The COVID-19 pandemic has created unprecedented social and
economic uncertainty. The hospitality and leisure industry
has been among the hardest hit sectors of the global economy and
traditional land-based gaming organizations are facing
extraordinary financial pressures, including closures and
lay-offs.
Compliance and anti-money laundering professionals in the
gaming business who have been laid off will very likely find refuge
in other industries – even in these trying economic times
– as they have a transferable and in-demand skill set.
When the industry does recover, getting these experienced
compliance professionals back will be critical.
These circumstances result in a need for an enhanced focus
on compliance. Gaming organizations should be looking at how they
will ensure the continuity of their compliance and anti-money
laundering programs in a post COVID-19 world, where they will be
faced with tighter financial constraints and