Las Vegas Strip Casino Accused of Hosting Criminals
Resorts World executives ignored signs that some of its high-rolling gamblers were involved in illegal betting, Nevada regulator alleges
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Executives at the Resorts World casino on the Las Vegas Strip have been accused of allowing illegal sports-betting bookies and others with ties to organized crime to gamble at the property.
Investigators with the Nevada Gaming Control Board, which oversees the state’s casino industry, said in a complaint filed Thursday that Resorts World executives ignored signs that some of its high-rolling customers were gambling with proceeds from illegal activities in violation of anti-money-laundering regulations.
The accusations coincide with a federal investigation into illegal sports-betting operations that recently ensnared baseball star Shohei Ohtani ’s longtime interpreter Ippei Mizuhara .
The casino’s alleged practice of allowing gamblers who had criminal ties to spend money there created “the perception and/or reality that Resorts World is an avenue to launder funds derived from illegal activity,” damaging the reputation of the state’s gambling industry, investigators said.
“We are committed to doing business with the utmost integrity and in compliance with applicable laws and industry guidelines,” Resorts World Las Vegas said in a statement Thursday. The company said it has been “actively communicating” with the Gaming Control Board to resolve the matter.
The $4.3 billion casino, which opened in 2021, is part of Malaysia’s Genting Berhad, which has other casinos and entertainment properties around the world.
The complaint points to Mathew Bowyer , an illegal bookmaker who gambled away more than $7.9 million at Resorts World between February 2022 and October 2023.
One of Bowyer’s clients was Mizuhara, the Japanese language interpreter for Ohtani. Prosecutors allege that Mizuhara stole nearly $17 million from the baseball player to pay off gambling debts. He agreed to plead guilty in federal court to bank fraud and subscribing to a false tax return.
Resorts World hosts, who cater to high-rollers, showered Bowyer with private jet flights, gifts and promotional chips to keep him spending at the casino, despite knowledge that he was involved in illegal sports betting, according to the complaint. The executives failed to verify the source of Bowyer’s funds, as required under its own anti-money-laundering policies.
Bowyer was banned from Resorts World after federal authorities executed a search warrant at his home in October.
He has since pleaded guilty in federal court to operating an illegal gambling business, money laundering and filing a false tax return. His gambling operation involved at times more than 700 bettors, and he employed agents who were sometimes paid with casino chips, according to prosecutors. An attorney for Bowyer declined to comment.
The Nevada Gaming Control Board recommended that state gambling regulators issue a fine against Resorts World and take disciplinary action against the casino’s gambling license. The Gaming Control Board is overseen by the Nevada Gaming Commission, which takes action on the body’s recommendations.
The complaint also says Resorts World allowed another suspected bookie and two convicted criminals to gamble on the property, including extending credit to play.
Illegal bookies who become gambling patrons have become a threat on the Strip. Earlier this year, longtime Las Vegas executive Scott Sibella pleaded guilty in federal court to allowing illegal sports-betting bookie Wayne Nix to gamble at the MGM Grand while Sibella was president of that casino.
After leaving the MGM Grand, Sibella became president of Resorts World in 2019, a role he left last year.
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“Only with competition can we become stronger and allow the industry to remain healthy,” Ma said
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Alibaba Group co-founder Jack Ma said competition will make the company stronger and the e-commerce giant needs to trust in the power of market forces and innovation, according to an internal memo to commemorate the company’s 25th anniversary.
“Many of Alibaba’s business face challenges and the possibility of being surpassed, but that’s to be expected as no single company can stay at the top forever in any industry,” Ma said in a letter sent to employees late Tuesday, seen by The Wall Street Journal.
Once a darling of Wall Street and the dominant player in China’s e-commerce industry, the tech giant’s growth has slowed amid a weakening Chinese economy and subdued consumer sentiment. Intensifying competition from homegrown upstarts such as PDD Holdings ’ Pinduoduo e-commerce platform and ByteDance’s short-video app Douyin has also pressured Alibaba’s growth momentum.
“Only with competition can we become stronger and allow the industry to remain healthy,” Ma said.
The letter came after Alibaba recently completed a three-year regulatory process in China.
Chinese regulators said in late August that they have completed their monitoring and evaluation of Alibaba after the company was penalized over monopolistic practices in 2021. Over the past three years, the company has been required to submit self-evaluation compliance reports to market regulators.
Ma reiterated Alibaba’s ambition of being a company that can last 102 years. He urged Alibaba’s employees to not flounder in the midst of challenges and competition.
“The reason we’re Alibaba is because we have idealistic beliefs, we trust the future, believe in the market. We believe that only a company that can create real value for society can keep operating for 102 years,” he said.
Ma himself has kept a low profile since late 2020 when financial affiliate Ant Group called off initial public offerings in Hong Kong and Shanghai that had been on track to raise more than $34 billion.
In a separate internal letter in April, he praised Alibaba’s leadership and its restructuring efforts after the company split the group into six independently run companies.
Alibaba recently completed the conversion of its Hong Kong secondary listing into a primary listing, and on Tuesday was added to a scheme allowing investors in mainland China to trade Hong Kong-listed shares.
Alibaba shares fell 1.2% to 80.60 Hong Kong dollars, or equivalent of US$10.34, by midday Wednesday, after rising 4.2% on Tuesday following the Stock Connect inclusion. The company’s shares are up 6.9% so far this year.
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