Falmouth Institute - Casino Accounting, Auditing and Fraud

Compliance with most of the above regulations is centered on the casino verifying authenticity of the identity of the people gambling in their facility. Title 31, which is the most restrictive and demanding of these regulations, essentially requires casinos to manage customers the same way any bank or credit union must, including having both "Know Your Customer" and "Customer Identity Program If a casino or card club has a gross annual gaming revenue (GARA) more than $1,000,000, it is required to comply with Title 31 requirements. In other words, if casino or card club has a GARA less than $1,000,000, Title 31 compliance is not necessary; these casinos and card clubs are subject to another rule – Title 26. Empower the Chief Compliance Officer. The Nugget Casino investigation highlights the perils of undermining compliance leadership. Beyond the million-dollar penalty and the reputational damage, the casino’s failed compliance also forced the company’s former chief executive to resign from the Nevada Gaming Commission last February. These undesirable outcomes could have been avoided if the Morongo Casino to Launch Cashless Wagering Program Through Partnership with Marker Trax via Konami SYNKROS System Fall racing season concludes at Will Rogers Downs Commander, Fleet Activities Okinawa Celebrates Native American Heritage Winners Warehouse from Aristocrat Technologies, Inc. Brings Fan-Favorite Merchandise to Slot Players New Survey Shows People Opting Out of In-Person Holiday From monitoring casino transactions, recording financial activity to reporting suspicious activity, tribal gaming operations face a myriad of challenges. Join our expert and learn to navigate through the complex regulations as well as accounting and auditing procedures critical to the financial well-being of any gaming operation. You'll learn what the differences and similarities are between a Our team of International Consultants Casino Compliance has a vast wealth of experience from across the casino and gambling spectrum, with in-depth knowledge of gambling legislation, regulations, industry guidance, compliance, security, surveillance, operations, licensing, anti-money laundering, safer gambling, risk management, gaming analytics and project management. Andrew Yeom Acting Director Andrew joined the CCC on July 2015 as the Technology Auditor before quickly obtaining his promotion to Manager of the Division of Audit & Compliance. This Division was subsequently split into two Divisions: Division of Compliance, and the Division of Audit. Andrew was most recently an Executive in charge of the Gaming Division of the High1 Entertainment, an The IIA's Gaming Audit Group provides gaming professionals with access to winning strategies for efficient and effective internal controls. The group delivers valuable insight into guidance, controls, benchmarks, standards, and education. As a member of the Gaming Audit Group, you will stay informed on industry trends and best practices. The group provides the specialized information and Casino Compliance has a great deal of experience with new gambling operators and can greatly assist in the planning, analysis, licensing and project management phase of the business; providing a one-stop-shop for all your regulatory, infrastructure and governance needs. For more information about our services please contact us . Proud to be associated with: Serving the gambling industry with JOSEPH EVE specializes in accounting, audit, MICS compliance, internal audit, Title 31 compliance, and forensic audits for the casino & gaming industry.

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