TLDR Nevada Gaming Commission approved a $7.2 million anti-money laundering fine against The Venetian Resort Las Vegas The penalty is the fourth tied to illegal bookmaker Mathew Bowyer since early 2025, bringing total fines to $34 million Two commissioners recused themselves from the vote due to past connections to the case Current owner Apollo Global Management says most of the misconduct happened while Las Vegas Sands owned the property Commissioner Brian Krolicki said he wished former Sands management had been present to answer questions
The Nevada Gaming Commission approved a $7.2 million fine against The Venetian Resort Las Vegas on Thursday. The penalty addresses anti-money laundering failures connected to illegal bookmaker Mathew Bowyer.
This marks the fourth AML fine tied to Bowyer since the start of 2025. Resorts World, MGM Resorts, and Caesars Entertainment have all faced similar penalties.
Together, the four cases add up to $34 million in fines. Regulators say each casino failed to properly check Bowyer’s source of funds or ban him from their properties.
The Venetian was sold to Apollo Global Management in 2022. Before that, Las Vegas Sands owned the property during most of the period when the violations occurred.
Commissioners Step Aside From The Case
Two of the five commissioners recused themselves from the vote. George Markantonis served as president of The Venetian during the time of the investigation.
Richard Schonfeld, a defense attorney, said he represented someone connected to a related case. He did not name the person during the meeting.
The three remaining commissioners criticized the casino’s compliance failures. Still, they approved the settlement without objection.
A senior deputy from the attorney general’s office told commissioners the board found no proof that senior executives knew about Bowyer’s activity. He said the case did not involve a broader pattern of