Even disclosures about potential violations
of gaming license and concession rules in Las Vegas, Massachusetts, and Macau are more focused on things like illegal gambling, money laundering, and debt collection rather than sexual misconduct.
Again, I'm not predicting regulators will strip Wynn
of his gaming license, but in a highly regulated environment, when one man holds so much power in a company, these are consequences investors need to consider.
The regulator, which is chartered to ensure «public confidence in the integrity
of the gaming licensing process,» started an inquiry.
Not exact matches
«The popularity
of competitive
gaming continues to grow around the world, and NBA 2K16's Road to the Finals is a great way to bring passionate gamers together,» says Matt Holt, the NBA's vice president
of licensing.
Of that, $ 24.9 million was from brand
licensing — largely related to the movie, which will get a sequel in 2019 — but
gaming revenue was still up 65 %, reaching $ 61.3 million for the quarter.
The Attorney General did not merely label them gambling operators — as Nevada's
Gaming Control Board ruled last month, offering the companies the chance to apply for gambling
licenses — but accused them
of being «the leaders
of a massive, multi-billion-dollar scheme intended to evade the law and fleece sports fans across the country.»
The challenge with evaluating the PS3's success is that (unlike freemium stand - alone products) the PS3 isn't a stand - alone product... it's a component
of a larger product (Sony
gaming platform) that includes the console hardware as well as the peripherals, game software, the online service, the royalties generated from
licensing other content (music, ads, etc) and so on.
With the additional role
of cannabis, the Regulatory Services Division has over 300 staff in five offices responsible for
licensing, inspections, background checks, audit, mandatory staff training programs, and criminal / provincial investigations with respect to illegal
gaming, tobacco, and cannabis retailer offences.
We know that regulators in Massachusetts and Las Vegas were taking the allegations
of sexual misconduct seriously, and even a small chance
of losing a
gaming license in either location may have been enough incentive for Steve Wynn to leave.
Massachusetts and Nevada regulators are already looking into the allegations and they could force Steve Wynn out as the operator and major shareholder
of the company if they deem him unfit to hold a
gaming license.
The Group also holds the exclusive
license for
gaming activities in the State
of Nevada and
licenses the owner / operator
of the Hooters Casino Hotel in Las Vegas.
With one
of the largest selections
of games and a
license from Malta, where better to start than VeraJohn Casino who make the
gaming experience fun while offering various promotions and exciting features to emerge as the best spot for your casino needs.
Ladbrokes Betting &
Gaming Ltd. is
licensed (licence no. 1611) and regulated by the British Gambling Commission for persons gambling in Great Britain and LC International Limited, Suites 6 - 8, 5th Floor, Europort, Gibraltar, is
licensed (RGL Nos. 010, 012) by the Government
of Gibraltar and regulated by the Gibraltar Gambling Commissioner.
Paddy Power Games is
licensed and regulated by the Isle
of Man Gambling Supervision Commission, ensuring responsible and fair play
gaming experiences for its customers.
Once, not so long ago, fans
of fantasy, sci - fi,
gaming and the like had to get their fixes not on
licensed products in the toy and clothing aisles
of Target, but in suburban rumpus rooms bedecked with pewter figurines.
The casino said it wasn't able to meet projections in its first year
of operation because
of an uneven playing field which didn't exist when it won its
gaming license.
The Oneidas have raised sustained objections and filed a legal challenge to Lago receiving one
of the three commercial casino
gaming licenses in the first phase
of construction.
As expected, state
gaming regulators on Tuesday approved a casino
license for the Tioga Downs Casino in the town
of Nichols — adding a fourth casino to upstate New York.
The Massachusetts
Gaming Commission is on track to award a casino
license to one
of three competitors in the region by April 2014.
«On behalf
of my family, everyone at Wilmorite and our Lago Resort & Casino partners, employees and supporters, I want to thank the New York State
Gaming Commission for the trust they have shown in us,» Wilmot said in a prepared statement issued seconds after the commission unanimously approved the
license in New York City.
Cuomo said they
licensed new
gaming to create jobs and generate economic development, which he said it's done just in the construction
of the facility.
(WBNG)--
Of the four casinos recently awarded full -
gaming licenses by New York State, Tioga Downs was the first to open.
After a year
of planning, yesterday it was made official: the New York
Gaming Commission awarded three casino
licenses, including one for Sullivan County and another for Schenectady.
At the same time, Cuomo plans to have the State Liquor Authority and the State
Gaming Commission boost their oversight efforts by revoking the liquor and lottery
licenses of any store found to be selling K2.
The Senecas disputed del Lago's claims, saying, «The owners
of del Lago had unrealistic expectations when they applied for their
gaming license.»
