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Caesars to pay US$20m penalty to government

Source says agreement will settle both charges over anti-laundering lapses and Treasury's civil allegations

Published Sun, Aug 23, 2015 · 09:50 PM
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St Louis

CAESARS Entertainment Corp has agreed to pay US$20 million to settle US charges over anti-money laundering lapses and will enter into a deferred prosecution agreement with the Justice Department, says a source familiar with the matter.

The US$20 million penalty, which could be announced in the next several days, will…

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