Las Vegas Sun

April 16, 2024

Wynn Resorts official disputes report of money-laundering probe

Wynn Resorts spokesman Michael Weaver disputes a report the company is under investigation for breaking money-laundering laws.

Weaver issued a statement Thursday after The Wall Street Journal citing unnamed sources reported multiple agencies including the Justice Department, Internal Revenue Service and Drug Enforcement Administration were investigating the company.

A spokeswoman in the U.S. Attorney's Las Vegas office declined to comment.

The report references an IRS letter sent to a Wynn attorney asking for personal details about the casino's high-rollers between 2011 and 2013 and the company's policies to prevent money laundering.

Weaver says an agency's request for information in no way implies wrongdoing.

He says the company is not aware of being under any investigation and is in constant dialogue with regulators on a variety of matters.

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