Harmonised Anti-Money Laundering Rules for Online Gambling


[author: Alasdair Muller]

On 11 March 2014, the European Parliament adopted the Fourth Anti-Money Laundering Directive (Directive). The updated rules mean that all gambling services (both physical and electronic) will be subject to EU-wide regulation, whereas previously only casinos had been included within the scope of the legislation.

Gambling operators must now apply due diligence measures to customers who carry out transactions of €2,000 or more (whether the transaction is carried out in one go or a series of bets that appear to be linked). Member States have the option to apply this threshold to a gambler’s winnings as well as to their stakes.

Member States (with the approval of the European Commission) may grant exemptions to the due diligence requirements for “low risk” transactions. However, such exceptions will be rare and must be supported by clear evidence. Member States must also ensure that managers and beneficial owners of gambling operators are fit and proper persons, with the ability to protect the provider from being misused for criminal purposes. In addition, regulators will have increased supervisory powers, including the possibility to conduct on-site inspections.


DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© DLA Piper | Attorney Advertising

Written by:


DLA Piper on:

JD Supra Readers' Choice 2016 Awards
Reporters on Deadline

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:

Sign up to create your digest using LinkedIn*

*By using the service, you signify your acceptance of JD Supra's Privacy Policy.

Already signed up? Log in here

*With LinkedIn, you don't need to create a separate login to manage your free JD Supra account, and we can make suggestions based on your needs and interests. We will not post anything on LinkedIn in your name. Or, sign up using your email address.