Resorts World Sentosa fined RM7.83mil for failing to check on deposits to patrons’ accounts

The Gambling Regulatory Authority found that RWS had failed to perform due diligence checks for certain transactions between Dec 2016 and Dec 2019. - PHOTO: ST FILE

SINGAPORE: The Gambling Regulatory Authority (GRA) has fined Resorts World Sentosa (RWS) a total of $2.25 million (RM7.83 million) for failing to perform due diligence checks on deposits into patrons’ accounts.

These checks are required under the Casino Control Act and the Casino Control (Prevention of Money Laundering and Terrorism Financing) Regulations, the GRA said on Dec 8.