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Would a race book or sports pool operator that has a “nonrestricted” Nevada gaming license be considered a casino for purposes of the BSA?

April 26, 2017book gaming license Nevada nonrestricted operator pool race Sports

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Would a race book or sports pool operator that has a “nonrestricted” Nevada gaming license be considered a casino for purposes of the BSA?

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Answer 4: Yes. Operators or owners of a Nevada race book or sports pool,9 that are duly issued a “nonrestricted” Nevada gaming license,10 and that have gross annual gaming revenues in excess of $1 million are subject to the casino requirements under 31 C.F.R. Part 103, as well as all other applicable BSA requirements. This would include a Nevada race book or sports pool licensee that obtained a “nonrestricted” gaming license to operate a race book or sports pool on the property of another casino, or that operates a number of satellite race books and sports pools that are affiliated with a central site book.