City News | Niagara’s Fallsview Casino fined $70K for anti-money laundering violations

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City News | Niagara’s Fallsview Casino fined $70K for anti-money laundering violations

News / January 24, 2024

In below article from City News, the Alcohol and Gaming Commission of Ontario (AGCO) has fined Niagara’s Fallsview Casino $70,000 for allowing a “high-risk” patron to exchange money for gambling chips in a potential money laundering scheme.

The provincial gambling watchdog says in April 2023, a patron carrying a reusable grocery bag went to the casino and entered the Salon Privé, described as an “exclusive high limit gaming area” within the casino that offers “wagering as high as five figures.” While there, the individual exchanged $80,000 in strapped $100 bills for casino chips before leaving the table without playing.....

Niagara's Fallsview Casino fined $70K for anti-money laundering violations (citynews.ca)

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