Presence of casinos in Macau leads to major money laundering

Macau, a city known for its many casinos and large gambling industry, is now attracting money laundering in rates much higher than the rest of the world. According to this article by the South China Morning Post, “The significance of… gaming in Macau drives the significance of money laundering in the local marketplace.” Big casino industry in cities offers an enticing opportunity for those looking to launder money, another example of crime that follows casinos.

2014 Money laundering huge in Macau

LesPresence of casinos in Macau leads to major money laundering