British Columbia’s Plan to Strengthen Casino Compliance Won’t Correct Broad Problems, Say Former Officials

By Colby Adams

A plan by one of British Columbia's two casino regulators to improve anti-money laundering controls will do little to correct a conflict-of-interest in how the industry is overseen, say critics. In an Aug. 22 response to proposals by the Canadian province's Ministry of Public Safety and Solicitor General, the Gaming Policy and Enforcement Branch (GPEB) agreed to require the businesses to distinguish when the checks they give out don't stem from winnings, and to end the practice of considering gamblers who lose money as low-risk clients, among other changes. The ministry didn't specify when the new rules would take effect...