Crossword Genius

Risky location for company hiding a transgression (6)

Ross

I believe the answer is:

casino

I'm a little stuck... Click here to teach me more about this clue!

'risky location' is the definition.
The definition and answer can be both acts as well as being singular nouns.
Maybe they are linked in a way I don't understand?

'company hiding a transgression' is the wordplay.
'company' becomes 'co' (abbreviation).
'hiding' means one lot of letters goes inside another.
'transgression' becomes 'sin' (sin is a kind of transgression).
'a'+'sin'='asin'
'co' going around 'asin' is 'CASINO'.

'for' is the link.

Can you help me to learn more?

(Other definitions for casino that I've seen before include "Gaming establishment" , "enterprise?" , "used by gamblers" , "Where one may gamble" , "that offers better risks" .)

I've seen this clue in The Irish Times and The Guardian.
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