(Aug 16): Genting Bhd (KL:GENTING) said on Friday it has sought legal advice after the Nevada gaming regulator filed a slew of complaints that included allegations that it had failed to ban criminals from its Resorts World Las Vegas.
Resorts World Las Vegas LLC (RMLV LLC) — an indirect wholly-owned subsidiary of Genting which operates Resorts World Las Vegas in Nevada — has been “actively working to communicate” with the Nevada Gaming Control Board, Genting said in an exchange filing.
Genting and its unit look forward to resolving the issues raised by the gaming board and “continuing to ensure that business practices at Resorts World Las Vegas meet all regulatory and legal requirements,” the company said.
The complaint against RWLV LLC includes failure to establish the source of suspected bookmakers' funds and to address suspected illegal bookmakers.
The operator of Resorts World Las Vegas is also accused of allowing gaming employees to refer prospective customers to suspected illegal bookmakers, and of using a suspected bookmaker’s spouse as an independent agent.
It also allegedly failed to bar or restrict a convicted illegal gambling operator and a convicted transmitter of wagering information.
The Nevada Gaming Control Board is seeking fines as defined under Nevada Revised Statutes 463.310(4) for each violation of the Nevada Gaming Control Act or Commission Regulations.
It is also seeking action against RWLV LLC's licences and suitability findings and is considering appointing a supervisor to find out if the company’s gaming licence should be revoked or suspended.
In its filing, Genting said the group and RWLV LLC take any suggestion of violations very seriously.
"Genting and its subsidiaries are committed to doing business with the utmost integrity and in line with applicable laws and industry guidelines," the group added.
Earlier, Bloomberg reported on the complaints filed by the gaming board against RWLV LLC, including hosting individuals with ties to organised crime and illegal bookmaking.
The 31-page complaint alleges that the property admitted people with suspected connections to illegal gambling and federal felony convictions, the report noted.
Resorts World is among the newer properties on the Las Vegas Strip, the largest hub for legal gambling in the US. The US$4.3 billion (RM19.16 billion) property opened in June 2021 featuring 3,500 hotel rooms and a 5,000-seat theatre, noted Bloomberg.
“The Nevada Gaming Control Board is committed to protecting the state of Nevada, its citizens and visitors, and Nevada’s vital gaming industry,” the report quoted board chairman Kirk Hendrick as saying in a statement. “All suspected violations of Nevada’s gaming laws and regulations will be fully investigated, and disciplinary action will be filed when warranted.”
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