Zenoo Compliance Brief
Nevada regulators fine Caesars, MGM, Resorts World $27m for AML failures
Plus, BIS fines Applied Materials $252m for illegal semiconductor..., OFAC fines State Street $7.5m over Russian sanctions screening..., OFAC amends Russia license for Lukoil sale negotiations.
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 this edition
- Three Vegas giants couldn't spot a convicted bookmaker hopping between their casinos for four straight years.
- Applied Materials spent years lecturing the industry on chip integrity, then shipped to China without licences.
- State Street manages $46 trillion and still couldn't manage its Russia sanctions list.
- OFAC just told Wall Street it's allowed to shop for Lukoil's overseas crown jewels.
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