System for detection of money laundering

A system for the detection of money laundering activities within a casino environment including a host casino computer network, a cashier client station running cashier client software in communication with said host casino computer network, and a plurality of gambling terminals each running VLT client software in communication with said host casino computer network, the system comprising:

• an application service provider (ASP) running ASP security software;
• and
• a plurality of flash memory cards each configured for insertion in a corresponding gambling terminal and each containing security software comprising executable program code for carrying out the steps of,
• identifying a transaction on one of said gambling terminals by predetermined transaction type;
• monitoring said transaction on said gambling terminal;
• applying a predetermined ruleset configured for determining whether the monitored transaction complies with a transaction profile associated with the identified transaction type, and determining that the transaction does not comply;
• setting a flag indicating suspicious activity;
• and
• printing a voucher having a unique identifier, and transmitting that unique identifier to said host casino network security software;
• whereby said host casino network security software prevents cash-out transactions to said voucher based on said identifier and transmits an alert to said cashier client stations to require positive identification and complete a suspicious activity report (SARC).

A system for the detection of money laundering activities involving casino slot machines and video lottery terminals, comprising:

• a host casino network running security software;
• an application service provider (ASP) running ASP security software;
• a plurality of slot machines and/or video lottery terminals each running slot/VLT client software in communication with said ASP host casino security software;
• a cashier's client station running software in communication with said ASP security software and said host casino network security software;
• a plurality of flash memory cards, each configured for insertion in a corresponding slot machine or video lottery terminal and each containing security software comprising executable program code for carrying out the step of applying a predetermined ruleset and determining whether a transaction is in compliance with a transaction profile associated with that transaction type, and when not in compliance setting a flag indicating suspicious activity, printing a TITO voucher having a serial number/barcode, and transmitting that TITO voucher serial number/barcode to said host casino network security software, whereby said host casino network security software thereupon prevents cash-out transactions to said TITO voucher serial number/barcode and transmits an alert to cashiers to require positive identification and complete a Suspicious Activity Report (SARC).