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Ontario Authorities Launch Money Laundering Task Force as Casinos Reopen

The Alcohol and Gaming Commission of Ontario (AGCO) has established a task group to monitor cash transactions in casinos. The move comes a year after both casino disbursement and large cash transaction reports in Canada showed significant and virtually similar drops.

The Alcohol and Gaming Fee of Ontario (AGCO) has formed a job pressure to monitor money transactions in casinos. The move comes a year after Canadian monetary authorities reported significant and nearly identical drops in both online casino payouts and large money transaction tales.

According to a report by Global News in April, the number of questionable cash transactions in Ontario casinos has increased dramatically in recent years. In 2015, only 134 such inquiries were reported. The following two years saw a total of over 1,900. There were 2,266 cases in 2018, with officials predicting a similar number in 2019.

Gateway Casinos and Entertainment’s 11 casinos reopened on Friday as well. The casinos in London, Woodstock, and Innisfil, which are all open 24 hours a day, reopened early Friday morning after the stroke of midnight. The rest of the stores opened later in the day.

The one and only Gateway casino in Ontario which is still open is Casino Rama. The resort near Lake Simcoe, which is 70 miles north of Toronto, will restart on July 29th, according to the corporation.

Casino Rama isn’t the only casino in Ontario set to reopen in the near future. Three key sites in the region’s southern reaches are set to reopen next week. For the first time since the pandemic started over 16 months ago, all three will do so.

The largest Canadian casino resort, Caesars Windsor, announced this week that it would reopen on July 23. Players will not need reservations, according to Caesars, but must register before entering.

Caesars Windsor will also only provide a restricted number of slot machines and food options. The casino, which is located just across the border from Detroit, plans to restart its table games on July 28, subject to regulatory approval.

The Fallsview Casino Resort and Casino Niagara will reopen on July 23 in Niagara Falls, as well. Next Wednesday and Thursday, both companies will host invitation-only gatherings.

Both of the Niagara casinos, like Caesars, will not have table games available right away. Table games will be available starting July 30 at Fallsview. When the table games and poker room at Casino Niagara reopen is still unclear.

Other Ontario casinos will remain closed even after major venues reopen. The Rideau Carleton Casino in Ottawa is one of these establishments. The harness racing track at Rideau Carleton has reopened and is now open to fans in outdoor areas at 25% capacity.

Maxine Klingensmith

Maxine holds a bachelor degree in journalism, and she has worked as a freelance writer with foremost publications. Recently, Maxine has joined our team as a news editor. As she is passionate for casino and gambling industry, she conventionally contributes the latest news and reviews for casinos.

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