Former BCLC Chair Warned Ministers About High-end Gaming

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Bud Smith, former chairman of the British Colombia Lottery Corporation (BCLC), has told a public inquiry that he warned cabinet ministers about the risks of high-end gaming.

Smith told the inquiry into money laundering that he had warned finance minister Mike de Jong and New Democrat Attorney General David Eby about the risks of gaming where bet limits reached $100,000 or over.

Smith said he expressed his views to Jong in 2015 and to Eby in 2017, warning them of suspicious activities at gaming properties in British Colombia.

He suggested that the government should continue with the BCLC’s anti-money laundering strategy instead of implementing a policy that restricts cash at casinos.

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Niji Narayan has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. He reports gaming industry headlines from all around the globe.

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