|The Bush Administration is leaving no stone unturned in promoting its so called war against terror: there are suspects, or potential suspects, just about everywhere. Including Vegas and Vegas-style casinos. |
The Treasury Department will require casino operators to “file reports on suspicious financial transactions to the federal government as part of [the] effort to catch drug dealers, terrorists and others involved in money laundering,” reports the Associated Press. Although the terrorist threat is always stressed by the government as being of critical importance, this new requirement made on casinos will not take effect for another six months.
The rule will apply only to U.S. casinos with “gross annual revenues of more than $1 million.” These casinos will be required to file “suspicious activity reports” on any truncations or series of transactions of $5,000 or more, a Treasury Department spokesperson said. The Bush Administration therefore seems to be assuming that the great terrorist threat to us through casinos is nothing to be concerned about for another six months and that no terrorist would be interested in making any deal under $5,000 in a casino that rakes in less than a million a year.