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Business & Deals

Wynn Resorts Settles $130 Million Forfeiture with DOJ, Closing Chapter on Foreign Betting Practices Investigation

Wynn Resorts has reached an agreement with the U.S. Department of Justice to forfeit $130 million, concluding a lengthy investigation into unlawful foreign betting practices. The settlement, announced on Friday, addresses criminal allegations that Wynn Las Vegas, the company’s flagship property, collaborated with unlicensed money transmitting entities worldwide