Nevada Gaming Control Board proposes $10.5m fine for Resorts World Las Vegas
The proposed settlement relates to alleged illegal bookmaking at the property.
US.- The Nevada Gaming Control Board (NGCB) has announced a proposed $10.5m settlement with Resorts World Las Vegas and its parent companies (RWLV) regarding a complaint filed on August 15, 2024 about alleged unsuitable methods of operation related to illegal bookmaking by Mathew Bowyer and Damien LeForbes.
It said in a statement: “The Stipulation includes a fine of $10,500,000 payable to Nevada’s General Fund, and dictates specific conditions be placed on RWLV gaming licenses. The proposed settlement also addresses wholesale changes to executive leadership at RWLV and details numerous remedial measures implemented at RWLV. The majority of conditions and remediations focus on additional or increased requirements in the RWLV anti-money laundering program.”
Within the stipulation, the NGCB reserves the right to file a separate disciplinary complaint based on any potential federal action. The Nevada Gaming Commission (NGC) is scheduled to consider approval of the Stipulation at its monthly meeting in Las Vegas on March 27. Counsel for RWLV and the Nevada Attorney General’s Office will explain the terms of the proposed Stipulation and request NGC approval.
