Compliance officers from casinos on the Las Vegas Strip said Nevada’s new anti-money-laundering regulations will cost casinos revenue, but they’re more focused than ever on enhancing customer oversight of source of funds. The compliance officers spoke Wednesday at a gaming conference at Circa Las Vegas hosted by the Nevada Society of Certified Public Accountants.
The speakers included Stephen Martino, vice president and chief compliance officer at MGM Resorts International; Eric Akiyama, Banking Secrecy ACT and AML officer at Wynn Resorts; Brittany Morales, director of internal audit at Fontainebleau Las Vegas; and Kim Barley, director of National Gaming & Hospitality Group. Daniel Holmes, a partner and gaming services practice leader for Rubin Brown moderated the panel.
Compliance has been in the news since the Nevada Gaming Control Board and Nevada Gaming Commission signed off on new regulations in April…