The Venetian Las Vegas Fined $7.2 Million for Mathew Bowyer Gambling Scandal

The Nevada Gaming Commission fined The Venetian Las Vegas $7.2 million for failing to stop Mathew Bowyer from gambling from 2019 to 2021. The Venetian is operated by Global Management, which purchased the resort from Las Vegas Sands in 2022.

The fine comes after a series of similar penalties imposed on other major Las Vegas casinos, including Caesars Entertainment, Wynn, Resorts World, and MGM Resorts, all related to Mathew Bowyer. The total amount paid out by Las Vegas casinos for accepting Bowyer’s bets now stands at almost $40 million.

The Venetian is the lone major Strip operator that had gone unscathed from gaming regulators until now. The Nevada Gaming Commission alleged that Mathew Bowyer ran “unsuitable” activities in Las Vegas casinos, making “cash front” deposits involving millions of dollars.