Part III: Business & Regulation · Gaming Regulation & Compliance

Simplified Due Diligence (SDD)

AML/CFT

A reduced level of customer due diligence applied to customers who present a low risk of money laundering or terrorist financing. SDD may be applied to regular customers with no apparent risk factors, such as local residents with consistent play patterns, low transaction volumes, and verifiable sources of income. However, the decision to apply SDD must itself be documented and justified as part of the casino’s risk-based approach, and customers must be re-evaluated if their risk profile changes.

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.