By PAUL O’DONOGHUE, Senior Correspondent
MGM Resorts has agreed to pay $8.5 million to settle allegations that it failed to prevent illegal bookmakers from using its casinos to launder money, according to a complaint filed by the Nevada Gaming Control Board (NGCB).
The case stems from actions by former MGM Grand President Scott Sibella, who allowed illegal bookmaker Wayne Nix to gamble with illicit cash at MGM Grand and The Cosmopolitan.