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According to the Las Vegas Review-Journal, Resorts World Las Vegas has laid off scores of workers. This action comes after the Nevada Gaming Control Board (NGCB) imposed a regulatory penalty.
Less than 50 full-time employees would be impacted by the company’s personnel reduction, which was confirmed in a statement. According to Resorts World, the reorganization was a calculated step to set up the business for long-term success.
“We appreciate the contributions all affected team members have made,” the company stated. “This decision is part of our ongoing efforts to optimize efficiency and maximize the exceptional experience we seek to deliver to our guests.”
The layoffs occurred within 24 hours of the company facing disciplinary action from state regulators. Alongside its parent company, Genting Berhad, Resorts World Las Vegas is scheduled to appear before the Nevada Gaming Commission to respond to the allegations.
The NGCB’s 10-count complaint, filed last August, accused the casino of violating anti-money laundering regulations. The board also alleged that the resort allowed individuals with ties to illegal bookmaking and federal felony convictions to gamble at the property.
To settle the matter, Resorts World and its affiliates could face a $10.5 million fine. If approved, this would become the second-largest fine ever imposed by Nevada gaming regulators.
Despite the challenges, Resorts World remains committed to enhancing operational efficiency. The company believes the restructuring will allow it to deliver an exceptional guest experience while maintaining compliance with regulatory standards.
Resorts World Las Vegas, a prominent property on the Strip, continues to operate as it navigates these legal and financial hurdles. Industry stakeholders will closely monitor the upcoming hearing, as the outcome could set a precedent for regulatory enforcement in the state’s gaming sector.