Wynn Las Vegas and Nevada regulators finalise $5.5 million settlement for AML violations
Wynn Las Vegas has agreed to pay a $5.5 million penalty following an investigation by the Nevada Gaming Control Board (NGCB) into money laundering operations discovered in 2024. This substantial fine demonstrates serious repercussions for the gaming sector and serves as a warning to other operators.
Wynn’s regulatory breach
In 2024, Wynn Resorts faced severe accusations of illicit monetary activities, prompting an in-depth investigation by the NGCB. Wynn Las Vegas had permitted unlicensed money transfers and enabled bets placed on behalf of others, which were against anti-money laundering (AML) regulations.
The NGCB identified systemic failures in Wynn’s AML compliance programme, which should have detected these activities. These violations of regulatory limits reflect serious problems within the 바카라’s operations.
The proposed $5.5 million fine
These breaches of regulatory lines highlight significant issues within the 바카라’s operation. Consequently, Wynn Las Vegas agreed to pay a $5.5 million fine. This proposed settlement, scheduled for consideration on 22 May 2025 by the Nevada Gaming Commission, may have implications for future discipline.
The agreement also requires Wynn to implement new compliance procedures, including tighter internal monitoring systems, thorough AML training for all employees, and precise documentation of all financial transfers.
Involvement of federal authorities
Federal authorities were involved in the Wynn Resorts case, with the U.S. Attorney’s Office for the Southern District of California overseeing the matter. Wynn entered a non-prosecution agreement, admitting guilt, which significantly influenced the NGCB’s complaint. As part of the agreement, Wynn forfeited $130 million to federal authorities.
The agreement highlighted unsuitable methods of operation related to unregistered money transmitting businesses, facilitating international monetary transactions, and allowing proxy betting and other prohibited monetary activities.
In some cases, wagers were placed on behalf of other customers, violating Wynn’s AML Compliance Programme. According to the , this constitutes a violation of Wynn’s gaming licence.
NGCB stated, “Upon resolution of the federal case, NGCB Enforcement Agents completed a separate regulatory investigation and received full cooperation from Wynn LV throughout the investigation.”
Recent high-profile cases
Wynn isn’t the only 바카라 facing penalties for money laundering violations. In March 2025, Resorts World paid $10.5 million for similar infractions from 2022-2023. A month later, MGM Resorts paid $8.5 million for incidents dating back to 2017. Money laundering has become a recurring issue in the 바카라 industry, with high rollers, international guests, and large cash flows making 바카라s prime targets for illegal activities. Regulators are now tightening controls to address these violations.
