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Caesars becomes the third of the "big three" casino operators in Las Vegas to face an AML fine this year after news broke that the company will pay a $7.8 million fine in connection with convicted bookie Matt Bowyer.
Boyer ran a high-end bookmaking operation in Newport Beach that serviced Dodger’s superstar Shohei Ohtani’s Japanese interpreter He was also a regular at a number of Las Vegas casinos, including Caesars.
Caesars had agreed to pay the fine for anti-money laundering failures in connection to the incarcerated bookie.
MGM and Resorts World had previously paid fines related to Bowyer.
The Nevada Gaming Commission will consider the matter at its next meeting on 20 November.
“The board’s investigation revealed that Caesars and/or its subsidiary properties, including Caesars Palace, had identified, as early as April 2017 and on multiple subsequent occasions until he was banned by Caesars, suspicions regarding Bowyer’s activities, including that there was a lack of information regarding his source of funds and/or that his source of funds failed to justify his level of play,” the complaint reads in part.
- Jagajeet Chiba, Gambling911.com
