Caesars Palace fined $7.8M over gambling by bookmaker linked to Ohtani's interpreter

Core Points - Nevada gaming regulators imposed a $7.8 million fine on Caesars Palace for non-compliance with anti-money laundering regulations related to illegal gambling activities [1][2] - The case involved bookmaker Mathew Bowyer, who gambled millions from 2017 to 2024 without proper verification of his funds, despite multiple warnings [2][3] - Caesars executives acknowledged failures in their anti-money laundering systems and committed to improving compliance measures [3][5] Company Summary - Caesars Palace was fined $7.8 million by the Nevada Gaming Control Board for failing to comply with anti-money laundering rules [1] - The casino's failure to verify the source of funds for Mathew Bowyer, who was involved in illegal gambling, led to this significant penalty [2] - The settlement requires Caesars to enhance its anti-money laundering training and compliance efforts [4][5] Industry Context - This incident marks the third casino fined in connection with Bowyer's activities, following a $10.5 million fine against Resorts World earlier this year [2] - MGM Resorts International was also fined $8.5 million for related issues, indicating a broader concern within the industry regarding compliance with gambling regulations [5]