https://www.reuters.com/markets/billionaire-investor-mark-mobius-says-he-cannot-take-money-out-china-fox-2023-03-05/
"I can't get an explanation of why they're doing this ... They're putting all kinds of barriers. They don't say: No, you can't get your money out. But they say: give us all the records from 20 years of how you made this money ... This is crazy."
Even if it wasn't all at once, you can only show up with duffle bags of cash so many times before people ask you to launder it properly.
yeah even a british bank will object to money laundering that obvious
Launder money the proper way through a casino smh.
come to Australia
Is that mostly the slots thing?
I'm actually talking less about that and simply on about the fact that any form of gambling is a simple and easy way to launder money with a reasonably assumable % win rate (especially on certain games) where the casino takes a cut for being the middle man of the laundering exchange. They do not care where the money comes from, and the money you get back from them is simply "won from gambling". Laundered perfectly fine.
there isn't even a loss percentage with the Aussie slots. you put the money in the machine, you take the money out without playing a game, and now your cash is gambling winnings.