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Criminals turn to pubs, clubs to launder cash: inquiry

Criminals are funnelling billions of dollars of “dirty” cash through pokies in NSW pubs and clubs every year as the machines remain a “safe haven” for money launderers because of weak regulation, a major inquiry has found.

The NSW Crime Commission, which led the review, said it could not tell how much of the $95 billion fed through pokies in the state annually were proceeds of crime, but it was “many” billions, primarily from drug dealing.

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Hannah Wootton is a Rear Window columnist, based in Melbourne. Connect with Hannah on Twitter. Email Hannah at hannah.wootton@afr.com

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    Original URL: https://www.afr.com/companies/games-and-wagering/criminals-turn-to-pubs-clubs-to-launder-cash-inquiry-20221026-p5bt3b