Resorts World Faces Gaming Board's Dec. 9 Deadline Amidst Compliance Concerns

Resorts World hotel with vibrant LED displays at twilight.

Resorts World Faces Deadline for Gaming Control Board Complaint Response

Resorts World Las Vegas has a looming deadline of December 9, 2024, to address a serious 12-count complaint issued by the Nevada Gaming Control Board (NGCB). Central to this complaint is the resort's alleged failure to comply with anti-money laundering provisions, which has reportedly allowed those with ties to illegal gambling to wager freely at its premises.

A Culture of Non-compliance

The NGCB's 31-page complaint, originally filed in August, points to a worrying culture at Resorts World that seemingly welcomed individuals linked to illegal bookmaking and organized crime. Noteworthy names in the complaint include Mathew Bowyer, Edwin Ting, and Chad Iwamoto, all convicted in federal court for gambling-related offences.

NGCB's Call for Sanctions

In response to these violations, the NGCB is urging the Nevada Gaming Commission (NGC) to impose sanctions. Recommendations include hefty fines and potential actions concerning the resort's license, including potential suspension. The seriousness of the allegations is compounded by the presence of ex-Resorts World president Scott Sibella in the complaint, highlighting issues dating back to his tenure at the MGM Grand.

Future Implications for Resorts World

This situation signals potential ripple effects within the casino industry, particularly surrounding compliance with regulations. Should Resorts World's license face suspension, the suggested appointing of an external supervisor would serve as a precedent for future regulatory actions against non-compliant operators.

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