A besieged megare resort on the strip dismissed dozens of employees less than 24 hours before it is scheduled to get one of the fourest regulatory penalties in the state’s history.
On Wednesday, Resorts World Hotel-Casino issued a statement confirming that it had “made the difficult decision to restructure some of our operations of less than 50 full-time group members”, in an attempt to “best position the company.”
“We appreciate the contributions that all concerned team members have made. This decision is part of our ongoing efforts to optimize efficiency and maximize the exceptional experience we are trying to deliver to our guests,” the casino said.
Resorts World Las Vegas and its parent company, Genting Berhad, are scheduled to show up for the Nevada Gaming Commission on Thursday morning in Las Vegas to respond to a 10-counted disciplinary complaint that were submitted in August by Nevada Gaming Control Board. The changed complaint claims that Resorts World failed to fully fulfill the provisions against money laundering by allowing players with ties to illegal book maker and stories of federal criminal beliefs to play.
Resorts World Las Vegas and its affiliated companies will pay a fine of $ 10.5 million, according to a settlement agreement with game regulators. If the settlement is approved on Thursday by the Gaming Commission, it would result in the second highest fine ever taken out by the Nevada supervisory authorities.
The settlement with Genting Berhad and five other subsidiaries that run the resort world Las Vegas would resolve a complaint of 10 bills, which were originally submitted by the Control Board on 15 August. The changed complaint, submitted March 20, removed two bills and any references to “organized crime.”
In addition to the fine, the strip casino will be required to provide regular reporting of anti-money activities to the control committee and provide updated training against the money to the facility’s compliance committee.
Resorts World has already begun the restructuring of its management team and adds former MGM Resorts International Chairman and CEO Jim Murren, former chairman of the Gaming Control Board AG Burnett and former Nevada Gaming Commission Chairman Brian Sandoval – a former Nevada Governor, Riksdad and present president and present president and current president for the University of
The company also appointed Alex Dixon as CEO in January and last month Carlos Castro appointed Head of Operator and CFO.
Contact David Danzis at ddanzis@ theplayerlounge.com or 702-383-0378. Follow @AC2vegas-danzis.bsky.social or @AC2vegas_danzis on X.
