Casino B receives $15,000 in currency from a customer in payment for accommodations provided to that customer at Casino B's hotel. Casino A receives $15,000 in currency from a customer with respect to a gaming transaction which the casino reports to the Treasury Department under §§ 1010.306, 1021.311, and 1021.313. C is a casino with gross annual gaming revenue of less than $1,000,000. A casino shall make all supporting documentation available to FinCEN or any Federal, State, or local law enforcement agency, or any Federal regulatory authority that examines the casino for compliance with the Bank Secrecy Act, or any State regulatory authority administering a State law that requires the casino to comply with the Bank Secrecy Act or otherwise authorizes the State authority to ensure that the casino complies with the Bank Secrecy Act, or any tribal regulatory authority administering a tribal law that requires the casino to comply with the Bank Secrecy Act or otherwise authorizes the tribal regulatory authority to ensure that the casino complies with the Bank Secrecy Act, upon request.Ī and B are casinos having gross annual gaming revenue in excess of $1,000,000. Supporting documentation shall be identified as such and maintained by the casino, and shall be deemed to have been filed with the SAR. A casino shall maintain a copy of any SAR filed and the original or business record equivalent of any supporting documentation for a period of five years from the date of filing the SAR. Summons or subpoena of foreign bank records termination of correspondent relationship. Prohibition on correspondent accounts for foreign shell banks records concerning owners of foreign banks and agents for service of legal process. Special Standards of Diligence Prohibitions and Special Measures for Casinos and Card Clubsĭue diligence programs for correspondent accounts for foreign financial institutions.ĭue diligence programs for private banking accounts. Voluntary information sharing among financial institutions. Special information sharing procedures to deter money laundering and terrorist activity for casinos and card clubs.

Special Information Sharing Procedures To Deter Money Laundering and Terrorist Activity for Casinos and Card Clubs Records Required To Be Maintained By Casinos and Card ClubsĪdditional records to be made and retained by casinos. Reports by casinos of suspicious transactions.Įxceptions to the reporting requirements of 31 U.S.C. Reports Required To Be Made By Casinos and Card Clubs Anti-money laundering program requirements for casinos.

Accounting for casinos and gaming pdf