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U.S. Sanctions Hit Grupo Hysa as Mexico Shuts 13 Casinos in Cross-Border Laundering Crackdown

FinCEN’s Section 311 proposal would cut the named gambling venues off from U.S. correspondent banking.

Overview

  • OFAC designated 27 people and entities tied to Grupo Hysa for laundering in support of the Sinaloa Cartel, triggering asset blocks and prohibitions for U.S. persons.
  • Mexico’s finance intelligence units filed criminal and fiscal complaints, suspended 13 casinos, blocked online platforms, and froze linked accounts after months of financial analysis.
  • FinCEN identified 10 casinos as of primary money-laundering concern, including Emine, Mirage, multiple Midas locations, Palermo and Skampa sites in Sonora, Sinaloa, Baja California and Tabasco.
  • Officials outlined a six-step scheme using stolen identities, prepaid instruments, simulated gambling wins and rapid transfers to Malta, Switzerland, Romania, the UAE and Panama to disguise illicit funds.
  • Authorities signaled tighter oversight of digital betting with enhanced monitoring tools, while some operators publicly referenced in media statements deny wrongdoing.