The Nevada Gaming Control Board has filed a disciplinary complaint against Resorts World Las Vegas. The complaint alleges that the casino allowed illegal bookmaking by welcoming individuals with gambling-related felony convictions. Most of the allegations involve Mathew Bowyer, a bookmaker from Southern California, who recently pleaded guilty to running an illegal gambling operation. The complaint lists 12 counts against Resorts World, including failures to report suspicious activities, non-compliance with anti-money laundering protocols, and extending credit to individuals with criminal backgrounds. Why do you think such high-profile resorts risk fines and revoking of their gaming license with such behaviors? Is it worth it?
I am very surprised that Resorts World allowed this. Even if they made a bit of money from it the risk was always going to be high that they would get caught and face the wrath of the Gaming Control Board. A few heavy fines from this incident should teach them a valuable lesson. It is doubtful that they needed the extra money so I would like to know why they took this risk.
Probably some behind-the-scene events that holds the entire management on their necks. It probably involves more than just money if you know I'm talking about.
Bad business move by Resorts World.
@graham That's the thing that I'm wondering. They definitely didn't the extra money, why risk their license and heavy fines like that. It doesn't make sense.
@strahil You are so right my friend. If I was in charge there is no way that I would do something stupid like this for a few extra bucks which makes me wonder what else is behind this story?
Maybe they’re chasing quick profits, but it’s hard to see how risking their license and reputation is worth it. 🙄
@graham I usually don't trust the media 100%. There's always another side of the story.
@strahil Yes, you shouldn't trust 100% of the information you read.
Well that was a very bad risk to take. They obviously will suffer for it though. Hmm.
