Part III: Business & Regulation · Gaming Regulation & Compliance

Currency Transaction

AML/CFT

Any transaction involving physical currency, including but not limited to: cash deposits into front money accounts; cash payments on markers or other forms of credit; cash redemptions of chips or other gaming instruments; cashing of checks or other negotiable instruments; and currency exchanges. The definition of “currency” for BSA purposes includes coin and paper money of the United States or any other country that is designated as legal tender and circulates, but does not include checks, money orders, or other negotiable instruments. US currency transactions exceeding $10,000 in aggregate during a single gaming day trigger a CTR filing.

One entry from the Casino Industry Glossary — 1,157 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.