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ARTICLE · 13 MAY 2020

Gaming In The Era Of COVID-19

McCarthy Tétrault
McCarthy Tétrault
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McCarthy Tétrault

McCarthy Tétrault

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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

CanadaCoronavirus (COVID-19)

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

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