Wynn Resorts Penalized $5.5M for Ties to Unlicensed Fund Transfers
Wynn Resorts Ltd. has been hit with a $5.5 million fine by the Nevada Gaming Commission (NGC) for its involvement in a scheme that leveraged unlicensed money transmitting businesses to attract high-stakes international gamblers. The commission’s 4-1 vote in favor of the fine was announced in a news release (pdf) and it follows a series […]
Wynn Resorts Ltd. has been hit with a $5.5 million fine by the Nevada Gaming Commission (NGC) for its involvement in a scheme that leveraged unlicensed money transmitting businesses to attract high-stakes international gamblers. The commission’s 4-1 vote in favor of the fine was announced in a news release (pdf) and it follows a series […]
