A St. Julian’s casino has failed to report potentially suspicious activity by players with allegations of trafficking, bribery and tax evasion, resulting in a fine of €233,000.

Malta’s anti-money laundering watchdog, the FIAU, announced that it fined Casino Malta, which is run by Eden Leisure Gaming, for failing to prevent financial crime.

The suspicious activities include allowing a man to gamble large amounts of money while facing drug trafficking charges and a freezing order.

A CEO was also allowed to drop €1 million in cash, obtained from eight different bank accounts, without doing sufficient due diligence on where the player got his wealth.

In another case, a formerly politically exposed person was allowed to bet a considerable amount of cash despite allegations of bribery and tax evasion.

A student with links to China was also permitted to play with €200,000 in cash, losing €80,000 in a year.

The FIAU said it was not given adequate evidence that the casino was questioning the source of these funds.

What do you make of the fine?