"Wynn Las Vegas, a subsidiary of Wynn Resorts, on Friday signed a non-prosecution agreement with the U.S. Attorney's Office for the Southern District of California and the U.S. Department of Justice to end an investigation. Wynn agreed to forfeit $130.1 million in funds involved in the transactions in exchange for not being prosecuted, the company said."


https://www.reviewjournal.com/business/casinos-gaming/wynn-resorts-to-forfeit-130m-in-deal-with-feds-over-illegal-transactions-3164522/

that's interesting. It seems like there may be a little more to this story.

Hopefully Wynn Casinos are not forced to sell a couple vehicles from their 11-car Rolls Royce fleet(Shown in the following 3minute link).

https://www.youtube.com/watch?v=pdDniZCIm5Q&t=8s

On a side note here about The Wynn casino in Vegas.  I never had any problems whatsoever depositing and withdrawing of Front Money at the tables, except for The Wynn. 

I was in Vegas several years ago and a close California friend, that usually stays at The Wynn was there playing and I popped in.  I quickly gave Front Money, signed a CTR and got ID'd, etc., etc., at that one person VIP cash counter right there adjacent to their bac tables. 

At the table, I signed the slip of paper to withdraw half of my deposit and the pit manager looks on the computer, nothing.  He proceeds to call the lady at the counter that did my transaction and I also gave him my receipt.  Still nothing.

Now I am aggravated and frustrated.  My buddy told the guy, that knows him well to give me what I wanted, hold my receipt and let's get the shoe on the road.  He said he couldn't.  So my buddy gives me what I wanted in his chips and another floor manager came over and asked my friend not to do that. 

My buddy told them they are being ridiculous and we are going to play.  We did.  Of course I lost pretty quick.  Finally the pit said it's all figured out now and I can have withdrawals from my account. 

I told them forget it, I will go back to the Belligo and Caesars where they don't play games with Front Money deposits. 

that's interesting re:Wynn and issues with depositing Front money.

*I've only had an issue with Front money one time in my life.
It was a small group of indian casinos within the same tribe. I play regularly at three and sometimes five of their casinos in any 1--2 week period. I had spoken with the person in charge (in person) and (by phone) at their main casino explaining my objective.

So a couple days later I had sent 25K to the main(&largest) of their casinos via eCheck. So approx a week later I was at one of the satellite casinos in the same region and part of the state. I asked for a marker (of 4K in chips)at the cage/they didn't show I had anything on deposit. After I showed them my receipt they informed me I could only withdraw from the main cas where I had sent the Front money.
However, they said I could do an ACH transaction from my bank for 5K but it would cost $57 per 5K. Of course, I informed them (in a mostly tactful manner) that wasn't going to happen. Besides being nonsensical (To pay $57 per 5K), I banked at a small Federal Credit Union that didn't do ACH transactions on their network and I would have only been able to send an eCheck(2-3 days).

Anyway, the bottom line is they allowed me to do a withdraw from my debit card and then credited the fee back to my players card(as free play)  and gave me a $25 food voucher. They apologized for the hassle and for wasting about 45 minutes of my life.

I wasn't irritated about their policies (Their house their rules). However, I was irritated by the fact I had originally explained very clearly to them exactly what I wanted to accomplish and even told them which Bank I would be sending from, which casinos I would be playing, and the exact amount I would be withdrawing, ...etc.


Continued Success,

I saw the following story re: Wynn

"wynn-using-special-stock-offering-to-recover-from-131m-forfeiture"

"The company on Tuesday announced issuing $800 million in senior notes at 6.25 percent due in 2033."


    I can't help but think there is a better ROI(& safer) investment out there vs their offering of 6.25% for 9 years.


https://www.msn.com/en-us/money/markets/wynn-using-special-stock-offering-to-recover-from-131m-forfeiture/ar-AA1qsmIp