Dickinson Wright PLLC is pleased to announce that the firm’s Gaming & Hospitality Group in Las Vegas and Attorney Peter Kulick in Lansing have authored chapters in the recently published American Bar Association’s The Law of Regulated Gambling: A Practical Guide for Business Lawyers.
The Law of Regulated Gambling: A Practical Guide for Business Lawyers is designed to familiarize business attorneys with some of the basics of gaming law. Lawyers and academics with specialties in gaming law have written the book with a goal of helping the practicing business lawyer better understand this area of practice. To learn more about the book, please click here.
Kate Lowenhar-Fisher (Gaming & Hospitality Practice Group Chair), Greg Gemignani (Member), Jennifer Gaynor (Member), and Jeff Silver (Of Counsel) authored Chapter 1, Regulated Gambling in the United States. This chapter introduces the reader to the various gaming markets that operate in the United States. They discuss the expansion of regulated gambling in the U.S. and how technological advances promise future business opportunities. The chapter also provides a helpful history of the development of gambling in the U.S., including a guide to landmark events in the world of regulated gaming.
Peter Kulick (Tax Practice Group Co-Chair) authored Chapter 4, Currency Reporting and Anti-Money Laundering Requirements for Gaming Properties. This chapter looks at currency reporting and anti-money laundering in the gaming market. While business lawyers are not unfamiliar with these regulations, including the Bank Secrecy Act, gaming entities are saddled with special requirements that are detailed in this chapter. The chapter illustrates that failure to comply with these requirements can produce very expensive consequences for casinos.
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