HomeNewsUnited StatesResorts World Las Vegas to pay out $10.5M settlement to Nevada over AML complaint

Resorts World Las Vegas to pay out $10.5M settlement to Nevada over AML complaint

March 23, 2025

Genting Berhad has agreed to pay a $10.5 million fine to the Nevada Gaming Commission as part of a settlement over its Resorts World Las Vegas property in the United States.

The agreement still requires the acceptance of the Nevada Gaming Commission, even though it was signed between Resorts World Las Vegas LLC and the Nevada Gaming Control Board. A hearing has bee scheduled for March 27^th.

This could potentially be the second-largest fine issued in Nevada’s gaming history.

While not confirming any allegations issued in the complaint against it, RWLV LLC did agree to better oversight of its anti-money laundering practices – including training, retention of employee records and an independent audit of AML compliance.

The audit report is expected to be submitted to the state’s gaming control board two years after the settlement is approved.

Last update: 23 March 2025, 09:34 pm

Kelsey Wilhelm https://agbrief.com

Kelsey Wilhelm is a print and broadcast journalist and editor. Based in Asia for over 20 years, he saw the birth of Macau's rampantly successful gaming industry, propelling him into the world of casinos. Now focusing on all markets throughout Asia, he embraces new technologies and trends, from sports betting to online gaming – always seeking the new frontier.