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8 million people, Lithuania reportedly signed a cooperation agreement earlier this year that is to see it move towards fully ratifying the European Union’s anti-match-fixing Macolin Convention.Distinct divisions:Finally, it was reported that the fresh Lithuanian directives furthermore mandate that all foreign iGaming and lottery customers be categorized according to a number of criteria including the nature, size and extent of their monetary transactions. Marie, St....

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The source detailed that the guidelines moreover outline what factors such sectors should be considering when assessing business relationships and monetary transactions so as to help stamp out the threats posed by money laundering.Under the terms of the ten-year partnership agreement, online sports betting and igaming will be launched alongside the Midwestern state’s first regulated online gambling operators in November 2020, barring any regulatory setbacks.Brand power:In a company press release, Chief Commercial Officer for GAN, Jeffrey B....

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Additional factors purportedly encompass the types of services purchased and whether a client has ever presented a suspicious or fraudulent document or taken actions to avoid registering or identifying the source of their funds. All information provided by the client must be confidential and carefully protected in accordance with the law and the company’s procedures. Additional factors purportedly encompass the types of services purchased and whether a client has ever presented a suspicious or fraudulent document or taken actions to avoid registering or identifying the source of their funds....

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