thisweekingambling.com
Caesars reveals money-laundering probe • This Week in Gambling
iGaming Business – Land-based gaming operator Caesars Entertainment is the subject of a federal money-laundering investigation and probes in two US states, it has emerged. According to Bloomberg, Caesars pulled out of a project in Boston and ended a hotel-licensing deal in Las Vegas after Massachusetts investigators recommended denying a permit. The Massachusetts officials cited matters related to Caesars Interactive chief executive officer Mitch Garber, the former CEO of PartyGaming, as a reason for its decision. PartyGaming took US bets prior to the passing of the 2006 Unlawful Internet Gambling Enforcement Act (UIGEA). The report by Massachusetts gaming investigators noted...
This Week in Gambling