FinCEN Issues Assessment after Court Approval of FinCEN’s settlement with Desert Palace, Inc. d/b/a Caesars Palace

On October 19, 2015, the United States Bankruptcy Court for the Northern District of Illinois approved the Financial Crimes Enforcement Network’s (FinCEN’s) settlement with Desert Palace, Inc. d/b/a Caesars Palace. FinCEN had previously announced the settlement, noting that it was subject to bankruptcy court approval. The Assessment may be found here.

In addition, on September 17, 2015 the Nevada Gaming Control Board executed a $1.5 million settlement and order with Caesars Entertainment Corporation.

FinCEN Director Shasky Calvery is grateful to the United States Attorney’s Office for the Northern District of Illinois for representing FinCEN in the bankruptcy litigation.