There could be another way in which financial transaction reporting requirements could lead to federal civil rights laws applying to protect advantage players. The regulations for casinso to have enough reserves to pay for large jackpots is generally accepted to be what has lead casinos to not be able to toss out advantage video poker players. To be able to hold a reserve to pay a jackpot, or a royal, the casino has to show certain moneys are being held in reserve. But in order to hold such reserves the casino has to submit its books to federal transaction rules, including the rules on circulation of adverse transaction reports, such as I and others discussed on this board recently in regard to the Griffin investigation reports being adverse transaction reports under the rules relating to the Federal Fair Credit Reporting Act.
What happens when every bet itself is over the $10K reporting requirement? The federal rules in holding reserves certainly would apply to every bet. They might apply to bets at the 2.5K level which is the level where CTR tracking must begin, but CTR reports are not actually required to be turned in. The federal transaction reserve rules apply to payouts as low as $250, for 5 cent slot players.
Just some additional thoughts to apply to countering casino heat!
