MGM resorts fined $8.5M for AML violations

MGM resorts fined $8.5M for AML violations

MGM Resorts has acknowledged past violations and committed to implementing extensive reforms to strengthen its anti-money laundering (AML) compliance practices. On Thursday, the Nevada Gaming Commission (NGC) unanimously approved an $8.5 million fine against MGM Resorts, resolving a series of allegations related to its AML procedures…
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