Is Nevada’s ‘gold standard’ of gaming regulation in jeopardy after money laundering cases?

Sibera's decision was a restless feeling of Money Ministry, which has enhanced the management of reverse reports for casino equipment, 17 years ago.

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In the summer of 1961, when Nevada Governor Grant Seoiser went to Washington to prevent the federal government's shock units from occupying all large gambling fabrics in Reno and Las Vegas, Nevada has a legitimate casino. It was the only state to have.

In 1993, UNUSUAL INUSUAL INUSUAL INSTITUTE PROGRAM OFFICE, as mentioned in his uplifting situation, "Hang Tough," said Robert F. Kennedy Ceremony to Nevada's "illegal strip."

"Bobby's plan does not make any political meaning," said Sawyers in 1959, creating a tw o-step system to adjust gambling in Nevada, which is still applied today. He opposed Kennedy's view that "all the people who live in Nevada and those who come to Nevada are falling."

The next day, Souer met President John F. Kennedy and explained that Raider's attack would not be enough. "He didn't have any promises, but no attack was made," said Souer.

The top of Sois and Gambling companies believed that the federal government did not need to monitor the Casino Development Industry in Nevada.

However, in 2007, when the expansion of casinos was depriving a certain number of states, US money has strengthened the majority of casinos for economic activities. Nevada's coaching authorities determined that it was necessary to change the adjustment structure of the state, and kept the si x-A status of the casino's request for a monetary work.

As a result, the role of the Nevada Gaming Management Committee has been substantially changed, and the Federal Investigator has the right to examine si x-digit and seve n-digit currency activity in the state casino.

For 17 years, in addition to the Federal Prosecutor, Nevada's regulatory authorities, which have been determined to be such a change last week, have been exempted from prison decisions and found that he is guilty of himself. The punished Federal Court, and later, the illegal sports bookmaker, in 2017, in 2017, when gambling players violated the federal government's standards for money laundering, $ 120.

The unity of Sibera's Federal Professor, the Federal Professional, and the Federation of $ 9. 500 ended with the "Gold Standard" of the Gamble Industries in Nevada-Industry-Regulatory Officer, State Council, and Gaming License The owner. However, some people think that they have ended the terms that are often used to explain the long rule of Nevada as the center of legal gambling.

"We have abandoned regulatory authority," said former gambling regulatory officials. Many of these former gambling regulators have been licensed or regularly testified in front of the state gambling regulation, so many are anonymous to freely speak Nevada Independent paper. He is one of the casino industry officials.

"The Ministry of Finance is talking about these surveys.

It is exactly unknown when the director's committee learned about the federal government survey on Sibera. When Sibera obtained a license for the resort World Las Vegas in March 2022, the members of the Board did not know the survey.

More than three months after the announcement of the judicial trading with the Federal Prosecutor's Office, on April 30, about seven years after the violation occurred, the Gaming Regulation Authority in Nevada last September last September. He submitted three complaints based on the same charges to Sibera, who was fired. Sibella is expected to have a large fine and a gambling license.

The management committee's response to Sibera is unpopular with many gambling industry and observers, and Nevada seems to have missed a chance.

"A gambling industry was always the goal of not having the FBI intervene in our business. I don't know how to fight against public opinion. "

MGM Grand Las Vegas and Strip District, which will be lit up on August 24, 2023. (Jeff Scheid/The Nevada Independent)

Hundreds of dollars fines

Currently, more than half of the country and tribal casinos are regulated in more than tw o-thirds of the states.

Many states, including Nevada, have welcomed the federal government's support for money laundering and suspicious transactions. In the mi d-2000s, the Ministry of Finance's Financial Criminal Control Network (Fincen) expanded its tracking of large cash transactions in casinos. This change has eliminated the need to submit separate reports for different casinos and different states.

Nevada's casino owner is obliged to submit a report of more than $ 10, 000 to gaming control boards. However, at that time, regulatory authorities stated that this process was burdened for Nevada's gambling operators with casinos in multiple states.

"We have to accept this conclusion, but in order to show that 6 A-state is very valuable and worked well for a lon g-term period," regulatory authorities in 2006. When he unanimously voted in September, the lon g-standing chairman of the Pit Bernhard Gamble Committee had been canceled 21 years ago.

Dennis chairman of the Administration Committee said, in accordance with the Federal Rules, the standard savings would be a problem for agent.

