Zenoo Compliance Brief
Nevada regulators fine Caesars, MGM, Resorts World $27m for AML failures
Plus, BIS settles with Applied Materials over illegal China exports, OFAC fines State Street $7.5m for Russian sanctions breaches, and OFAC amends GL 131E for Lukoil transactions.
23 March 2026 · 4 min read
Three major Nevada casino operators are out nearly $27 million after regulators found systemic AML lapses that let a convicted bookmaker gamble undetected. The failures underscore why compliance teams can't outsource due diligence to technology alone. Today we're also tracking enforcement heat across exports, sanctions evasion, and the ongoing Russia playbook. Your read for the morning commute.
In today's brief
- 1 How did a convicted bookmaker bypass compliance at three major Strip operators simultaneously?
- 2 What Applied Materials' $252m BIS penalty reveals about export control enforcement gaps
- 3 What State Street's Russia violations reveal about custodian bank sanctions architecture
- 4 Does OFAC's Lukoil carve-out signal wider flexibility on Russia asset disposals?
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