US EditionBC Lottery Corp. says it was ‘ambushed’ in money laundering investigation
BC Lottery Corp. challenges $1.075 million penalties from FINTRAC for alleged failures in reporting and compliance related to a high-risk casino patron flagged for frequent $100 bill use.
- In 2025, Canada’s financial intelligence agency imposed a penalty exceeding $1 million on the British Columbia Lottery Corporation for alleged anti-money laundering breaches related to a high-risk casino customer.
- The penalty followed findings that BCLC failed to report suspicious transactions, maintain updated compliance policies, and take 'special measures' for the patron, amid claims the regulator ignored language and cultural factors.
- BCLC said it was ambushed by the regulator without prior notification, denying the allegations and highlighting its strict anti-money laundering controls while appealing the penalty in Federal Court.
- The case echoes broader concerns from the 2022 Cullen Commission, which documented extensive illicit cash flows through B.C. casinos and called for an independent commissioner to manage money laundering risks.
- The appeal and Cullen's recommendations signal ongoing challenges in combating laundering, implying that inadequate enforcement and cultural misunderstandings may undermine reform efforts in British Columbia's gaming sector.
29 Articles
29 Articles
BC Lottery Fined $1 Million for Violating Anti-Money-Laundering Rules
The British Columbia Lottery Corporation has been fined $1,075,000 by the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) for three violations of money-laundering rules. The Crown corporation said that it is appealing the decision. Following a compliance examination, FINTRAC found that the corporation had failed to report suspicious transactions, failed to develop and apply policies for high-risk clients, and did not take …
B.C. Lottery Corp Fined $1M in First Casino Laundering Case Since Cullen Report
Sam Cooper BCLC appeals, reviving “linguistic and cultural” defenses as Eby’s government leaves Cullen’s reforms largely unfulfilled Canada’s financial intelligence agency has hit the British Columbia Lottery Corporation with a $1.075-million penalty for failing to report suspicious transactions and monitor high-risk high-rollers — the first major suspected money-laundering case against the province’s casino arm since the Cullen Commission, who…
B.C. Lottery Corp. says it was ’ambushed’ by Fintrac in money laundering probe
VANCOUVER -- The British Columbia Lottery Corp. is taking the federal government to court, claiming it was wrongly penalized more than $1 million for anti-money laundering and terrorist financing violations earlier this year by a federal financial watchdog.
B.C. Lottery Corp. says it was ’ambushed’ in money laundering investigation
The B.C. Lottery Corp. is taking the federal government to court, saying it was wrongly penalized more than $1 million for money-laundering and terrorist financing earlier this year by a federal financial agency.
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