{"id":658121,"date":"2026-05-08T17:09:11","date_gmt":"2026-05-08T17:09:11","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/658121\/"},"modified":"2026-05-08T17:09:11","modified_gmt":"2026-05-08T17:09:11","slug":"news-australias-largest-gambling-firm-tabcorp-faces-money-laundering-probe-shares-plunge-28","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/658121\/","title":{"rendered":"NEWS: Australia\u2019s largest gambling firm Tabcorp faces money laundering probe, shares plunge 28%"},"content":{"rendered":"<p>By Sneha Kumar<\/p>\n<p>AUSTRALIA\u2019S biggest gambling firm \u200cTabcorp\u00a0has come under regulatory scrutiny over its anti-money laundering and counter-terrorism financing processes, triggering a 28% drop in its shares on Thursday in their worst intraday trade to date.<\/p>\n<p>Tabcorp said \u200bthat AUSTRAC (Australian Transaction Reports and Analysis Centre) had identified \u201cserious concerns\u201d over its \u200bability to identify, mitigate and manage money-laundering and terrorism-financing risks effectively.<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/au\/wp-content\/uploads\/2026\/01\/phone-tablet-desktop.png\" alt=\"AML Intelligence\"\/><br \/>\nSubscribe now to have unlimited access<\/p>\n<p class=\"amlpmp-content-message__description\">With our membership subscription, you will have unlimited access to the AML Intelligence site, updated daily with the latest analysis, opinion, and breaking news across the sector, newsletter delivered twice per week, access to our Global Bank Fines &amp; Penalties database, free access to Boardroom Series and more!<\/p>\n<p><a class=\"amlpmp-content-message__button amlpmp-content-message__button--primary\" href=\"https:\/\/www.amlintelligence.com\/membership-account\/membership-levels\" rel=\"nofollow noopener\" target=\"_blank\">View subscription options<\/a><a class=\"amlpmp-content-message__button amlpmp-content-message__button--transparent\" href=\"https:\/\/www.amlintelligence.com\/login\" rel=\"nofollow noopener\" target=\"_blank\">If you have an account, log in<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"By Sneha Kumar AUSTRALIA\u2019S biggest gambling firm \u200cTabcorp\u00a0has come under regulatory scrutiny over its anti-money laundering and counter-terrorism&hellip;\n","protected":false},"author":2,"featured_media":658122,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[64,18073,63,21944,44,189027],"class_list":["post-658121","post","type-post","status-publish","format-standard","has-post-thumbnail","category-australia","tag-au","tag-austrac","tag-australia","tag-gambling","tag-news","tag-tabcorp"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/658121","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=658121"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/658121\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/658122"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=658121"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=658121"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=658121"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}