Manitoba government targets money laundering in casinos

Manitoba government is ramping up efforts to combat money laundering in casinos by requiring them to report suspicious transactions directly to law enforcement.

“Drug dealers often use casinos to launder their cash, and we are making it easier for law enforcement to track down people bringing toxic drugs into our communities,” said NDP Premier Wab Kinew. 

“Fentanyl has had a devastating impact on Manitobans, and people attempting to profit off it need to be held accountable.”

Under the new directive, casinos operated by Manitoba Liquor and Lotteries (MBLL) will report suspicious transactions not only to the federal Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) but also directly to the Winnipeg Police Service and the RCMP. This move aligns Manitoba’s strategy with similar initiatives in Ontario and British Columbia.

Justice Minister Matt Wiebe emphasized the government’s commitment to cracking down on drug trafficking.

“Our government has been cracking down on drug traffickers since day one,” Wiebe said.

“Today’s announcement adds another layer of protection for Manitobans against money laundering.”

In addition to enhanced reporting, MBLL will bolster its anti-money laundering team with additional staff and equipment while strengthening collaboration with FINTRAC. The provincial government will also invest $325,000 in new surveillance equipment for MBLL, reinforcing monitoring efforts and information-sharing across provincial agencies.

The measures are part of the province’s broader commitment to tackling organized crime and drug-related activities, aiming to prevent illicit funds from flowing through Manitoba’s casinos and into the criminal economy.