Part III: Business & Regulation · Gaming Regulation & Compliance

Money Laundering

AML/CFT

The process of disguising the illicit origin of proceeds derived from criminal activity to make them appear legitimate. Money laundering typically involves three stages: placement (introducing dirty money into the financial system), layering (creating complex transaction trails to obscure the source), and integration (returning the laundered funds to the criminal in a form that appears legitimate). Casinos are particularly vulnerable to money laundering due to their cash-intensive operations, high transaction volumes, and ability to convert cash into chips, checks, and wire transfers with minimal documentation.

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.