WHAT IS AML?
Anti-Money Laundering (AML) laws in Australia are governed by the Anti-Money Laundering and Counter-Terrorism Financing Act 2006 (Cth). The purpose of this legislation is to prevent the use of regulated businesses for money laundering and terrorism financing activities.
SkyCity Adelaide Pty Ltd, as a licensed casino operator in South Australia, is subject to the requirements of the AML/CTF Act and is responsible for compliance with applicable regulatory obligations.
The website goldenbetzonehotel.com is operated by GLOBAL ALLIANCE LTD as an authorized branded digital platform. This website does not operate gambling activities and does not perform AML or customer due diligence processes.
THE AML/CTF ACT
The AML/CTF Act places certain obligations on licensed casino operators, including:
- requirements to identify and verify customers;
- requirements to conduct ongoing customer due diligence;
- requirements to monitor certain transactions and, where applicable, identify the source of funds or source of wealth.
These obligations are administered exclusively by the licensed casino operator at the SkyCity Adelaide venue in accordance with Australian law.
KNOWING OUR CUSTOMERS
Customer identification and verification processes are conducted by the licensed casino operator at the SkyCity Adelaide venue. These processes may vary depending on the nature of the interaction between a customer and the venue and the applicable regulatory requirements.
The website goldenbetzonehotel.com does not collect customer identification information, does not maintain customer accounts, and does not participate in any customer verification activities.
WHEN DO YOU NEED TO VERIFY MY IDENTITY?
Under Australian AML legislation, identity verification requirements apply to certain activities conducted at licensed casino venues, such as regulated transactions or participation in on-site gaming services.
All identity verification processes are handled directly by the licensed casino operator at the SkyCity Adelaide venue. This website does not verify identities or request identification documents.
HOW DO YOU VERIFY MY IDENTITY?
Acceptable identification documents and verification procedures are determined and administered by the licensed casino operator in accordance with applicable laws and regulatory standards.
For information regarding identity verification requirements, visitors should refer to the official SkyCity Adelaide website or contact the venue directly.
WHY DO YOU NEED TO KNOW MY SOURCE OF WEALTH?
In certain circumstances, Australian AML legislation requires licensed casino operators to take reasonable steps to understand the source of funds or source of wealth of customers engaging in regulated activities at the venue.
Any such assessments are conducted exclusively by the licensed casino operator. The website goldenbetzonehotel.com does not request, collect, or assess information relating to source of funds or source of wealth.
WHAT SORT OF INFORMATION MIGHT BE REQUIRED?
Where required by law, the licensed casino operator may request documentation to support source of funds or source of wealth assessments. The nature of such documentation depends on the individual circumstances and applicable regulatory requirements.
This website does not request documentation, does not collect financial information, and does not participate in any AML or KYC procedures.
This information is provided to explain the general AML framework applicable to licensed casino venues in South Australia. For official AML-related information or enquiries, please refer to the SkyCity Adelaide website or contact the venue directly.