Pretty much nails it. I may add the most difficult task for the cage to accomplish is making sure someone with multiple small transactions ($1000+ range) gets on the MTL (Multiple Transaction Log) for tracking, especially if the guest is going to multiple windows. Also if a guest cashes a check the check will go on the MIL (Multiple Instrument Log) for tracking.

Also note that SARC can be filled out for other suspicious activity, such as large buy in and no or minimal play, large cash out and no or minimal play, and other suspicious activities.

Another thing to note that Cash In and Cash Out transactions do not combine for daily $10,000 threshold. An Example of Cash In transactions... Purchase of Chips at the Poker Cage, Buy In at a Table, Bills inserted in a slot machine. Cash Out transactions... Cashing in Chips at the Cage, Cashing a Check, Cashing a Cash Advance, Cashing Out a Slot Ticket, Jackpot payoff by staff. Getting Change at the cage is both a Cash In and Out transaction. Basically if a guest buys in for $5000 at a table and cashes out at the cage for $5000.01 they did not exceed the $10,000 threshold, they did $5000 cash in and $5000.01 cash out.

At the end of the Gaming Day (Business Day) the departments compile and send their reports usually to the compliance department. Our properties the compliance department completes the CTR report on guests that exceed $10,000.

For more information or subscribe to the govt newsletter on AML/Title 31 go to this website www.fincen.gov it's a great source