In an effort to crack down against money laundering, the Gaming Policy and Enforcement Branch of the British Columbia government announced it will gradually phase out the use of cash at casinos.

Players will be allowed to cash in using certified checks or electronic transactions. Wins between $5,000 and $10,000 also will be paid out in checks. Casino staff will be trained to recognize money laundering and to work closely with authorities to identify and track potential launderers.

“A key objective is to transition toward greater use of electronic funds by making non-cash options more accessible and attractive to customers, while not discouraging legitimate play,” said a spokesman from the Ministry of Public Safety.

By GGB Staff

Staff writers for Global Gaming Business magazine. Las Vegas, Nevada.