One of the largest casino operators on the Strip has agreed to settle a regulatory complaint stemming from its involvement with an illegal bookmaker.

Caesars Entertainment will pay a $7.8 million fine and implement enhanced anti-money laundering controls, according to a stipulation for settlement filed Thursday with the Nevada Gaming Control Board and Nevada Gaming Commission. Regulators will consider approving the settlement at a public meeting on Nov. 20.

In a complaint filed the same day, as the stipulation of settlement, state gaming officials allege to have found “instances of failures of control,” in allowing Mathew Bowyer, a since-convicted illegal bookmaker, to gamble at Caesars Palace and other Strip casinos operated by Caesars Entertainment for a period of more than seven years

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