Bet365 and Sportsbet, the biggest bookmaker in Australia, were told to appoint external auditors to assess their compliance with the anti-money laundering and counter-terrorism financing laws as part of a separate direction from AUSTRAC in 2022.

The 180-day audit was charged with examining the compliance programs of each wagering business. The regulator said at the time it was putting the whole wagering industry “on notice”.

Entain’s AUSTRAC investigation followed a $29 million penalty it paid to the UK regulator, the UK Gambling Commission.

Bet365 declined to comment because the investigation is ongoing.

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