The Lawyer's Daily: Money laundering, gambling in e-sports M&A: Costs of non-compliance

The e-sports industry is on track to surpass $1 billion in revenue this year. Investors looking to engage in mergers and acquisitions (M&A) activity in the industry are expected to be aware of the obligations, risks and challenges faced by its participants and what to focus on when assessing the viability of a transaction. The penalties for non-compliance with the relevant Anti-Money Laundering, anti-gambling or tax laws can be quite severe.

Read the full article here: https://www.nortonrosefulbright.com/en/news/91df5d6c/the-lawyers-daily-money-laundering-gambling-in-e-sports-ma-costs-of-non-compliance