»Come in Spinner« – Money Laundering in the Australian Casino Industry

1. Introduction

Research objective – Scope of the research – Outline of the study

2. Methods

Required information – Materials and methods used

3. Casinos, crime and money laundering

Introduction – Casinos and crime – Legal definition of money laundering – The fabulous forty – The casino quandary – FATF/APG vulnerability report – Intrinsic weaknesses – Summary

4. Las Vegas and the legalisation of vice

Introduction – An ancient pastime – Nevada: Prospectors, charlatans and entrepreneurs – Enter ›Bugsy‹ – Drug dealing bartenders and musicians – Summary

5. The Australian casino industry

Introduction – A question of liberty – They'll bet on anything – The local casino industry – Casino regulation and anti-money laundering legislation – Summary

6. Risky business

Casinos and the application of the AML/CTF Act: Introduction – The risk-based approach – Risk and the core requirements – Anti-money laundering laws in a nutshell – Summary

7. Official statistics and media analysis

Introduction – Problems with the official statistics – The Star City blues – Melbourne's crown of thorns – The disgruntled bank clerk – Taking out the laundry: 2008 to the present – Summary

8. The expert interviews

Introduction – Background to the interviews – Interview conclusions: A question of semantics? – Low-level money laundering – The cost of regulation – Systematic money laundering – Summary

9. Casino susceptibilities revisited

Introduction – A review of casino susceptibilities – Weaknesses and strengths – Summary

10. Conclusions and implications

Introduction – Main conclusions – Future implications – Summary

References

Appendix