Under California’s Gambling Control Act of 1998, casinos are required to make timely, full, and true disclosure to gambling regulators. After the cardroom failed to timely or accurately report an investigation by the federal Financial Crimes Enforcement Network (FinCEN), DOJ’s Bureau of Gambling Control (Bureau) initiated a license disciplinary proceeding against the casino and its owners. Today’s settlement includes the largest agreed-upon penalty in the history of California gambling regulation. The casino is a 51-table cardroom with the eighth largest gross gambling revenue in the state. SACRAMENTO – The California Department of Justice (DOJ) today announced a settlement in which Artichoke Joe’s Casino in San Bruno agreed to pay a penalty of $5.3 million for misleading gambling regulators and violating the Bank Secrecy Act, a federal law intended to combat money laundering. Settlement is the largest agreed-upon penalty in the history of California gambling regulation
