Financial Crimes Enforcement Network Guidance: Recognizing Suspicious Activity - Red Flags for Casinos and Card Clubs, August 1, 2008 [open pdf - 85KB]
"This guidance is intended to assist casinos and card clubs with the reporting of suspected money laundering, terrorist financing and related financial crimes. This guidance contains examples of circumstances or 'red flags' - based on actual reports, the observations of examiners and the experience of law enforcement - that may indicate the presence of money laundering, terrorist financing, and related financial crimes. Casinos that are subject to the federal Bank Secrecy Act ('BSA') have an obligation to implement anti-money laundering programs that include procedures for detecting and reporting suspicious transactions. Casinos are required to implement risk-based anti-money laundering programs that assist with the identification and reporting of suspicious transactions, including employee training and written procedures on recognizing and addressing indicia of suspicious activity and vulnerabilities that may arise in the provision of particular products and services."
FinCEN Guidance FIN-2008-G007
Financial Crimes Enforcement Network: http://www.fincen.gov