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Will Wynn Resorts face another major legal action by the end of 2024?
3
Resolution / Starting Odds
Yes • 50%
No • 50%
Publicly available legal records and news reports
Story
Wynn Resorts to Forfeit $130.1 Million in DOJ Settlement
Sep 7, 2024, 12:35 AM
Wynn Resorts has agreed to forfeit $130.1 million to settle a Department of Justice (DOJ) investigation into unregistered money transfers by casino patrons. The settlement allows Wynn to avoid criminal prosecution. The investigation, which spanned a decade, focused on transactions facilitated by former employees of Wynn Las Vegas. The company admitted to using unregistered money transmitting businesses to circumvent the conventional financial system. This non-prosecution agreement resolves the DOJ's concerns about illegal transactions involving foreign customers.
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Fines • 25%
Operational Changes • 25%
No Impact • 25%
Other • 25%
Yes • 50%
No • 50%
Fines imposed • 25%
License revoked • 25%
Settlement reached • 25%
No action taken • 25%
Data breach related • 25%
Robocall related • 25%
Other legal issue • 25%
No new legal action • 25%
Yes • 50%
No • 50%
Increase by more than 10% • 25%
Increase by less than 10% • 25%
Decrease by less than 10% • 25%
Decrease by more than 10% • 25%
Yes • 50%
No • 50%
Less than $1 million • 25%
$1 million to $5 million • 25%
$5 million to $10 million • 25%
More than $10 million • 25%
