Here is a thread about Title 31 from a casino employee forum:
http://p066.ezboard.com/fthedealersloungefrm52.showMessage?topicID=908.topic
Here is an excerpt in case you don't want to go read the whole thread:
Here's a little history and maybe an answer to your question.
The federal government wanted to start tracking large cash transactions to try to stop money laundering and other illegal activity. They set the limit at $10,000 and all states had to comply and it is known as Title 31. Nevada however, through a fit because of all the gaming. So, the Nevada Gaming Commission convinced the federal government that they could monitor the transactions on their own and would still report anything over the $10K limit to the Treasury Department. Reg 6a is basically the same thing as Title 31 but it was called Reg 6a because it was specific to Nevada. All other states use Title 31.
There are a few differences but none that would really change what we as supervisors would do. One difference is that Reg 6a would allow a casino to determine their own "gaming day" as to when it starts and stops. Some casinos cut off at 4am, others may chose midnight while others may chose 6am. Title 31 now REQUIRES all casinos to cut off the gaming day at 6am. One big difference is that with Reg 6a, the MTL was created at $3001 while Title 31 is at $3000.
All of this is due to the Patriot Act which will allow the federal government the ability to track transactions across state lines.
Now, more to the point of your question. It really depends on the casino that you work at as to how MTLs and CTRs are generated. If you still use true paper kept at all of the podiums, I doubt anything will really change except that the forms will look a little different. Where I work, our systems that we use to rate players will keep track of the buyins and generate the MTL and CTR automatically and print them out in the casino office. It even generates a message to notify you that the player is approaching the limit before they even get to the limit. It's really nice for us because we don't have to do anything at all except to notify the CM/ACM when a player has reached the MTL or CTR level.
If you understand Reg 6a, then you really do understand Title 31 without even realizing it. It really is the same thing as far as we're concerned so if your boss asks you something about it, just answer it as if he was asking you about Reg 6a and you'll be fine.
Also, here is the scoop on "NO MONEY PLAYS". Reg 6a only considers money plays to be "cash-in" if the player LOSES the bet. Title 31 considers money plays to be cash-in whether the player WINS or LOSES the bet. Also, if a player makes a money plays bet and wins the bet, Title 31 considers the cash that the player takes back to be cash-out where Reg 6a does not.
So, under Reg 6a, if I make a $6,000 money plays bet and win and use that same $6,000 to make another money plays bet and win again, nothing would happen because I get all of my cash back and Reg 6a doesn't consider it to be cash-in. However, in Title 31, those two bets would have to be aggregated together to show a cash-in for $12,000 AND a cash-out for $12,000.
As you can see, this is a real pain in the rear. It's a lot of extra work for everyone to accept money plays bets so I can certainly see why no one wants to do it. Yes players may complain but there's nothing we can do about it. If it's a last second bet which happens all the time in craps and roulette, just treat it as a "call bet with cash". Win or lose, exchange the cash for chips, and take or pay as needed. In other words, it technically is money plays but the player doesn't get the cash back.
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