Italy’s regulated gambling industry is facing a prolonged regulatory impasse that risks accelerating the expansion of unlicensed gambling operations, according to the EGP-FIPE, which raised its concerns before the Senate’s Constitutional Affairs Committee on Tuesday. Representing gambling operators within the Italian Federation of Public Establishments (FIPE), part of Confcommercio, the association argued during the hearing that years of delayed reforms and fragmented local

French and Belgian authorities have dismantled an extensive cross-border money laundering network accused of concealing profits generated from drug trafficking, in a coordinated operation that resulted in the arrest of eight suspects and the seizure of cash and assets worth more than €8 million. The joint investigation uncovered a highly structured criminal organization dedicated to transporting illicit cash across national borders before integrating the proceeds into the l

A former TD bank teller based in Florida, Leonardo Ayala, has been sentenced to two years in federal prison followed by three years of supervised release after authorities found him directly involved in a sophisticated international money laundering operation. Prosecutors said the former employee exploited his position inside a major financial institution to circumvent internal compliance safeguards, facilitate the movement of narcotics proceeds, and receive bribe payments fr

Chinese police say two debt-ridden former postgraduate students with a history of heavy gambling were behind what has been described as the country’s largest gold heist, a meticulously planned robbery that saw almost $4 million worth of gold bars and other solid-gold valuables stolen from a luxury retailer in Nanjing. The theft, carried out on May 16, shocked the nation after a gang allegedly made off with approximately 27 kilograms of gold from the store. Following an intens