Resorts World Las Vegas Fined $10.5M by Nevada Gaming Control Board

Proposal for settlement comes after Resorts World allowed high-stakes betting by those with prior convictions for illegal gaming and money laundering.

Ziv Chen - News Editor at Covers.com
Ziv Chen • News Editor
Mar 21, 2025 • 12:23 ET • 4 min read
Resorts World Las Vegas, with Hilton, Crockfords and Conrad Hotels, on the strip in Las Vegas, known for casinos and world-class entertainment such as Fountain of Bellagio, The Strip and Fermont Street. (Photo by DPPA/Sipa USA)
Photo By - SIPA

Resorts World Las Vegas (RWLV) will be fined $10.5 million in connection with a lawsuit brought by the Nevada Gaming Control Board (NGCB).

This resolves serious charges that the property enabled illegal gaming activity linked to individuals with criminal backgrounds, including the bookmaker who took illegal wagers from MLB star Shohei Ohtani’s interpreter and placed bets at Resorts World. 

The deal follows a sweeping NGCB probe that revealed multiple regulatory breaches. The Nevada Gaming Commission will formally consider and approve the deal at its next session. Upon ratification, RWLV will be required to settle the penalty within two business days. 

“Resorts World Las Vegas has reached a pending settlement with the Nevada Gaming Control Board,” a spokesperson for Resorts World Las Vegas said in a statement. “We look forward to the Nevada Gaming Commission considering the settlement and ultimately resolving this matter.”

Based on the complaint filed by the NGCB, Resorts World allowed high-stakes betting by those with a prior conviction of federal crimes, including illegal gaming and money laundering. The investigators concluded RWLV fell short of fulfilling its fiduciary obligations under the Nevada Gaming Control Act and that its inactions or actions jeopardized the reputation and integrity of the state gaming industry. 

Among the findings was the casino's failure to adhere to anti-money laundering (AML) protocols. Regulators noted that the resort's internal compliance mechanisms either ignored or circumvented red flags, allowing barred or high-risk players to gamble without adequate vetting or enforcement. The case raised broader concerns about systemic shortcomings in the property's regulatory compliance system. 

The key individuals named in the complaint are Mathew Bowyer, Edwin Ting, and Chad Iwamoto – each of whom has a history of convictions for illegal gambling operations. These men, who are convicted criminals, were reportedly allowed to wager significant sums at the resort. 

More punishments possible 

The NGCB also included Nicole Bowyer, Mathew Bowyer's wife and a duly registered agent of RWLV, in its disciplinary action. She faces a possible lifetime ban from Nevada gaming properties. 

Rather than fight the charges in a contested hearing, RWLV resolved the matter through an agreement. As part of the settlement, the resort will overhaul its AML systems, implement updated training for registered agents, and maintain tighter compliance records. These remedial measures must be completed within 60 days of the Gaming Commission's final ruling. 

The settlement also imposes regular regulatory oversight. RWLV's internal audit department must report periodically on the status of its AML upgrades. Additionally, the resort must notify the NGCB if it becomes the subject of any criminal or regulatory investigation by other jurisdictions. Notably, the current compliance department must be left intact throughout this oversight period. 

RWLV indicated that it had begun reviewing and sharpening its AML practices in 2023 before filing the complaint. Among these measures, the property has supposedly taken stronger internal measures and barred people with prior convictions for gambling crimes from visiting the casino. 

The scandal also occurred when the resort's leadership was changing. Former president and chief operating officer Scott Sibella departed in 2023 and later had his gaming license revoked by the commission. After his departure, Alex Dixon was named CEO and Carlos Castro assumed the positions of COO and CFO. 

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Ziv Chen
News Editor

Ziv has been deep in the iGaming trenches for over 20 years, long before most people could spell "geolocation compliance." With a background in marketing and business development at some of the biggest names in gambling tech, Ziv knows the industry from the inside out. Since joining Covers, he's turned his sharp eye (and sharper keyboard) toward everything happening in the fast-moving world of online gambling. Whether it's new state launches, the latest twists in regulation, or what the big operators and game providers are cooking up next, Ziv breaks it all down with clarity, context, and just the right amount of snark. He covers the business side of betting, from affiliate trends and revenue reports to the tech powering your favorite slots. His motto in writing is “let’s make it make sense without putting you to sleep.”

When he’s not tracking gambling legislation or looking for the next breaking story, Ziv is living and dying with every pitch and play from his beloved Pittsburgh Steelers, Pirates, and Penguins. As a Pitt graduate, it’s a city loyalty forged in heartbreak, but one he wouldn’t trade for anything, except maybe a few more playoff wins.

When away from the keyboard, Ziv loves to hit the road and soak up the energy of casinos. Whether strolling the neon jungle called the Vegas Strip, or wandering into a smoky riverboat casino in the Midwest, Ziv’s in his element. He’s the guy chatting with players, blackjack dealers, and asking pit bosses way too many questions, all in the name of “research,” of course. The casino floor isn’t just his workplace, it’s a weird and wonderful ecosystem of flashing lights, wild characters, and pure sensory overload, and he wouldn’t have it any other way.

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