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Nevada Gaming Commission adopts casino AML rules for compliance staff

Regulation

The Nevada Gaming Commission unanimously approved amendments to Regulation 5 at its 23 April meeting, requiring regulators to vet and license casino staff with anti-money-laundering responsibilities. The rules also cover AML-related dismissals, independent agents and businesses that fund patrons’ wagering; NGCB member George Assad separately proposed a whistleblower reward of 1% of seized funds.

Casino operators will face new licensing, reporting and oversight requirements for anti-money-laundering compliance.

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Regulation

New York gaming commission asks court to compel Kalshi subpoena compliance

The New York State Gaming Commission has asked a Manhattan court to require Kalshi to provide records concerning its sports-event contracts and users, according to a report. The requested records are the subject of the commission’s subpoenas.

A Manhattan court has been asked by the New York State Gaming Commission to compel Kalshi to hand over records, according to a report. Those records concern the company's sports-event contracts, its users under 21 and its advertising, the report said. The regulator is weighing civil penalties against the prediction market operator, the report said. The move opens a new front in a long-running dispute between the commission and Kalshi, the report said.

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