The event will take place from September 30 to October 2 with the collaboration of the National Lottery of Beneficence of El Salvador.
El Salvador.- The Ibero-American Corporation of State Lotteries and Betting (Cibelae) announced that registration is now open for the sessions on "Official gaming: anti-money laundering prevention and innovation", which will be held in collaboration with the National Lottery of Beneficence of El Salvador (LNB) from September 30 to October 2, 2024 at the Sheraton Presidente San Salvador Hotel, in the Salvadoran capital.
From Cibelae, it was explained that "this top-level event will bring together international experts from the lottery and state betting sector, who will address the challenges and opportunities posed by the current regulated gaming landscape, exchanging experiences and ideas".
In this regard, they detailed that participants will be able to learn about the latest trends in technological innovation, as well as the best practices for preventing money laundering in the sector. Additionally, lotteries and regional suppliers will present solutions and success stories linked to different innovation approaches.
"The Cibelae Sessions in San Salvador will be an excellent opportunity to strengthen our networks, discuss topics of common interest and, above all, seek innovative solutions together for the challenges we will face," declared Javier Milián, president of the LNB and president of Cibelae.
He added: "In addition to the conference sessions and workshops we have prepared a series of activities that will allow them to enjoy the rich culture and hospitality of El Salvador. We want this congress to be not only productive but also a memorable experience for everyone."
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Senator Gatchalian said money laundering was “one of the biggest crimes committed” by raided offshore gaming operators.
The Philippines.- Senator Win Gatchalian has said he wants to file a resolution to investigate the alleged failure of banks to identify suspicious financial activities related to offshore gaming operators tied to criminal activities. He said companies owned by Guo Hua Ping (Alice Guo, the suspended mayor of Bamban, Tarlac) moved hundreds of millions of pesos.
The senator suggested that the Guo family’s businesses, such as QJJ Farms and QJJ Embroidery, were likely used as fronts for laundering money to finance the construction of the offshore gaming hub, which reportedly cost over PHP6bn. He said: “Money laundering is one of the biggest crimes committed in the offshore gaming operators that were raided.”
