OPINION: After confidential disclosure, Strip casinos get an opportunity for a genuine reset

Sunday, June 8, 2025 3:48 PM
Image aggregated from The Nevada Independent.
  • John L. Smith, The Nevada Independent

I have no proof the Nevada Gaming Commission acted intentionally when it disclosed confidential information during its May 23 meeting by naming the Fontainebleau Las Vegas in an ongoing Gaming Control Board money laundering investigation.

I can only hope it did.

Although the disclosure surely made longtime gaming industry attorneys cluck about the rule of law and the importance of protecting Nevada’s well-marketed “gold standard” of casino regulation, the fact is casinos up and down the Strip have been mired in a self-inflicted scandal. It continues to play out as the old story of illegal bookies laundering their profits as comp-privileged high rollers, giving way to new questions of what other casinos might have been aware of the illegality but let it ride in the name of the bottom line and a long tradition of plausible deniability.