The U.S. Department of Treasury’s Financial Crimes Enforcement Network (FinCEN), as many of you are aware, has increased its interest in the gaming industry’s compliance with federal anti-money laundering laws, which ensure the integrity of gaming and keep illicit funds out of our nation’s casinos.

A working group of AGA members and staff met with FinCEN last week to discuss the group’s proposed Bank Secrecy Act (BSA) best practices; our industry’s commitment to a culture of compliance; and FinCEN’s expectations of the gaming industry.

AGA is dedicated to strengthening the gaming industry’s relationship with FinCEN and supporting their critical goal of protecting the United States. With our industry partners, we are also helping FinCEN to better understand the nuances of the gaming business and our commitment to compliance.

Join the Conversation

AGA’s Director of Gaming Policy Elizabeth Cronan convenes an AGA member task force that focuses on BSA issues monthly and distributes communications to members weekly on this and other fiscal-related matters. To join the task force, please contact Elizabeth directly. To join the email distribution list, please email us expressing your interest to opt-in.

If your organization is not currently represented through participation in this task force, we’d encourage you to consider joining. Our industry is better equipped to make progress on gaming issues when we work together.

Please do not hesitate to share your thoughts and feedback with me. We will keep you apprised of continued progress on this and other important issues.