Category: online casino poker

Normandie Casino Pleads Guilty to Violating Federal Anti-Money Laundering Law

Normandie Casino Pleads Guilty to Violating Federal Anti-Money Laundering Law

Normandie Casino in Gardena, Ca agreed on Friday to plead bad to breaking the federal Bank Secrecy Act and failing woefully to report big transactions of money that occurred in 2013 to federal authorities.

Under its plea contract with prosecutors, the gambling place will have to pay $1 million in federal fines and to forfeit the total amount of $1.4 million, which it received in 2013 after it had didn’t submit Currency Transaction Reports as required by federal laws.

Normandie Casino officials also admitted that the anti-money laundering measures at the venue have already been quite poor. Under federal rules, gambling halls are required to record important information that is personal about customers that cash out winnings greater than $10,000.

It would appear that casino employees have actually helped players that are wealthy separating bigger profits into smaller amounts or by writing ‘independent gaming promoters’ on reports to the U.S. Treasury as opposed to the said players’ actual names.

Normandie Casino was also accused of neglecting to monitor correctly big money deals that has been considered attempts for cash laundering. As an example, the venue would not record the information that is necessary a gambling consumer who collected a lot more than $1 million in winnings within the span of six weeks.

Commenting on the case, Mark Werksman, lawyer for the casino, stated that it has cooperated with investigators to enable that it is fixed quickly and in a confident way and for the casino to be able to help keep on operating its company. (more…)

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Trial Date Set for Seminole Casino Lawsuit a judge that is federal set

Trial Date Set for Seminole Casino Lawsuit a judge that is federal set an official date for the beginning of a two-week trial which will see whether the Seminole Tribe of Florida can continue providing blackjack along with other banked games at its gambling enterprises round the state.

Last week, U.S. District Judge Robert L. Hinkle dismissed a demand from Florida Attorney General Pam Bondi to get rid of the case and announced a romantic date for the trial earlier this week.

The dispute that is legal the tribe plus the state of Florida stems from a five-year gambling lightweight the involved parties signed in 2010. The seminole Tribe was given the exclusive right to provide blackjack and several other banked card games at venues around the state as part of the agreement. The lightweight expired into the summer time of 2015 additionally the Seminoles had 90 more days to quit offering the games.

In October, tribal officials filed a lawsuit in A tallahassee federal court, arguing that hawaii had negotiated a prospective new gambling deal in ‘bad faith’ and asking the federal judge to allow the tribe to help keep on offering blackjack at its gambling enterprises. Their state then filed its very own lawsuit in Tampa, claiming that the casinos should not offer banked card games.

All states need to negotiate the terms of gambling compacts with tribes in good faith under the Indian Gaming Regulatory Act. Florida officials, but, argued that the federal legislation only is applicable when initial agreements are negotiated. (more…)

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