Nevada Gaming Control Board proposes $5.5m Wynn Las Vegas settlement
Nevada’s Gaming Control Board proposed a settlement with Wynn Las Vegas that includes a $5.5 million fine, according to the report. The regulator’s complaint alleges AML-related violations involving money transfers and proxy betting; the proposed terms also require licence conditions focused on compliance enhancements and training. The Nevada Gaming Commission was scheduled to consider approval on 22 May.
The proposed settlement could bring Wynn Las Vegas a fine, licence conditions and enhanced compliance training.