Between 2008 and 2018, hundreds of millions of dollars in cash was laundered via B.C. casinos, according to a 1,800-page analysis commissioned by the provincial government.
The Commission of Inquiry into Money Laundering in British Columbia received testimony from 199 witnesses over the course of 133 days, according to Austin Cullen’s report, which was issued Tuesday.
Cullen slammed the B.C. Lottery Corporation and other gaming-related provincial politicians for failing to do enough to stop rampant money laundering, which he claims was taking place in plain sight.
“In 2014 alone, British Columbia casinos accepted nearly $1.2 billion in cash transactions of $10,000 or more, including 1,881 individual cash buy-ins of $100,000 or more – an average of more than five per day,” the report said.