![]() ![]() Jim Lightbody, chief executive and president of BCLC, responded by thanking Mr. In a July, 2016, letter to the BCLC, the general manager of the province's Gaming Policy and Enforcement Branch, John Mazure, said the Crown corporation responsible for casinos "should contemplate not accepting funds where the source of those funds cannot be determined or verified … This approach could include, for example, a source of funds questionnaire and a threshold amount over which BCLC would require service providers to refuse to accept unsourced funds." "Because bank drafts cannot always be attributed to a specific individual's bank account, they can present similar risks to unsourced cash," the document states. Increased enforcement seemed to reduce the scale of suspicious cash transactions, worth tens of millions of dollars each year, but the reduction was offset by an increase in non-cash alternatives, such as bank drafts. casinos took in $137-million worth of $20 bills alone that were flagged as suspect. ![]() election, noted that the number of cash transactions that were deemed to be suspicious declined after reaching a peak in 2015. ![]() But a focus on cash transactions seemed to simply shift the problem, a series of briefing notes and internal reports obtained through Freedom of Information show.īriefing notes prepared early in 2017, before the B.C. ![]()
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