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Las Vegas Sands Investigated for Money Laundering

Casinos handle lots of money and high rollers are expected to bring a lot with them when they come to as casino. The federal government is investigating whether Las Vegas Sands, which operates the Venetian, was lax in checking the sources of its high rollers' funds. Experts say the case could change the high roller business model because it would cut out gamblers who could not prove their money was clean.

 

GUEST

Alexandra Berzon, reporter, Wall Street Journal

 

LINKS

Reuters: Las Vegas Sands target of U.S. money-laundering probe, WSJ says

 

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