Money laundering a concern for casinos
By J.D. Morris, Las Vegas Sun
Monitoring casino floors for potential money-laundering is a full-time job for the American gaming industry.
Casinos, like banks and other institutions that deal with a lot of money, are required by law to vigilantly look out for financial transactions that may be illegal. And a first of its kind report from the industry’s Washington, D.C.-based trade association sheds light on the best methods casinos can employ to do that.
The report comes as the industry is under substantial pressure to make sure its anti-money laundering tactics are airtight.