MGM Resorts: MGM Resorts Fined $8.5 Million for Role in Illegal Bookmaking Scheme

MGM Resorts International has agreed to pay an $8.5 million fine to the Nevada Gaming Control Board (NGCB), resolving allegations that the company failed to prevent illegal bookmakers from laundering large sums of cash through its Las Vegas Strip casinos. The settlement, announced late last week, stems from a 10-count complaint filed by the NGCB [...]