Caesars Fined Over AML Lapses

Federal regulators announced an $8m fine against Caesars Entertainment Tuesday after the company accepted that it “willfully” violated anti-money laundering (AML) requirements at private gaming salons at its Caesars Palace casino on the Las Vegas Strip.

Caesars agreed to the civil penalty issued by the U.S. Treasury’s Financial Crimes Enforcement Network (FinCEN) as regulators accused the company of repeated violations of the federal Bank Secrecy Act, including a failure to police high-roller activities and report potentially suspicious activities.

To continue reading please log in or request a demo to speak to a member of the team.

Request a Trial

Click here to request a trial