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Conflict Remains as Government Contradicts Itself Over Money Launder
We are all keenly aware of the issues that money laundering is posing for the gambling industry in Canada. This is an industry that has the potential to be so lucrative, as well as making a big difference to the way in which people bet and game across provinces. It is clear that there has been a lot of developments in this sector over the past few years, but money laundering is certainly still a concern.
British Columbia seems to be the province that is suffering the most from money laundering problems, and this is something that the government has taken the time to address. There is even awebsite created to try to help crackdown on money laundering by allowing the public to leave anonymous tips that could help the battle against money laundering.
In scenarios like this, it does seem that profit is king, and that the government is trying to have their cake and eat it at the same time. Making money from the casino and gambling industry is hugely important, but this should not be allowing criminal activity to thrive as a result. This is why the government needs to get serious about things, and look at what can be done to knock money laundering on the head as soon as possible.
However, there are so many issues that need to be dealt with when it comes to money laundering, and there are so many things the government will need to get right. The better this is dealt with, the faster Canadian gambling can clean up its act, and make the right choices for the future of the industry.