the political front.Europe hates Britain and wants to get as much money as it can from them and change all your magnificent traditions.https://community.betfair.com/horse_racing/go/thread/view/94102/29760429/eu-wants-to-tackle-money-laundering-on-online-gambling-sites?post_id=528789393#528789393B f Fanatic is surprisingly wise on the political front.Europe hates Britain and wants to get as much money as it can from them and change all your magnificent traditions.Tue, 05 Feb 2013 13:58:20 -0600Getting tied up into paying for uneconomic countries would put even more pressure on other members and the UK ifwe became members, every grey cloud somtimes reveals many more...https://community.betfair.com/horse_racing/go/thread/view/94102/29760429/eu-wants-to-tackle-money-laundering-on-online-gambling-sites?post_id=528787737#528787737Getting tied up into paying for uneconomic countries would put even more pressure on other members and the UK ifwe became members, every grey cloud somtimes reveals many more...Tue, 05 Feb 2013 13:09:13 -0600JUST WHEN European leaders thought they were getting to grips with three years of economic turmoil, along came Cyprus, a seemingly small problem but one that cannot be ignored.While the Cypriot economy may be worth only €18 billion, making it the thttps://community.betfair.com/horse_racing/go/thread/view/94102/29760429/eu-wants-to-tackle-money-laundering-on-online-gambling-sites?post_id=528787667#528787667JUST WHEN European leaders thought they were getting to grips with three years of economic turmoil, along came Cyprus, a seemingly small problem but one that cannot be ignored.While the Cypriot economy may be worth only €18 billion, making it the tTue, 05 Feb 2013 13:06:53 -0600WE all know that European interest rates and regulations all favor the northern terrorories and I feelsorry for countries like Greece and spain that bought in only to get conned into paying th higest rates.If Europe thinks we are going to put ourselvhttps://community.betfair.com/horse_racing/go/thread/view/94102/29760429/eu-wants-to-tackle-money-laundering-on-online-gambling-sites?post_id=528787489#528787489WE all know that European interest rates and regulations all favor the northern terrorories and I feelsorry for countries like Greece and spain that bought in only to get conned into paying th higest rates.If Europe thinks we are going to put ourselvTue, 05 Feb 2013 13:01:11 -0600Europe has to be a massive swerve for all uk voters IMOhttps://community.betfair.com/horse_racing/go/thread/view/94102/29760429/eu-wants-to-tackle-money-laundering-on-online-gambling-sites?post_id=528787353#528787353Europe has to be a massive swerve for all uk voters IMOTue, 05 Feb 2013 12:55:27 -0600Its bad enough having uk leaders with no realistic control, without EU members making decisions for us.https://community.betfair.com/horse_racing/go/thread/view/94102/29760429/eu-wants-to-tackle-money-laundering-on-online-gambling-sites?post_id=528787321#528787321Its bad enough having uk leaders with no realistic control, without EU members making decisions for us.Tue, 05 Feb 2013 12:54:50 -0600