Part III: Business & Regulation · Gaming Regulation & Compliance

Financial Crimes Enforcement Network (FinCEN)

AML/CFTVERIFIED

The US Treasury Department bureau that serves as the primary federal regulator for AML compliance in casinos. FinCEN administers the BSA, receives CTR and SAR filings, issues guidance and regulations, and has authority to impose civil money penalties for AML violations. FinCEN has significantly increased its enforcement activity against casinos in recent years, with major penalties imposed for systemic AML program failures.

One entry from the Casino Industry Glossary, 1,090 terms written for surveillance, compliance and operations professionals rather than for players. Definitions describe industry usage; where a term carries a regulatory meaning, verify against the instrument that governs your jurisdiction.