Your favorite casino is more than a place for entertainment. It is regarded by the US government as a “financial institution,” and therefore it is required, under the “Bank Secrecy Act,” to report certain transactions to the US Department of the Treasury through Financial Crimes Enforcement Network (FinCEN). So, what is the casino telling the government?
Readers of this column know TheInveterateGambler has been bouncing around the casinos of Atlantic City for decades. It was with this in mind that recent news of another “ownership” change to the Revel/Ocean Resort Property spurred a fantasy of what he would do to “tweak” the Ocean Resort Casino Atlantic City.
Friends and family know that I have been visiting Atlantic City for decades and they often ask me for advice about various aspects of a visit to the city. When they inquire about a place to enjoy a great meal, perhaps for a special occasion, I generally suggest that they leave the confines of the casino and visit one of the local family owned spots.