August 25, 2008

Important Reminder: Revised CTR Form for Casinos and Card Clubs Effective September 1, 2008.
Effective September 1, 2008, casinos and card clubs are required to file Currency Transaction Reports using a revised form. FinCEN announced in April that it was revising FinCEN Form 103, the Currency Transaction Report for Casinos and Card Clubs [...]

Washington, DC, August 20, 2008 —  The Metlakatla Indian Community of Metlakatla, Alaska, today withdrew its appeal of National Indian Gaming Commission (NIGC or Commission) Chairman Phil Hogen’s disapproval of the Tribe’s May 28, 2008, Gaming Ordinance amendment, which specified the means by which the Class II game of bingo could be played on interconnected [...]

Washington, DC August 19, 2008 — National Indian Gaming Commission (NIGC) Chairman Philip N. Hogen announced yesterday that the agency is extending the time period for comments on what constitutes “the sole proprietary interest” under the Indian Gaming Regulatory Act (IGRA). In a June 13, 2008, letter to tribal leaders, Chairman Hogen had [...]

Financial Crimes Enforcement Network
Guidance

FIN-2008-G007
Issued: August 1, 2008
Subject: Recognizing Suspicious Activity – Red Flags for Casinos and Card Clubs

This guidance is intended to assist casinos and card clubs1 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 [...]