Las Vegas Casinos and Pot

What will the policy be for Las Vegas casinos and how they deal with the money coming in from marijuana sales? For a preview, check out this story from the Denver Post:

By David Migoya

The Denver Post

 

Colorado’s 40 casinos — and hundreds of others, including in the gaming mecca in Las Vegas — are bound by the same money-reporting rules that have made banks reluctant to let legal marijuana businesses open bank accounts, federal authorities now say.

That means casinos can keep anyone associated with legal weed enterprises — from dispensary to grow operations — away from gaming tables anywhere in the country.

And if they do allow them to play, casinos must file the same suspicious activity reports banks must file whenever they handle money derived from pot profits, according to the Financial Crimes Enforcement Network, a division of the U.S. Department of the Treasury.

READ MORE FROM THE DENVER POST

About ronfutrell 644 Articles

33 years covering sports, news and entertainment in Las Vegas.