Casinos in Canada
Not all gaming establishments are subject to the Proceeds of Crime (Money Laundering) and Terrorist Financing Act in Canada – only those that fall within the definition of a “casino”.
A casino is any entity that is licensed, registered, permitted or otherwise authorized to do business under §207(1)(a) to (g) of the Criminal Code of Canada and that conducts its business activities in a permanent establishment in which roulette or card games are carried on, and/or where slot machines are available for play.
Gaming establishments subject to the Proceeds of Crime (Money Laundering) and Terrorist Financing Act are:
- Racinos (only the “slots” operation).
- Permanent bingo establishments.
- Charitable gaming.
- Exhibitions or fairs.
- Public places of amusement.
Gaming establishments or gaming activity excluded from the Proceeds of Crime (Money Laundering) and Terrorist Financing Act are:
- Pari-mutuel betting.
- Internet-based pari-mutuel betting.
- Bars, restaurants and other establishments that provide VLTs.
- Temporary charity gaming events.