The provincial agency regulating gaming in Ontario has fined the owner of Fallsview Casino and Resort in Niagara Falls, Ont., for allegedly failing to minimize the risk of money laundering.
The registrar of the Alcohol and Gaming Commission of Ontario (AGCO) issued a penalty of $70,000 to MGE Niagara Entertainment Inc., which owns the casino, it said in a statement Wednesday.
The regulator says that in April, a casino patron brought in $80,000 in strapped $100 bills from a reusable grocery bag. “Surveillance showed that once the money was counted and confirmed, the patron left the table with casino chips without playing at that time.”
The AGCO
