The fine, which could be reviewed by the Nevada Gaming Commission as early as next week, is related to Wynn’s $130.1 million forfeiture to federal authorities last year.
Wynn Resorts Ltd. has agreed to pay $5.5 million to settle a complaint from the Nevada Gaming Control Board related to its use of unlicensed money transmitting businesses in a scheme to recruit high-rollers.
The proposed settlement, which could be considered by the Nevada Gaming Commission as soon as next week, is related to a scheme that led to Wynn forfeiting $130.1 million in a non-prosecution agreement with the U.S. Attorney’s Office for the Southern District of California and the U.S. Department of Justice to end an investigation in September.
This is a developing story. Check back for updates.
