Re: Putting it on red
Thank you for that explanation Geoff. I don't know much about casinos either.
If the authorities tracked the money to the casino then it probably got there by a series of bank transfers. I assume the intention was to take it out in casino chips from a casino based client account and then convert these to cash in various ways. (A casino with honest management would be very suspicious of this behaviour.) I'd have thought that buying gold bullion would be a better method because gold can have its 'identity' changed with only a small loss in value depending on who you can persuade to buy it from you.