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Ladbrokes owner Entain is being investigated by Australian regulators for potentially failing to adhere to rules to prevent money laundering and terrorist financing.The FTSE 100 giant was slapped with a record £17million fine in the UK last month for social responsibility and anti-money laundering failures. Now the Australian financial crimes regulator has launched an investigation focusing on whether Entain has complied with its obligations under the country's anti-money laundering and counter-terrorism financing rules.  Probe: Entain said the investigation covers the period between July 2016 and June 2020It said it decided to launch the investigation after an 'extensive supervisory campaign that assessed entities within the corporate bookmakers sector', although it did not provide further details.Entain said it was cooperating with the investigation, which covers the period between July 2016 and June 2020.The news did not affect , which rose more than 1 per cent to £12.31 in morning trade on Monday. RELATED ARTICLES Share this article Share The probe comes less than a month after Entain was fined £17million by the UK's gambling regulator for 'completely unacceptable' failures in preventing money laundering and problem gambling.The Gambling Commission also warned the group it could lose its licence to operate if 'further serious breaches' were repeated.The 'serious' failures included conducting just one chat interaction with an online customer who spent extended periods gambling overnight during an 18-month period in which they deposited £230,845.  Entain's Ladbrokes and Coral businesses were hit with another £5.9million fine in 2019 for the same reasons, just before the group was bought by GVC and renamed Entain in 2020.Last month the betting giant announced it would pay out £100million to investors this year.It unveiled the mammoth sum after reporting half-year profits of £246.5million, up 20 per cent year-on-year, while revenues grew 18 per cent to £2.1billion.It was the first time since the onset of Covid-19 that the gambling group has paid a dividend.Data published in June from the Centre for Economics and Business Research for life insurance broker LifeSearch showed a quarter of gamblers had increased their habit over the previous 12 months, with just under a third of all Britons engaging in gambling. 

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BUY ALL WiTH BiG SALEs FOR ALL - v - CLiCK ON ALL PHOTOs NOW