Title 31 Casino Test
Under Title 31, casinos are required to file Suspicious Activity Reports (SARs) when the casino knows, suspects, or has reason to suspect that a transaction (or a group of related transactions) involving $5,000 or more meets one of the following descriptions. Operations to be in compliance with Title 31, so if you are not in compliance with Title 31 then you are not in com-pliance with the MICS. One last risk is unfortunately a con-stant threat at casinos, and that relates to an employee that will take advantage of their position to steal or assist oth-ers in laundering money for a price.
Currency Transaction Reporting
Product Summary
In addition to the CTR (Title 31) tutorial described below, we have a new tutorial on Suspicious Activities. Both are now available on the Internet.
Title 31 training is regarded by many casinos as dull, unimaginative and a never-ending obligation. Guided Learning's interactive multimedia program is not as much fun as an hour at the craps table, but most trainees find it stimulating and interesting, and managers of cage operations find a tedious burden has been lifted. In less than an hour casino personnel are tutored in all aspects of CTR requirements, then tested on their knowledge. The program covers the federal andor state requirements (briefly), then goes into the casino's specific policies and procedures for reportable transactions and patron identification.
The program is available in both DOS and Windows versions, and will run on any network.
Originally developed for Harrahs and the Trump Taj Mahal in Atlantic City in 1997, the program has been adapted and customized to the requirements of different states and to the desired 'look and feel' of several casinos throughout the U.S., including several tribal casinos.
Title 31 Casino Test Answers
In practice, more than 80% of casino personnel completing the course have scored 80% or better their first time through the course. There are separate tracks for personnel in different departments (pit, cage, slots, marketing) and with different levels of experience. The program has been written to an 8th grade reading level, so is entirely comprehensible by people with a wide range of academic preparation.
A full examination copy is available to qualified casino management; call (908) 236-7973 or fax (908) 236-7973.
