LAS VEGAS (KLAS) — A Las Vegas Strip resort announced Wednesday it laid off nearly 50 employees as part of ongoing efforts to “optimize efficiency,” a statement said.
A Resorts World Las Vegas spokesperson released the statement Wednesday saying that the layoffs were in an effort to “maximize” the experience it gives to guests.
The statement read in full:
“To best position the company, we have made the difficult decision to restructure a portion of our operations by less than 50 full-time team members. We appreciate the contributions all affected team members have made. This decision is part of our ongoing efforts to optimize efficiency and maximize the exceptional experience we seek to deliver to our guests.”
The layoffs come as Nevada gaming authorities seek a $10.5 million fine against Resorts World and its parent companies, according to a March 20 news release.
An amended complaint filed by the Nevada Gaming Control Board (NGCB) against Resorts World and Genting Berhad alleges “unsuitable methods of operation” in connection with illegal bookmakers Mathew Bowyer and Damien LeForbes. The investigation described a culture of money laundering at the casino.
The fine would be the second-largest in Nevada history, behind a $20 million fine assessed against Wynn Resorts in February 2019 for failing to properly investigate sexual harassment allegations against former CEO Steve Wynn.
The proposed settlement between the state and Resorts World is on the agenda for approval at the Nevada Gaming Commission’s meeting on March 27. The settlement also addresses “wholesale changes” to executive leadership at Resorts World, according to the NGCB news release.