MGM Resorts International fined US$8.5m over illegal bookmaker clients and AML failings

Gambling operator MGM Resorts International, which owns the MGM Grand Casino and the Cosmopolitan of Las Vegas, will pay a US8.5 million fine after the Nevada Gaming Commission (NGC) found two illegal bookmakers had been placing bets, without the filing of any suspicious activity reports.

Gambling operator MGM Resorts International (MGMRI), which owns the MGM Grand Casino and the Cosmopolitan of Las Vegas, will pay a US8.5 million fine [1] after the Nevada Gaming Commission (NGC) found two illegal bookmakers had been placing bets, without the filing of any suspicious activity reports (SARs).