In a recent market filing, Australian gambling company Tabcorp Holdings Limited disclosed that the Australian Transaction Reports and Analysis Centre (“AUSTRAC”), Australia’s financial intelligence agency, launched an enforcement investigation into the company’s Anti-Money Laundering/Anti-Terrorism Financing (“AML/CTF”) program and its ability to effectively monitor customers in accordance with the AML/CTF Act.
According to the AUSTRAC Compliance Assessment, which was filed with the Australian Securities Exchange on May 6, 2026, AUSTRAC was in the early stages of its investigation and will determine how to proceed after sufficient evidence is collected and assessed. AUSTRAC also indicated that it was considering all potential outcomes, including the possibility that no further action will be taken against Tabcorp.
Tabcorp Chairman Brett Chenowith and Tabcorp’s Managing Director and CEO Gillon McLachlan also issued statements confirming that the company takes its AML/CTF obligations very seriously and is committed to working with AUSTRAC to uplift the company’s risk capability.