Restrictions on ATM withdrawals and money transfers will be introduced in Turkey as part of the country’s efforts to combat illegal gambling
Individuals who tend to withdraw the maximum amount of money allowed per day from ATMs will have their bank accounts under scrutiny. A BDDK (the Turkish Banking Regulation and Supervision Agency – Bankacılık Düzenleme ve Denetleme Kurumu) spokesperson has explained that there are more than 5 million people in Turkey who engage in illegal gambling activities and they usually withdraw money from ATMs to gamble.
The Turkish government would embark on a two-year purging mission in hopes to restrict the reach and scope of illegal gambling operations, including ones targeting players via the Internet. (READ SO: TURKISH GOVERNMENT AND THE HARD HAND TO CONTROL THE ONLINE INDUSTRY)
Fight that has started and carried out massive raids in more than 6,000 restaurants and cafés around the country in a bid to discover illegal gambling operations.
Despites all this, is important to highlight that Turkey had a very profitable casino industry, but land-based casinos were eventually banned due to concerns that these were targeted by criminals for money laundering.
