A “comprehensive global initiative” was announced by Las Vegas Sands Corp to cater money laundering and human trafficking in the industry.
The initiative by United States-based casino operator called as Project Protect will aim at promoting responsible gaming by the operators world-wide.
Las Vegas Sands announced comprehensive staff training for Project Protect. The casino operator is hopeful that training will provide necessary means for the compliance of legal laws and industry operating standards. The project is aimed at regulating the firm to promote standardized gaming, and fighting money laundering and human trafficking through their industry platform.
Lon Jacobs, Executive Vice-president of Las Vegas Sands and Global General Cousel, said in a statement regarding their priorities: “Our goal is zero tolerance for negative or harmful activity in our properties to safeguard our guests, our team and the communities where we operate”.
He added: “Our commitment to adhering to government and industry regulations has never wavered, but Project Protect takes a major step toward prevention and elimination of these issues at our properties by providing the right tools and education for our team to identify problems and act swiftly and responsibly.”
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Ron Reese, Las Vegas Sands senior vice-president, was asked to clarify about his position about the project. Reporter from GGRAsia asked Reese to explain whether the new set of procedures will be applicable to their operations in Macau and Singapore or it is strictly for US operations.
He responded to GGRAsia through email, “The policies, procedures and team-member training can vary from market to market, based on local regulations etcetera, but the company’s commitment to these issues is global and a part of our culture.
“The programme itself is meant to highlight and provide a platform from which Sands can take a role as an industry leader in these areas.”
Las Vegas Sands is the major market player in Macau. It operates under the name of Sands China Ltd. Their casino operations are running in Singapore under the name of Marina Bay Sands.
Training of staff under Project Protect will be executed with up to date curriculum in-order to achieve the desired results effectively on money laundering and human trafficking regionally and globally.
