Inside Asian Gaming

IAG JAPAN JAN 2021 46 and ongoing case so I will not focus on the what, why, when, where or how, but rather on preventative measures that could have been taken in the past to possibly help prevent what happened. The recent ICE Digital Webinar that focused on Back to the Basics reminded me of a simple but basic preventative measure that works. Many years ago, I worked for a well-known major casino company that was becoming very aggressively involved in international casino marketing, opening numerous branch offices and bank accounts all around the world to support the marketing efforts of its international staff. Many of these employees were relatively new, to the field itself and to the casino cage and marketing. Therefore, our concern was to learn more about banking systems and procedures, bank wire transfers, and handling of cash deposits from players, junkets and independent reps. Looking back, I realize today how naïve and vulnerable we were at the time. Nevertheless, we made a very concerted effort to learn as much as we could about money laundering and how we could help prevent it in our casino. Our international bank at that time was Mellon Bank, headquartered in New York City. I was part of a team assigned to visit with the top executives of the bank who oversaw wire transfers and AML efforts. Mellon Bank has an interesting history. According to Wikipedia, “The Bank of New York Mellon REVENUE US$20.82 billion (2019) 売上 208億2,000万米ドル(2019年) OPERATING INCOME US$5.58 billion (2019) 営業利益 55億8,000万米ドル(2019年) NET INCOME US$4.25 billion (2019) 純利益 42億5,000万米ドル(2019年) AUM US$1.9 trillion (2019) AUM 1兆9,000億米ドル(2019年) TOTAL ASSETS US$381.50 billion (2019) 総資産 3,815億米ドル(2019年) TOTAL EQUITY US$41.58 billion (2019) 純資産 415億8,000万米ドル(2019年) NUMBER OF EMPLOYEES 48,400 (2019) 従業員数 48,400人 (2019年) WEBSITE BNYMellon.com ウェブサイト BNYMellon.com MELLON BANK メロン銀行 COLUMNISTS