meta_id 3246180

On June 17, 2026, the Gibraltar Gambling Commissioner published the 2026 iteration of its Assessment of Money Laundering, Terrorist Financing and Proliferation Financing Risks within the Gambling Industry. This comprehensive risk assessment evaluates money laundering (ML), terrorist financing (TF), and proliferation financing (PF) vulnerabilities across all regulated gambling sectors in Gibraltar, informed by supervisory data, intelligence reports, and regulatory engagement. The assessment maintains existing overall risk ratings across different gambling sectors. Remote business-to-consumer (B2C) operators and land-based casinos are rated as higher risk; betting shops as medium risk; and remote business-to-business (B2B) operators, lotteries, and other sectors including bingo and gaming machines as low risk. The assessment notes that while the overall ML/TF risk profile remains unchanged, underlying risks continue to evolve. Recent supervisory engagement and the Gibraltar National Risk Assessment (2025) indicate increasing linkage between gambling activity and proceeds of fraud, particularly cyber-enabled fraud, alongside greater complexity from cross-border operations and reliance on automated control systems. The assessment identifies fraud, including cyber-enabled fraud, as the most prevalent predicate offence affecting Gibraltar, with illicit proceeds subsequently spent via online gambling platforms rather than through traditional money laundering methods. The document highlights emerging risks including cryptocurrency misuse, artificial intelligence-generated falsified documentation, sophisticated fraud typologies, and weaknesses in certain sanctions screening systems. The assessment incorporates regulatory learning points from recent enforcement activity, emphasizing enhanced due diligence application, risk profiling, suspicious activity reporting obligations, independent audit requirements, and effective governance of third-party screening providers. Licence Holders are expected to integrate these expectations into their own risk frameworks and controls. REFERENCES: Gibraltar Gambling Commissioner. (2026). Assessment of the Money Laundering, Terrorist Financing and Proliferation Financing Risks within the Gambling Industry in Gibraltar. Available at: https://www.gibraltar.gov.gi/new/remote-gambling