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Gov't to obligate casino operators to report Y1 mil chip exchange

8 Comments

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8 Comments
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Obligate is that the new urge? The government has paid so many people to have meetings for years. And now we are getting a plethora of hazy laws that seem excessively complex and unenforceable. It just does not seem it's actually worth it.

4 ( +4 / -0 )

He's he's right there's absolutely no way that these laws could be skirted or have loopholes

3 ( +3 / -0 )

One of the main places for money laundering is casinos. That’s why they have them. You can’t stop it. The only way is not to have them.

2 ( +2 / -0 )

Organised crime being fought by disorganised law makers.

4 ( +4 / -0 )

The crooks will have to be content with changing Y999999 multiple times, instead. That will teach them.

5 ( +5 / -0 )

¥999999 exactly. As with the can only visit this "Resort" so many times, what/who are these government panels. People who's reality is based on a concept of that that differs from day to day public relations.? It's a disaster that's future is disasterous.

3 ( +3 / -0 )

Banks etc in the US are ‘obligated’ to report exchange of $10,000 or more or face some serious legal problems. Everyone who doesn’t want the gov’t in their business exchanges $9,900.

The same will happen in the casinos, except the casinos won’t face ‘serious legal problems.’ The owners/operators will be forced to bow and apologize on camera before continuing business as usual.

3 ( +3 / -0 )

Toothless regulations to prevent money laundering.

Actually in Singapore it is over SGD 5,000.

although they are more than happy to take your money with no questions asked.

3 ( +3 / -0 )

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