The operators of Resorts World Las Vegas will pay the state a $10.5 million fine — the second-largest fine in Nevada gaming history — to settle a 10-count disciplinary complaint for failing to comply with federal anti-money laundering laws by allowing known illegal bookmakers to gamble millions of dollars at the Strip casino for more than a year.

The stipulated settlement, posted to the Gaming Control Board’s website Thursday afternoon, will be considered by the Nevada Gaming Commission at its hearing next week in Las Vegas.

Gaming regulators amended the complaint, which was filed last August, from 12 counts down to 10. 

Control Board Chairman Kirk Hendrick said in an email Friday that after the original complaint was filed, additional discovery revealed that Resorts World “had conducted sufficient enhanced due diligence and other compliance reviews” regarding two of the individuals, Edwin Ting and Chad Iwamoto, who were named in the document. 

“As a result, the counts regarding those patrons were removed,” Hendrick said.

If approved by the Gaming Commission, the $10.5 million fine is second only to the $20 million assessed by Nevada gaming regulators on Wynn Resorts in February 2019. That settlement covered a 10-count complaint over allegations of sexual abuse and misconduct against female employees by former chairman Steve Wynn, who agreed to a $10 million fine in July 2023 — the largest individual disciplinary penalty ever handed down by state regulators.

In a statement posted on X, formerly known as Twitter, the Control Board noted “wholesale changes to the executive leadership at the Strip hotel-casino and numerous remedial measures implemented” over the last several months helped settle the matter. Many of the changes and improvements cover the property’s anti-money laundering program. 

In an unsigned statement from a New York public relations firm, Resorts World acknowledged the settlement and said it “looked forward to resolving this matter.”

It also agreed that if any federal action is taken against the property related to the allegations, the Control Board “reserves the right to file a separate disciplinary complaint.”

Much of the illegal activity occurred during the stewardship of former Resorts World Las Vegas President Scott Sibella, who was fired in September 2023.

Following Sibella’s departure and in response to the complaint, Genting Berhad, the Malaysia-based owner of Resorts World Las Vegas made several changes to the property’s leadership structure.

Gaming industry veteran Alex Dixon was hired as CEO and Genting created a board of directors headed by longtime gaming industry executive Jim Murren. In addition to Murren, the board includes former Gov. Brian Sandoval and gaming attorney and former Control Board Chairman A.G. Burnett.

In February, K.T. Lim stepped down as CEO of Genting after nearly two decades and was replaced by Tan Kong Han, the company’s former president and chief operating officer.

The complaint surrounded the activities of illegal bookmaker Mathew Bowyer, who pleaded guilty in federal court earlier this month to operating an illegal gambling business, money laundering and filing a false tax return. 

According to the complaint, Bowyer lost more than $1.2 million over two months in 2022 in gambling at Resorts World, without the casino identifying the source of its funds or him filing any documentation about the source of the funds.

“Resorts World knew, or should have known, that Bowyer was likely engaged in illegal bookmaking,” the Control Board said in the complaint.

Bowyer is the illegal bookmaker who accepted millions of dollars in bets from the former interpreter for superstar baseball player Shohei Ohtani.

Updated at 2:05 p.m. on 3/21/2025 to reflect the amended complaint.