The Alcohol and Gaming Fee of Ontario (AGCO) has fined Niagara’s Fallsview On line casino $70,000 for permitting a “high-risk” patron to change cash for playing chips in a possible cash laundering scheme.
The provincial playing watchdog says in April 2023, a patron carrying a reusable grocery bag went to the on line casino and entered the Salon Privé, described as an “unique excessive restrict gaming space” throughout the on line casino that gives “wagering as excessive as 5 figures.” Whereas there, the person exchanged $80,000 in strapped $100 payments for on line casino chips earlier than leaving the desk with out enjoying.
“Regardless of having beforehand recognized the participant as ‘excessive threat,’ the on line casino didn’t notify the AGCO and on-site police of this transaction as required,” the AGCO mentioned in a press release. “The on line casino operator additionally didn’t take any significant steps to determine and corroborate the patron’s supply of funds, as is required by anti-money laundering guidelines set out within the Registrar’s Requirements for Gaming.”
A spokesperson with Fallsview On line casino tells CityNews they “respectfully disagree” with the AGCO’s ruling and will likely be interesting the choice.