"Nevada gaming regulators voted to fine Caesars Palace $7.8 million Thursday over failing to comply with anti-money laundering rules, settling a case that centered on an illegal bookmaker with ties to the former interpreter for the baseball star Shohei Ohtani. The Nevada Gaming Control Board alleged that Caesars Palace failed to verify bookmaker Mathew Bowyer's source of funds as he gambled millions of dollars between 2017 and 2024, despite suspicions being raised on several occasions and an anonymous tip that Bowyer was a bookie."
"Bowyer pleaded guilty to federal charges in 2024, which included running an illegal gambling business and money laundering. Prosecutors said Bowyer took bets from hundreds of people, including Ohtani's former interpreter, Ippei Mizuhara. Mizuhara - who translated for the Japanese athlete - was sentenced in federal court earlier this year to five years in prison for bank and tax fraud after he stole nearly $17 million from Ohtani's bank account."
Nevada gaming regulators imposed a $7.8 million fine on Caesars Palace for failures in anti-money laundering compliance linked to bookmaker Mathew Bowyer. Regulators said Caesars did not verify Bowyer's source of funds while he gambled millions between 2017 and 2024, even after suspicions and an anonymous tip. Caesars executives acknowledged system failures and agreed to enhanced compliance measures and staff training as part of the settlement. Bowyer pleaded guilty in 2024 to running an illegal gambling business and money laundering. Ippei Mizuhara was sentenced to five years for bank and tax fraud after stealing nearly $17 million.
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