Caesars Palace in Las Vegas is being fined $9.5 million by federal and state regulators for not taking steps to prevent money laundering in the casino.<br />The U.S Treasury's Financial Crimes Enforcement Network announced Tuesday that the agency had settled its investigation into the casino for $8 million.<br />Nevada Gaming Control Board Chairman A.G. Burnett says the state agency plans to levy its own $1.5 million fine against the company in a separate settlement.<br />The federal agency says Caesars Palace willfully and repeatedly violated the Bank Secrecy Act, including allowing high-rollers to gamble millions anonymously in private areas of the casino.
