US casino operator Caesars Entertainment has agreed to pay an $8m civil money penalty after several failures at its flagship Las Vegas casino property Caesars Palace caused “systemic and severe” anti-money laundering (AML) compliance failings.
The US Financial Crimes Enforcement Network (FinCEN), a bureau of the US Department of the Treasury, confirmed the settlement Tuesday which related to lax AML controls on high rollers at the venue.
Caesars has agreed to pay an $8m civil money penalty for [...]
