Tag: AML
EU removes Gibraltar, UAE from AML watchlist
Some countries are on their way to be taken off the EU AML risk list, including Gibraltar and the UAE – two hotspots for the gambling... more
OPINION: Who ya gonna call about money laundering?
In 2011, I was appointed to the California Gambling Control Commission by Gov. Jerry Brown. I don’t believe he wanted to appoint me to... more
OPINION: After confidential disclosure, Strip casinos get an opportunity for a genuine reset
I have no proof the Nevada Gaming Commission acted intentionally when it disclosed confidential information during its May 23 meeting by... more
Nevada regulators weigh in on ‘reputational bruising’ in approving $5.5M fine against Wynn Resorts
Wynn Resorts took responsibility for violations that led to its forfeiting of $130 million to the federal government, as the Nevada Gaming... more
Casino ethics attorney-author: Pursuing criminal cases could halt Las Vegas money laundering
A gaming lawyer and former UNLV professor who authored a book on casino ethics said it may be time for federal law enforcement and state... more
Wynn Resorts third Las Vegas Strip operator to face multi-million-dollar fine in the past two months
The Nevada Gaming Control Board announced late Thursday that it has reached a settlement with Wynn Resorts over unregistered international... more
Swedish regulator hits FDJ subsidiary with AML penalty
Spooniker, a subsidiary operator of the French gambling giant FDJ United’s Kindred Group, has been hit with a SEK 10m penalty in Sweden.... more
How MGM Resorts is working to prevent money laundering at its Las Vegas casinos
In the wake of an investigation into illegal bookmakers laundering money at two of its Las Vegas casinos, MGM Resorts International says it... more
Resorts World Las Vegas calls itself ‘a different company’ after accepting a $10.5 million fine
Saying it’s now “Resorts World 2.0,” the Las Vegas Strip gaming operator Thursday agreed to pay a $10.5 million fine over allegations... more
OPINION: With bookie investigation in extra innings, Resorts World set to pay $10.5 million
A new Major League Baseball season has begun, and perhaps Resorts World Las Vegas has found its winning team. It’s certainly paying for... more
