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ARTICLE · 06 OCTOBER 2026

FATF Report: Red Flag Indicators Within The Gaming And Gambling Industry

Michael Kyprianou & Co. LLC
Michael Kyprianou & Co. LLC
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The Financial Action Task Force has released a comprehensive report examining how the gaming and gambling industry's evolution into online, cross-border platforms has created new vulnerabilities for money laundering, terrorist financing, and proliferation financing. The report identifies critical gaps in international regulatory frameworks and provides strategic recommendations for jurisdictions to strengthen their oversight of this increasingly interconnected digital ecosystem.

CyprusGovernment, Public Sector
MK Compliance Limited
MK Compliance Limited
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The biggest difference on how the gaming and gambling industry has changed over the years is due to the expansion of online, cross-border, multi-product and multi-payment platforms. The industry is now part of a broader inter-connected value-transfer ecosystem with numerous actors that are ever evolving, says the Financial Action Task Force (“FATF”) in its recent report on the gambling and casino industry.

The Report offers an updated analysis of the money laundering (“ML”), terrorist financing (“TF”) and to a lesser extent proliferation financing (“PF”) risks posed by the casino, gambling and gaming sector. Due to the rise in the online use of this sector, and an overlap of services and payments mechanism involved (i.e., cash, card, bank transfer, virtual assets, mobile money, third-party intermediaries and money or value transfer services), the risks of being exposed to ML/TF/PF have risen due to the cross-border customer bases and flow of funds via digital means. Notwithstanding

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