Coquitlam Casino received a total of CA$2.5 million from gambling customers in cash transactions of CA$10,000 or more, respectively, according to TriCity News.
But as a result of the discovery of scandals over large cash transactions at British Columbia casinos and subsequent investigations, local authorities imposed stricter reporting rules in January 2018. Under the rules, top players who want to gamble more than 10,000 Canadian dollars are now required to provide evidence documenting the source of their money. If they can’t do that, their cash transactions are rejected.
Nevertheless, the number of large cash transactions was relatively small, especially when compared to what Richmond’s River Rock casino took. The latter proved to have received more than C$13.5 million in cash in the month of 2015. In addition, Hard Rock Casino continued to receive big money transactions in 2016/2017 for unknown sources of money.
Currently, casinos are obliged to provide BCLC (BCLC) and Pintrack with reports of cash transactions of more than CA$10,000 to conduct background checks on casino customers.
The suspicious deals made by customers at Coquitlam Casino are also
The above information on money transactions was included in a report submitted to the Gaming Policy and Executive Compliance Division (GPEB), and documents cited by TriCity News covered the period from January 2015 to May 2018.
Information revealed in the report showed that suspicious cash transactions amounted to about C$57,000 in 2015, soaring to C$1.48 million in 2016. In 2017, suspicious cash transactions totaled CA$1,051,000.
As revealed in the document cited above, a cash purchase of C$70,020 in C$20 notes was made on January 7, 2016 at the upper limit table. Subsequently, transactions were activated with the addition of C$2,000 in C$20 notes. As well as other customers who brought suitcases filled with literally 100 Canadian dollar bills, there were customers who made big cash bets because their jobs were far from the size of the deal.바카라사이트
According to the report, the largest cash purchase is a cash transaction of C$81,000 in a room with a large limit, handed over in C$100 notes.
The investigation found no sign of calling in local police to confirm a large cash transaction at the BC casino. The source of the money that senior employees bet on is still unknown. Instead, sometimes casino employees intervened and refused to allow certain players to play in the casino. According to the document, five cases were recorded in which individuals attempted to cash in at least or without pay. There was also one suspected case of money laundering confirmed on the slot machine.