Caesars Palace fined $7.8M over gambling by bookmaker linked to Ohtani's interpreter [Yahoo! Finance Canada]
Caesars Entertainment, Inc. (CZR)
Last caesars entertainment, inc. earnings: 2/25 04:30 pm
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Source: Yahoo! Finance Canada
The Nevada Gaming Control Board alleged that Caesars Palace failed to verify bookmaker Mathew Bowyer's source of funds as he gambled millions of dollars between 2017 and 2024, despite suspicions being raised on several occasions and an anonymous tip that Bowyer was a bookie. It's the third casino to be fined at least partly in relation to Bowyer's activity; a $10.5 million stipulated fine handed to the Resorts World casino earlier this year was the second-largest ever from the gaming board. Caesars executives said their systems for catching such behavior had failed. “There is no customer that's worth illegitimate profits. We didn't catch Bowyer and we should have,” Tom Reeg, the CEO of Caesars Entertainment, said at Thursday's hearing. Bowyer pleaded guilty to federal charges in 2024, which included running an illegal gambling business and money laundering. Prosecutors said Bowyer took bets from hundreds of people, including Ohtani's former interpreter, Ippei Mizuhara Mizuh
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CZR
News
- Why Caesars Entertainment (CZR) Stock Is Down Today [Yahoo! Finance]Yahoo! Finance
- Caesars Entertainment, Inc. Board Member Don Kornstein Announces Intention to RetireBusiness Wire
- Restaurant Guy Savoy at Caesars Palace Earns Top Ranking from LaListeBusiness Wire
- A Look at Caesars Entertainment's (CZR) Valuation Following Missouri Sportsbook Launch [Yahoo! Finance]Yahoo! Finance
- New York City backs casinos in Queens and the Bronx that would benefit billionaire Steve Cohen and maybe even Donald Trump [Fortune]Fortune
CZR
Earnings
- 10/28/25 - Miss
CZR
Sec Filings
- 12/4/25 - Form SCHEDULE
- 12/3/25 - Form 8-K
- 11/13/25 - Form SCHEDULE
- CZR's page on the SEC website