Tabcorp concedes faults in 'dirty money' probe by Austrac

Perry WilliamsSenior Reporter

Updated Jun 24, 2016 – 8.56am, first published at 7.39am

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Betting giant Tabcorp has acknowledged failings in its counterterrorism and anti-money laundering programme ahead of a court battle over 'dirty money' claims brought by federal government agency Austrac.

While the federal court hearing is not due until June 2017, Tabcorp filed its defence in the case on Thursday relating to the latest set of transgressions raised by Austrac.

Perry Williams writes on business from our Sydney newsroom, specialising in gaming and resources. Connect with Perry on Twitter.