Gambling-Related Money Laundering Via Malta Accounts For 60% Of Total EU Volume
The authors of a German study on money laundering around onling gambling in the EU have evaluated around 100 Italian investigations into illegal gambling in connection with money laundering over the last 25 years. They conclude that Italian mafia organizations laundered billions in illegally generated assets via online gambling in Malta between 2015 and 2022. Of the €6.7 billion in total assets seized in investigations, €4 billion alone came from online gambling investigations related to Malta. Wirecard also features prominently in these investigations.