4 Tribal gaming establishments that offer slot machines, video lottery terminals, or table games, 5 and that have gross annual gaming revenue in excess of $1 million are covered by the definitions. The definition applies to both land-based and riverboat operations licensed or authorized under the laws of a state, territory, 3 or tribal jurisdiction, or under the Indian Gaming Regulatory Act. Question 1: What gaming institutions are subject to the BSA casino regulatory requirements?Īnswer 1: A casino or a card club that is duly licensed or authorized to do business as such, and has gross annual gaming revenue in excess of $1 million, is a 'financial institution' under the BSA. § 103.11 Casino and Card Club Definitions 2
This document provides guidance interpreting the requirements of the Bank Secrecy Act ('BSA') regulations 1 as they apply to the casino and card club industries in the United States.
