Record Suspicious Activity in Ontario Casinos: The Need for Active AML Compliance Beyond Reporting

An interesting read about the record volumes of suspicious activity observed in Ontario Casinos -

Cal Chrustie, a former RCMP investigator that dealt with complex cases involving money laundering and transnational crime, said "it’s not good enough to simply rely on the police to receive suspicious transaction reports and wash your hands after that."

I could not agree more. Turnstile compliance is not what regulators are interested in and not what potential clients are looking to be involved in. It is on organizations to be involved in the AML process, and more importantly, for there to be buy-in from the organization's employees. From key decision makers to those who deal with the clients, everyone needs to be involved in the AML process, be aware of risk indicators and communicate effectively with regulators.

If you're looking for more information about this, I'd suggest reading this article from Casino.org - which goes into details about the record volumes of suspicious activity observed in Ontario Casinos.


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"Ontario Auditor General Bonnie Lysyk says the province must do more to crack down on money laundering. During her 2022 review of the OLG, Lysyk recommended that provincial lawmakers require casinos to “obtain proof of source of funds at buy-in for cash and cash-equivalent transactions for amounts of CA$10,0000 (US$7,450) or more.”"

Is your organization doing enough to combat money laundering? Platino Consulting specializes in helping casinos and other high-risk industries implement comprehensive AML programs that go beyond reporting, ensuring true regulatory compliance and internal accountability. We provide training, risk assessments, and strategic guidance to foster organization-wide engagement in the fight against financial crime.

Contact us today to strengthen your AML compliance and protect your business from regulatory scrutiny.