Usmanov

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Its a well known ruse in Vegas
You buy 50k of chips with cash
Lose 5k and then get a cheque for 45k with the rest when you cash out
The cheque is clean money as its gambling money

Yes of course. It's a 10% (hence why I used to the 15% analogy earlier) that they accept. People question you, you just say you won big on on roulette. They will see in and out of money and it's hard to really prove they're not a gambling addict.

Going to that person, and explaining them the business case of why you ultimately lose playing roulette is a bit pointless, as their intention was never to win in the first place.

The casino is merely a vessel. They keep their mouths shut, don't ask too many questions, make it an enjoyable expeirence for those spending the money and enjoy the revenue. l have a similar attitude with Everton.
 
Why wouldn't they just go to Peel irrespective of building a stadium or being involved with Everton though, Peel are open to offers from anyone to push forward Liverpool Waters.

Maybe Peel won't deal directly with a Russian Oligarch? Maybe they would require a UK account to justify such work? On the KOB's dealing with a UK registered company, that has been running for over 100 years, and has a legitimate need to get involved in the acquisition and building of property seems far more likely (and able to get passed) than a Russian Oligarch (or a wealthy Iranian) with nmo such company behind them?

Trying to do business with people without a UK account is hard and that is with companies who have European/EU accounts.
 
Maybe Peel won't deal directly with a Russian Oligarch? Maybe they would require a UK account to justify such work? On the KOB's dealing with a UK registered company, that has been running for over 100 years, and has a legitimate need to get involved in the acquisition and building of property seems far more likely (and able to get passed) than a Russian Oligarch (or a wealthy Iranian) with nmo such company behind them?

Trying to do business with people without a UK account is hard and that is with companies who have European/EU accounts.
Thought he was born in Uzbekistan? Does he still stand under the same umbrella because he made most of his billions via Russia?

Im not sure about his background to be honest, just didn't think he was considered a Russian.
 
Yes of course. It's a 10% (hence why I used to the 15% analogy earlier) that they accept. People question you, you just say you won big on on roulette. They will see in and out of money and it's hard to really prove they're not a gambling addict.

Going to that person, and explaining them the business case of why you ultimately lose playing roulette is a bit pointless, as their intention was never to win in the first place.

The casino is merely a vessel. They keep their mouths shut, don't ask too many questions, make it an enjoyable expeirence for those spending the money and enjoy the revenue. l have a similar attitude with Everton.
Just a quick point here, if you’re rinsing your cash in a Casino you’re not withdrawing it from an ATM mate.

U.K. money laundering regs for casinos now have a €2000 deposit threshold, at which they’re required to have additional measures to ensure the identity of the customer and they’re legally required to keep detailed records of the transactions.
 

Just a quick point here, if you’re rinsing your cash in a Casino you’re not withdrawing it from an ATM mate.

U.K. money laundering regs for casinos now have a €2000 deposit threshold, at which they’re required to have additional measures to ensure the identity of the customer and they’re legally required to keep detailed records of the transactions.

How long have those rules been in place for?

I'd tend to play tables where the max buy in was around 5k, and when I was playing those protocols were not really being adhered too. I know things have got tightened over the last 2-3 years across finance, so would make some sense. Either way the point stands, people gravitate to places that they can recycle money.
 
How long have those rules been in place for?

I'd tend to play tables where the max buy in was around 5k, and when I was playing those protocols were not really being adhered too. I know things have got tightened over the last 2-3 years across finance, so would make some sense. Either way the point stands, people gravitate to places that they can recycle money.
2017 money laundering regs.

It probably doesn’t help that if you’re looking to rinse cash, then actually owning a casino is a beauty. As is owning any business that tends to deal in cash. e.g. You show me some brown field / waste ground car park, and I’ll show you some dodgy felon who’s ultimately behind it.
 

Why wouldn't they just go to Peel irrespective of building a stadium or being involved with Everton though, Peel are open to offers from anyone to push forward Liverpool Waters.
I agree mate , think using the Liverpool waters as some reason for there involvement is a red herring . Liverpool waters hasn’t been a huge success and that’s at the actual city centre end which is now 7 years old and has only just progressed past Waterloo dock at the moment .

There are plenty of city centre developments being stagnated and the tobacco warehouse hasn’t actually pulled up any trees sales wise and though in another 25 years it may be completed it’s not exactly Canary Wharf or central London with huge money to be made . If the demand was there then it would be flying up now .

I personally think it’s a vanity project after not gaining control of arsenal but still can’t see why his name isn’t officially put forward as he’s been a shareholder , is known in uk and I’d well imagine fits the proper fit and person test .
 
2017 money laundering regs.

It probably doesn’t help that if you’re looking to rinse cash, then actually owning a casino is a beauty. As is owning any business that tends to deal in cash. e.g. You show me some brown field / waste ground car park, and I’ll show you some dodgy felon who’s ultimately behind it.

Yes you are right, I know in the last 2-3 years following the HSBC incident it's got harder. When I was at casino's it was more 10 years ago, and things were a lot less tight shall we say!
 
I agree mate , think using the Liverpool waters as some reason for there involvement is a red herring . Liverpool waters hasn’t been a huge success and that’s at the actual city centre end which is now 7 years old and has only just progressed past Waterloo dock at the moment .

There are plenty of city centre developments being stagnated and the tobacco warehouse hasn’t actually pulled up any trees sales wise and though in another 25 years it may be completed it’s not exactly Canary Wharf or central London with huge money to be made . If the demand was there then it would be flying up now .

I personally think it’s a vanity project after not gaining control of arsenal but still can’t see why his name isn’t officially put forward as he’s been a shareholder , is known in uk and I’d well imagine fits the proper fit and person test .

There are very real questions as to whether he would pass such a test, especially in the current climate.
 

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