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What will be the total amount of fines imposed on Resorts World Las Vegas by end of 2024?
3
Resolution / Starting Odds
Less than $1 million • 25%
$1 million to $5 million • 25%
$5 million to $10 million • 25%
More than $10 million • 25%
Nevada Gaming Control Board announcements, official press releases, and court documents
Story
Nevada Gaming Board Files 12-Count Complaint Against Resorts World Las Vegas for Violating Anti-Money Laundering Laws
Aug 15, 2024, 04:37 PM
The Nevada Gaming Control Board (NGCB) has filed a 12-count disciplinary complaint against Resorts World Las Vegas, LLC, and its affiliated companies. The complaint alleges that the casino allowed gamblers with ties to illegal bookmaking and individuals with federal felony convictions to gamble at the property. Additionally, Resorts World Las Vegas is accused of violating federal anti-money laundering laws, which could result in millions of dollars in fines and actions against its gaming license. These allegations have raised concerns about Nevada's reputation for maintaining stringent gaming regulations.
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Fines • 25%
Operational Changes • 25%
No Impact • 25%
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Less than $50 million • 25%
$50 million to $100 million • 25%
$100 million to $150 million • 25%
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$10,000 to $50,000 • 25%
$50,000 to $100,000 • 25%
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Revenue increases by more than 5% • 25%
Revenue remains stable (±5%) • 25%
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Revenue decreases by more than 5% • 25%
Less than $10 million • 25%
$10 million to $50 million • 25%
$50 million to $100 million • 25%
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Appeal upheld • 33%
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Less than $500 million • 25%
$500 million to $1 billion • 25%
$1 billion to $1.5 billion • 25%
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MGM Resorts • 25%
Caesars Entertainment • 25%
Las Vegas Sands • 25%
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