
Resorts World Faces Potential Massive Fines Amid Money Laundering Allegations
Money laundering has been a permanent issue in the casino and gambling space. Just recently, the casino operator SkyCity was fined $78 million in New Zealand and Australia. In Las Vegas, the Nevada Gaming Control Board has initiated a probe into several casinos, including Resorts World, amid allegations of money laundering tied to illegal sports betting rings. This investigation highlights the ongoing issue of financial crime within the casino and gambling sector.