Moving forward, though, the FATF would not consider Cambodia a high-risk jurisdiction, albeit the country will most certainly have to maintain its unfaltering commitment towards cracking down on illegal gambling and eliminating any doubt that it may be allowing human trafficking to happen on its watch.

Cambodia Finally Makes It Off the FATF’s List

Both Cambodia and Morocco have been removed from the list, with the FATF citing the two countries’ sustained efforts in improving AML and CFT regulation and enforcing rules. In a statement published on Friday during a plenary meeting, the regulator said:

Each country has addressed its technical deficiencies to meet the commitments of its action plan on strategic deficiencies that the FATF identified in February 2019 and 2021 respectively.

FATF…

In the Netherlands and state-owned casino operator Holland Casino has released its financial results for 2020 showing that it experienced a loss of €80.7 million ($97 million) owing to restrictions associated with the ongoing coronavirus pandemic.

The firm used an official Tuesday press release to detail that this figure represented a drop of 190% year-on-year as its gross income for the twelve months to the end of December fell by 54% to only €333 million ($400.5 million). The operator moreover explained that its 14 venues were free from coronavirus-related closures and constraints for just 71 days last year and saw aggregated visitations decline by 60% to 2.5 million.

First finish:

Holland Casino pronounced that it suffered in 2020 as its properties were closed for an almost 16-week period from March 13 owing to the initial appearance of the coronavirus pandemic in the Netherlands. It disclosed that the subsequent re-opening of these venues brought with it a …

Provider of integrated entertainment, sports content and casino gaming, PENN Entertainment, announced the creation of a military scholarship as part of its ongoing commitment to supporting veterans and military students on active duties.

Support for Military Students

The creation of PENN Entertainment Military Scholarship at Penn State Berks in Berks County where PENN Entertainment is headquartered will be endowed through a multi-year $50,000 commitment aimed at helping student veterans and active-duty military students achieve their educational goals.

Commenting on the announcement, PENN Entertainment’s senior vice president of Public Affairs and chairman of the ESG Committee, Eric Schippers, hailed the partnership with Penn State Berks for the scholarship that will further strengthen the company’s support for the military and its local community.

“PENN is passionate about hono…