Part III: Business & Regulation · Gaming Regulation & Compliance

Front Money Account

AML/CFT

A deposit account maintained by a casino on behalf of a patron, into which the patron deposits funds (typically by cash, wire transfer, or check) before gambling. The patron can then draw on these funds to purchase chips, place bets, or pay for casino services. Front money accounts are attractive to money launderers because they can deposit illicit cash and later withdraw it in the form of a casino check, creating documentation that appears to represent legitimate gambling funds. Casinos must apply CDD and ongoing monitoring to front money account activity.

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.