Gambling operators face a complex web of financial crime risks, ranging from money laundering and terrorist financing, to high-risk leisure spending by criminal entities.
That’s why Ophion are very proud to support our founder and MD Josie Preston as she joined forces with casino cheat extraordinaire-turned consultant Richard Marcus (Game Protection Consultant/Trainer) in presenting the session ‘Casino Money Laundering: The Current Trends and Latest Threats’ at the inaugural Euro Global Table Games & Game Protection Conference at The Hippodrome Casino in London last week.
The session delivered an insightful presentation that explored the intricate landscape of Money Laundering, Terrorist Financing, and Criminal Lifestyle Spending within the casino industry, unpacking common and emerging threats, trends, and typologies, and offering a fresh perspective on typical player behaviours through the lens of AML.
Additionally, simulated and live demonstrations focused upon how the deployment of simple, organic Open Source Intelligence (OSINT) techniques can enhance due diligence and screening/ongoing monitoring processes, and clarify narratives in suspicious activity investigations, equipping NO/MLROs and AML, Fraud, and Compliance Teams to safeguard their businesses from criminal exploitation.
Ophion shared the main stage with some powerhouses in global casino security and surveillance, including ex-CIA and Close Protection of President Obama, Michael A. Matranga (CEO of M6 Global Defense), the ‘Father of Modern Security’ Derk J. Boss (CEO of DJ Boss Associates), Ted Whiting (VP of Corporate Surveillance at MGM Resorts International) and Rick Perazzo (Corporate Surveillance Training Manager at MGM Resorts International).
At Ophion, we’re passionate about empowering AML, fraud, and compliance teams with the insights and advisory they need to protect their organisations from criminal exploitation and regulatory risks.
Don’t gamble with ML, TF, and FinCrime risk – Contact Ophion now to discover how our expertise can help support your organisation to remain one step ahead in today’s ever-evolving criminal threat landscape.
Find out more about the Global Table Games & Game Protection Conference here.