Compliance Risk and Diligence
Complying with anti-money laundering and anti-bribery and corruption regulations.Compliance Risk and Diligence
The May 2018 United States Supreme Court decision in Murphy v. NCAA opened the door to legalized sports betting. As a result, a multi-billion dollar untapped industry was unleashed, with countless brick and mortar venues and online gambling platforms seeking access to this market. As money continues to flood in, the industry will soon be potentially subject to various state and federal regulations.
Sports gambling organizations can better position themselves by taking a programmatic, risk-based approach and conduct screening and due diligence. Let our team advise you on automated pretransaction screening, regular post-onboarding monitoring and/or an information gathering vetting process in the brave new world of legalized sports betting.