“EVERY DISTRACTION IN AML MEASURES IS A GATE OPENED TO CRIMINALITY”
Speech by the AML Manager of SKS365 during the last anti-money laundering conference: “The tools to contain illegal infiltrations in the gaming sector exist, but the first step comes from the joint commitment of all operators.”
Rome, June 3rd 2019– The first edition of AML EXPO, organized by White List Warrantyand Acuris Risk Intelligence, was held in Rome on30th May: specialists and professionals came together to review the technological, digital and regulatory anti-money launderingstate-of-art.
Speakers included Antonio Arrotino, AML Manager and MLROof SKS365, which focused mainly on the risks of criminal raids in thegaming market: one of the most attractive and, also, most sensitive.
“In 2018, the italian legal gaming market generated €105 billion in funding. The higher the profitability of a sector, the greater the danger that criminal organizations will join the market: extortion, product imposition, building of fake networks or alterations of gaming machines, up to the manipulation of the sport events through criminal practices such as match fixing” commented Arrotino, who is also headof the Italian Association of Anti-Money Laundering Managersfor the games sector.
The phenomenon affects not only the legal sector and the legal operators, but also involves and damages the players themselves. To stem this threat, is important to act in advance, always keep up, and try to foresee as far as possible the criminal moves. Prevention, collaboration and control are the main weapons.
“There are some specific tools, so-called anti-money laundering safeguards, which are valid both for online and offline control systems, and also for the protection of both operators and players. Check the opening and closing accounts– continued Arrotino– Increasing the frequency of supervision during the use of these accounts, identifying each profile and collecting detailed data to identify anomalous or suspicious behaviors to be reported to the Authorities. In a word: attention. The unfulfillment of anti-money laundering measures generates gray areas, a gate left open which allows the entry of criminal activities. For this reason – concluded Arrotino– The maximum care, alert and continuous collaboration of all the operators is fundamental. Our sector has its immune defenses, but should be treated every day to avoid viruses.“