By
Jerry Smith
Staff Writer Updated: 08/31/2024
Jerry’s greatest advantage is his extensive experience on the casino floor. His time as a casino manager taught him everything about what makes a player tick. Besides being a skilled poker player, he has deep knowledge of all live table games and gambling regulations in the US.
Regulators Look to Fine Resorts World Las Vegas
It was recently revealed that regulators in Las Vegas are looking to fine Resorts World over alleged incidences of money laundering. This comes following claims that the casino resort allowed illegal bookmakers to gamble without obtaining information on where the money had come from. The fine could run to millions of dollars, according to the Nevada Gaming Control Board.
The NGCB filed a disciplinary complaint against Resort World Las Vegas, which spanned twelve counts and 31 pages. The disciplinary complaint was also filed against related companies, according to reports.
In its statement, the NGCB wrote,
Resorts World … allowed a culture that welcomed certain individuals with suspected or actual ties to illegal bookmaking, histories of federal felony convictions related to illegal gambling businesses, and ties to organized crime.
The statement went on to say that an investigation by the NGCB had shown that Resorts World executives accepted a culture where illegal and suspicious activities were not reported or were completely ignored in a bid to make more money.
It was further revealed that one of those to be named in the NGCB filing was Mathew Bowyer, a 49-year-old California bookie who has already pled guilty to a range of offenses. This includes operating an illegal gambling business, false tax returns, and money laundering. He is due to appear in court in 2025 and could face a 30-37 month stretch behind bars.
According to ESPN reports, Bowyer either transferred or was involved in the transfer of more than $9 million to Resorts World Las Vegas. It is claimed that he also lost $4 million or more at the casino.
One of Bowyer’s clients was Ippei Mizuhara, who was found guilty of stealing $17 million from MLB Los Angeles Dodgers player, Shohei Ohtani while working for him as a translator. He stole the money to pay off his huge gambling debts.
A second NGCB complaint was also filed where Bowyer’s wife was named. According to the complaint, Nicole Bowyer profited from her husband’s activities, as an independent agent.
The NGCB statement claims that Bowyer’s wife received payments from Resorts World and must have known that at least some of her husband’s funds came from illegal activities. It was further claimed that Nicole Bowyer had refused to cooperate with the NGCB during the investigation.
The filing from the NGCB also named two other people, one of whom is said to have ties to organized crime. Edwin Ting and Chad Iwamoto were both named in the complaint and were both convicted of illegal gambling.
In the meantime, Resorts World, which is one of the major players in Las Vegas, has released a statement in response to the NGCB complaint. Officials from the gaming giant claim that they have been communicating with the gaming control board to address the issues raised.
They went on to state that the company was eager to get the problems resolved, move forward, and focus on other guests.
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