Nevada regulators investigate Fontainebleau over possible anti-money-laundering breach
Nevada gaming regulators are investigating Fontainebleau over a customer credit denial that the property's ownership reportedly overruled, raising a possible Bank Secrecy Act issue. The Nevada Gaming Commission licensed president Maurice Wooden by unanimous vote but limited his licence to two years; the Gaming Control Board chair said the investigation remained confidential.
The investigation could affect Fontainebleau's regulatory oversight, while its president's licence is subject to a two-year limit.