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Glossary Blackjack / Term

Cash Transaction Report (CTR)

A report any financial institution in the US (such as a bank or a casino) is required to fill out when a patron has an aggregate cash transaction greater than $10,000 in a single business day. By law, the casino must obtain ID from the player as part of completing the paperwork. The information goes to the FBI and other government agencies in an effort to thwart money laundering. As long as you pay your taxes, there’s nothing to worry about.

Permanent link Cash Transaction Report (CTR) - Creation date 2023-03-14


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