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Anti-Money Laundering in Casinos: A Safety Net Casinos are always at a risk of becoming a target of money laundering. Hence, we take a dive into security and vigilance mode of casinos to stay away from dirty money.
By Donna Amo
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s casinos handle copious amounts of money, security is any casino’s top priority. In places where huge amounts of cash are involved, criminal activity is just lurking around the corner. It then becomes the responsibility of casinos to put measures and
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guidelines to prevent these kinds of illicit activities from taking place. While there are various kinds of casinos crimes that can occur, money laundering is most often associated with casinos. Since casinos are a cash-based industry, it is not uncommon to 2021
see people come or leave with truckloads of money. However, this is precisely the kind of place that criminals look for when starting a money-laundering operation. Casinos are always at a risk of becoming a target of such activities, and hence, security and vigilance play an essential role.