Since the postponement of the suspension, the federal authorities punished Nevada's gambling company for inadequate the money laundering method, which led to the stat e-level disciplinary procedure.

In 2013, Las Vegas Sands was the highest rate and player after a large amount of suspicious deposits in Venetian in 2006 and 2007, and then to avoid the player's criminal liability. , Agreement with the Federal Prosecutor's Payment of $ 47 million.

Three years through Nevada's Gambling regulation authorities, they have granted complaints about Las Vegas Sands based on the federal configuration, agreed to pay $ 2 million.

In 2015, Caesers Entertainment paid $ 8 million civil punishment to the federal authorities for multiple violations of the Bank secret law, which actually received a transaction received from Asia via the separation-for example. , It was a distrustful energy that was managed to manage large-scale electrical translations. The company paid a fine of $ 1. 5 million in Nevada for a week, and then decided to make a major transaction with legal authorities.

In 2016, the ASKAGA-Family made a fines of $ 1 million, because the Sparks Nugget owner submitted complaints in accordance with bank confidentiality in the past, and the resort intentionally ignored the law on fighting with money laundering. "Before the casino is implemented in 2013, during its own work". Nevada's Gambling regulation authorities did almost nothing because the clan no longer dominated resorts in northern Nevada.

In the large transactions with Sibera, the Federal Prosecutor, MGM Grand Las Vegas, Las Vegas Cosmopolitan, and the strip involved in this case, through their money laundering prevention programs. He said he agreed to pay $ 7. 45 million to the Sobo Cup, which should be paid for default.

According to the line, Nevada's gambling regulatory authorities will also file for a disciplinary procedure to the casino and demand a heavy fine.

"The discussion has been going on since Sibera's guilty answer," said a legal person.

Former Resorts World Las Vegas, President of Las Vegas, who spoke at a meeting of the Las Vegas Gambling Committee on March 2, 2022. (Daniel Clark/ Nevada Independent paper)

No problem Sibera

One month before the opening of the resort, Sibera had a limited license in Nevada as president of the $ 4. 3 billion resort World Las Vegas in May 2021.

At that time, the national surveys were not completed on Sibera and Gentin Bellhad in Malaysia, and many regulations remained by COVID-19. The survey was still ongoing for specific people, including Gentin's K. T. Lima Chairman K. T. Lima. The members of the Board of Directors said that it was not a big problem to delay the opening of the resort.

According to the management committee's sources, there were no signs of Sibera in 2021. In March 2022, Sibera and Gentin executives obtained a full gaming license from the management committee and committee.

However, less than a month after obtaining a license, the Judge Committee has a relationship between Sibera and the convicted valid crime of Brandon Satler and a resort restaurant (Tacos El Cavlon). I started investigating.

When asked the members of the Jury, Britney Watkins, questioned at the license hearing when asked about receiving a summoning letter to Sibera to testify to testify for Satler in a millio n-dollar bankruptcy fraud lawsuit. It was done. Watkins did not touch Satler in the question, and the summoning was later withdrawn. Satler claimed that he was actually working in Tacos El Cavlon.

"I think there are people who are investigating scams, but he gave my name and said I knew that person. I have met this person twice. I have never worked in the resort world.

Nine months later, two new members joined the Gaming Control Committee. The chairman Kirk Hendrick has been a gaming lawyer for many years, is a UFC legal agent, and George Assad is a former Las Vegas court judge.

One month after Hendrick and Assad join the Board of Directors, Sibera's investigation was completed. The Board took an unusual measure to comment on this matter.

"As a result of the strict survey by the Gambling Council of Nevada, the suspicions were ... recognized that the resort world and their highest executive officer Sibera were unreasonable," Handrick's office. The statement from the management council has stated.

Assad quoted what the statement was in the printing publishing Las Vegas Review Journal.

Two months ago, during regular hearing on extension of MGM Resorts International Licensing to Interactive Gaming, Asad said that the giant casino did not properly arrange cash transfer. At that time, he criticized the decline in the company's reduction promotion, questioning the company's before and the current management.

Gambling officials are concerned that this remark could bother MGM other than Nevada.

"You are basically an obligation to record that all other jurisdictions will start operating in the same mode when you prepare something that actually affects their license." The key said. < SPAN> "The strict survey by the Gambling Council of Nevada, the suspicions were ... Resort World and their highest executive, Sibera, were recognized as irrational." A statement from the management council from the office has stated.