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MGM Resorts agrees to $8.5m settlement over Nevada AML complaint

Enforcement & compliance

MGM Resorts International agreed to an $8.5 million settlement with the Nevada Gaming Control Board over a disciplinary complaint alleging unsuitable operating methods linked to two illegal bookmakers. The proposed terms include anti-money laundering measures and staff training; the Nevada Gaming Commission is scheduled to consider the agreement on 24 April.

The proposed settlement would impose AML remediation requirements on MGM Resorts’ Nevada gaming properties if approved.

End-of-day close MGM Resorts (MGM), USD, to 5 June 2025
Story date7 March 20255 June 2025

Latest reported results

MGM Resorts NYSE: MGM

Quarter ended 30 September 2026

Revenue
USD 4.21bn10-Q filing 0000789570-26-000107
Operating income
USD 118.7m10-Q filing 0000789570-26-000107

Earlier fines and penalties by NGCB

DateCompanyAmountStoryAppeal status
Robinhood, KalshiNot statedNew Jersey DGE orders Robinhood and Kalshi to stop NCAA event contractsNot stated
Resorts World Las VegasUSD 10,500,000Nevada Gaming Control Board agrees $10.5m settlement with Resorts World Las VegasNot stated
KalshiNot statedNevada gaming board orders Kalshi to stop offering event contracts by 14 MarchNot stated
KalshiNot statedNevada Gaming Control Board orders Kalshi to halt state operationsNot stated

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