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Australia's Authorities are expanding money laundering probe into casinos

Australia is expanding an investigation into casinos over a potential breach of money laundering laws.

Owners of the main casinos in Australia's five biggest cities are now under formal investigation. National Australia Bank (NAB) and casino operators Crown Resorts, Star Entertainment Group and SkyCity Entertainment Group have all been included.

AGEM INDEX MAY 2021

The AGEM Index has trended positively for seven consecutive months and has reached its highest mark ever recorded. Additionally, the AGEM Index was up 213.5 percent from the March 2020 low point at the outset of the COVID-19 pandemic.