AUSTRAC assesses the overall money laundering and terrorism financing (ML/TF) risk associated with the junket tour operations sector to be high. This rating is based on assessments of the criminal threat environment, the vulnerabilities present in the sector and the consequences associated with the criminal threats.
Not all junket tour operations are the same, and the level of risk associated with each operation varies depending on many factors, including but not limited to the domicile of junket tour operators (JTOs) and players, and the effectiveness of the risk mitigation systems applied by casinos.
This assessment draws upon a range of information and intelligence held by Australian government agencies. While efforts have been made to convey the classified findings for a public audience where the intelligence has been classified as sensitive, some of the information relied upon to support AUSTRAC’s conclusions cannot be released publicly.