The Nevada Gaming Control Board (NGCB) and Caesars Entertainment have entered into a proposed settlement which may see the operator pay a fine of $7.8m for alleged "unsuitable methods of operation" stemming from illegal bookmaker Mathew Bowyer.
A formal complaint was filed for activities carried out by Bowyer at Caesars Palace in Las Vegas, as the $7.8m fine would be payable to state's General Fund, while "specific conditions" are set to be placed upon Caesars' gaming approvals.
The Nevada Gaming Commission is scheduled to consider the settlement for approval as part of its monthly meeting on November 20, at which time Caesars counsel members and the Nevada Attorney General's Office will explain the terms of the proposed settlement.
Caesars would also have to perform various remedial measures to help counteract future anti-money laundering (AML) violations, such as enhancements to the operator's AML program and additional training and employee awareness of such requirements.
The NGCB also reached agreement on a settlement with Resorts World Las Vegas in March 2025 for similar activities carried out by Bowyer and fellow illegal bookmaker Damien LeForbes.
According to a plea agreement with federal authorities, Bowyer employed agents and sub-agents, including casino hosts, who worked for the illegal gambling operation and were paid a portion of the losses that bettors incurred.
The fine paid by Resorts World Las Vegas represented the second-highest penalty ever handed down by the NGCB at the time of agreement.
Former President and COO Scott Sibella was dismissed from his role in September 2023 after being found to have violated federal anti-money laundering rules throughout his tenure.
Nevada Governor Joe Lombardo announced former Gaming Arts CEO Mike Dreitzer as the NGCB's new Chairman in April 2025, having officially assumed the position on June 23