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Nevada gaming regulators have fined Caesars Palace $7.8 million for failing to comply with anti-money laundering rules.

Caesars Entertainment, Inc. and Caesars Palace agreed to pay a $7.8 million settlement after a money laundering complaint was filed.

Company ‘embarrassed’ by connection with illegal bookie, accepts $7.8M fine. Read more from The Nevada Independent.

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State investigators identified years of compliance failures related to Caesars' handling of illegal bookmaker Mathew Bowyer.

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