Smaller gambling developments proposed in economically strapped areas should be able to compete with resort projects proposed by big - name companies in more affluent areas, the head
of the state
Gaming Commission said
of the contest to win up to four casino
licenses upstate.
The Oneida Indians are conducting an extensive TV and radio campaign urging the state
gaming commission to deny Lago one
of three
licenses that are due to be rewarded by regulators.
The state's
gaming facility location board on Wednesday awarded casino
licenses to project bids in Sullivan County, Schenectady and the town
of Tyre in Seneca County.
More than a dozen
gaming entities are submitting literally tons
of paperwork to state regulators today to vie for casino
licenses in the first round
of siting.
A $ 50 million minimum
license fee would be required to build a casino, with 25 percent
of taxes coming from
gaming revenues
Indeed, the top backers
of New York Jobs Now include mostly casino operators hoping to land a lucrative
gaming license should the amendment pass.
We have in good faith submitted our application to the selection committee, and we are looking forward to the successful award
of a full
gaming license,» said Jeff Gural, CEO and Chairman
of American Racing and Entertainment LLC.
Saratoga Casino and Raceway, part - owned by James Featherstonhaugh, already has plans to expand its operations regardless
of whether it receives one
of the four lucrative
gaming licenses in the first round
of casino construction.
The state Senate on Tuesday confirmed the nomination
of Mark Gearan to be the new chairman
of the state
Gaming Commission — a regulatory body that will consider the
licenses of casino developers in parts
of the upstate region this year.
Gov. Andrew Cuomo, who pushed hard to get Las Vegas - style casinos legalized in New York as a key component
of his plan to revive the upstate economy, plans to visit the three communities that emerged victorious yesterday in the battle for
gaming licenses.
Libous is supportive
of the Tioga Downs casino project proposed by developer and businessman Jeff Gural, but the region was virtually shut out
of the casino business when the state
gaming facility siting board granted three
licenses last month, not four as the state law allows.
Nearly a year after officials named the locations for the first commercial casinos in New York, state regulators have yet to issue
gaming licenses to any
of the operators.
By reducing the
licensing fee from $ 50 to $ 25 million you're reducing that upfront costs which makes this project viable, but the state would recoup every penny
of that fee reduction over a period
of tiem through an increased percentatge
of the
gaming revenue,» said Ossenfort.
Instead, a siting board for the state's
Gaming Commission today recommended New York
license the Lago Resort and Casino, 42 miles west
of downtown Syracuse.
Cahill, D - Kingston, renewed his call for passage
of the bill in December after the state's
Gaming Facility Location Board rejected the Nevele's bid for a casino
license.
Trading Cove and the Stockbridge - Munsee Community
of Wisconsin said Thursday that they will not bid for a state
gaming license in the Sullivan County town
of Thompson.
The
Gaming Facility Location Board chose Empire Resorts» proposal for the Montreign Resort Casino, at the former Concord hotel site in the town
of Thompson, as the lone applicant in the Catskills - Hudson Valley region that will be allowed to receive a gambling
license from the state.
The
Gaming Facility Location Board also recommended
licenses be awarded to the Rivers Casino & Resort applicant in Schenectady and the Lago Resort & Casino developer in the Seneca County town
of Tyre.
Lee Park, a spokesman for the
Gaming Commission, said that it had received no inquiries from the attorney general's office, but that the casino siting process «strictly followed the provisions
of the Upstate New York
Gaming Economic Development Act,» the 2013 law ratified by voters that allows up to seven new casinos to be
licensed in New York.
But Mr. Gural said he did express concern to the investigator about a potential conflict
of interest between a winning bidder and a casino consulting firm used by the board that recommended new
licenses to the State
Gaming Commission.
Bonacic admitted that allowing one
of more non-Indian run casinos to open somewhere in the five boroughs or on Long Island would likely negatively impact the Sullivan County casino approved in the first round
of licenses awarded by the
Gaming Commission as a result
of a 2013 referendum.
On Monday, New York State's
gaming commission awarded three full casino
licenses to the sites that got a recommendation last year, including the Lago Resort in the Finger Lakes town
of Tyre.
Gural, the chairman
of Newmark Knight Frank and the prospective operator
of a casino in New Jersey's Meadowlands, said he was «pleased» that the state's
Gaming Facility Location Board voted Wednesday to allow him to apply for a full casino
license.
«The Division
of the Lottery has concluded that it can not issue a
gaming license to Aqueduct Entertainment Group.
State officials have barred the group from receiving its
gaming license, following weeks
of corruption rumors surrounding Governor David Paterson's selection
of the group for the racetrack and gambling development contract.