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
2 min
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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Australian shares fell on Thursday as Wall Street weakness, rising oil and persistent rate concerns weighed on most of the market. The S&P/ASX 200 declined 0.72 per cent to 8,702. The All Ordinaries lost 0.66 per cent to finish at 8,897. Mining stocks were hit particularly hard, while real estate also dragged on the index. …
Continue reading “ASX falls 0.7 per cent as miners and property stocks retreat”
2 minAustralian shares fell on Thursday as Wall Street weakness, rising oil and persistent rate concerns weighed on most of the market.
The S&P/ASX 200 declined 0.72 per cent to 8,702. The All Ordinaries lost 0.66 per cent to finish at 8,897. Mining stocks were hit particularly hard, while real estate also dragged on the index.
Energy was the notable exception, gaining more than one per cent as Brent crude traded above US$103 a barrel. Oil had moved higher amid uncertainty surrounding potential US diesel-export restrictions and broader geopolitical supply risks. The move supported energy producers but renewed concern about inflation inputs across transport and the wider economy.
Gold shares were weak even as spot bullion remained historically elevated. The All Ordinaries Gold index fell about 2.25 per cent, showing that equity performance can diverge from the commodity because of valuation, currency, operating and company-specific factors.
Zip was a prominent loser, falling 11.38 per cent after the company reported short sales after the previous close. Nine Entertainment also weakened after UBS analysts warned of near-term revenue challenges associated with its advertising-supported subscription tier.
Premier Investments led larger winners despite caution about the retail environment. Breville, in which Premier owns a significant stake, also appeared among leading movers. In the broader ASX 300 screen, Myer gained 11.43 per cent and MAAS Group rose 7.93 per cent, while Lotus Resources fell 10.53 per cent. These percentage moves should be checked against company announcements and trading liquidity before attributing causes.
The Australian dollar was broadly flat at US70.38 cents. Spot gold was around US$4,280 an ounce, Brent crude approximately US$103.08 a barrel and iron ore near US$96.90 a tonne late in the session.
The rate outlook remains the central domestic catalyst. Labour-market weakness has not eliminated the possibility of an RBA increase next week, leaving banks, listed property and other rate-sensitive sectors exposed to changing expectations.
Market dashboard
S&P/ASX 200: 8,702, down 0.72 per cent.
All Ordinaries: 8,897, down 0.66 per cent.
Best sector: Energy, up more than one per cent.
Weakest areas: Real estate and materials were the major drags; confirm final sector percentages before publication.
Material winner: Premier Investments led the large-company gainers. Confirm its final closing move from the ASX before publication.
Material loser: Zip, down 11.38 per cent.
ASX 300 percentage leader: Myer, up 11.43 per cent.
ASX 300 percentage laggard: Zip, down 11.38 per cent.
AUD/USD: Approximately US$0.7038, broadly flat.
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