Resorts World Las Vegas Hotel casino will pay the second highest fine ever left by Nevada Gambling Regulators after the parties agreed to resolve a disciplinary complaint arising from the property’s failures against money laundering.
On Thursday, the Nevada Gaming Commission took out a fine of $ 10.5 million against Resorts World and its parent company, Genting Berhad. The financial penalties from state gaming regulators are only second to the $ 20 million that Wynn Resorts Ltd. Paid in 2019.
The approved settlement between the casino and state gaming regulators follows a complaint from 2024 from the Nevada Gaming Control Board, which originally contained 12 bills but was later changed to 10. Under the conditions for the settlement, the resort world and genting do not recognize or deny the allegations included in the NGCB.
As part of the settlement, Resorts World has agreed to carry out stricter minutes against money laundering and make leadership changes.
Since the NGCB complaint was submitted in August, Genting, the Malaysia-based conglomerate that owns and operates Strip Hotel casino, has abandoned its Las Vegas executive team and appoints Alex Dixon as the CEO in January. Genting also created a board that includes former MGM Resorts international chairman and CEO Jim Murren, former chairman of Gaming Control Board AG Burnett, Michelle Ditondo, an experienced chairman of human resources working at MGM and Caesars, KH Tan, Gentent’s president and previous Nevada Gaming Commission. The board members and Dixon were all present on Thursday at NGC’s public meeting.
While the Nevada solution resolves the matter at the state level, the NGCB reserves the right to continue further disciplinary measures if federal authorities take action against the world.
According to the first complaint for the Board of Directors, Resorts World – a property of $ 4.3 billion opened in June 2021 at the northern end of the strip – worked with a culture that suggested that people with ties to illegal book creation be welcomed on the property. In the middle of the changed NGCB complaint, there are two illegal bookmakers, Mathew Bowyer and Damien LeForbes.
Among those who were known for placing bets with Bowyer, Ippei Mizuhara, the former interpreter to Los Angeles Dodger’s superstar Shohei Ohtani, who admitted to stealing millions of dollars from the baseball player to finance his own gaming activities.
Six of the ten bills for the MGCB complaint involved Bowyer, who won and lost millions of dollars who played at Resorts World. The Control Board also submitted a complaint against his wife, Nicole Bowyer, who was a registered independent agent agreed by Resorts World.
As an independent agent, Nicole Bowyer had to serve directly from Mathew Bowyer’s casino venture. State gaming regulators have not yet assessed Nicole Bowyer’s disciplinary complaints.
According to the Nevada authorities, Mathew Bowyer played at Resorts World for about 20 months and lost just under $ 8 million without the casino’s compliance committee ever to set up its source, according to law.
Several hours before the Gaming Commission voted on Resorts World Settlement, played games with high stakes and social media Robert “RJ” Cipriani an emotional and spread testimony that describes his multi -year effort to shine light on “incorrect” at Resorts World. Cipriani, who passes X Moniker Robin Hood 702, in public for the first time recognized his role in turning the Federal authorities’ attention to Nevada.
In emails shared with Review journal from several years, Cipriani warned several individuals and agencies on perceived illegal activity at Las Vegas Casinos, including leadership at both MGM Resorts International, Genting and both Nevada Gaming Regulatory bodies.
On Thursday, Cipriani asked the Gaming Commission to impose a stiffer sanction against the resort world than the agreed $ 10.5 million.
This is a developing story. Come back for more information.
Contact David Danzis at ddanzis@ theplayerlounge.com or 702-383-0378. Follow @AC2vegas-danzis.bsky.social or @AC2vegas_danzis on X.
