Nevada Gaming Commission approves $5.5 million settlement with Wynn Las Vegas over unlicensed money transfers and related failures

The Nevada Gaming Commission on Thursday approved a stipulated settlement with Wynn Las Vegas LLC that resolves a complaint tied to a federal non-prosecution agreement (NPA). Under the agreement approved by the commission, Wynn admits the facts in the complaint, will pay a $5,500,000 administrative fine to Nevada and must maintain specified enhancements and ongoing reporting tied to its anti-money‑laundering (AML) and third‑party payments controls.

The commission and the Nevada Gaming Control Board (NGCB) presented a complaint alleging that from 2014 onward Wynn, through some employees and certain third‑party independent agents, became involved in the transmission of funds through entities that did not register as money‑transmitting businesses under 18 U.S.C. §1960. The federal NPA — entered between the U.S. Attorney’s Office and Wynn and provided to the commission during the hearing — resolved the federal matter through forfeiture (disgorgement) and standards of remediation; the NPA did not result in criminal conviction for Wynn. The NPA and the board’s complaint detail multiple categories of conduct the government investigated, including international wire transfers handled through third parties, instances described to investigators as proxy or “human‑head” betting, and cases in…