Gaming Regulator’s Secret Recording Exposes Unsavory Work to Assist Adelson

Gaming Regulator’s Secret Recording Exposes Unsavory Work to Assist Adelson

One of Nevada’s top gaming regulators contacted the FBI after the state’s attorney general, Adam Laxalt, attempted to contact a benefit on behalf of casino magnate Sheldon Adelson.

Nevada Attorney General Adam Laxalt had been thought to be trying to curry favor with the Gaming Control Board on behalf of his big donor that is political Sheldon Adelson, owner of Las Vegas Sands.

The Nevada Independent released a transcript on Tuesday of a March 2016 conversation between Gaming Control Board seat AG Burnett and Laxalt, who during the time was considering a run that is future governor while also facing allegations of ethical compromise.

Burnett recorded the meeting that is in-person the two at a Reno coffeehouse because he thought the request was odd and unsettling. On the guidance of other state officials, Burnett turned the recording over to the FBI soon thereafter, but the federal law enforcement agency found no indications of criminal wrongdoing.

Asking for Adelson

The hastily requested coffeehouse chat ended up being to discuss a high-profile trial that is civil Adelson and his company, vegas Sands. A judge was due to rule in times on a key motion in a wrongful termination lawsuit by Steven Jacobs, former main executive of Sands China.

Burnett resisted the suggestion that he should file an amicus brief with the court, talking about a ‘friend of the court’ legal filing that would notify the cour Læs videre “Gaming Regulator’s Secret Recording Exposes Unsavory Work to Assist Adelson”

Miami Beach Pushes Back Against Casinos, Approves Two Ordinances to Block Gambling

Miami Beach Pushes Back Against Casinos, Approves Two Ordinances to Block Gambling

Miami Beach will probably make it extremely difficult for a casino to have a foothold in the coastal island city. Late last week in a special conference, the town payment voted unanimously in support of two ordinances that would ban all future efforts to get gambling into Miami Beach.

Miami Beach won’t be welcoming a casino to its shores any time in the future, as new city ordinances will block projects that are gambling moving forward.

Though politicians in Tallahassee failed to reach a new gaming compact with the powerful Seminole Tribe during the 2017 legislative calendar, the state senate’s consideration of expanding gambling and authorizing commercial casinos in South Florida has spurred local governments towards taking their very own proactive measures.

Miami Beach first voted in early May to discuss adopting new land-use laws that bar gambling venues within city limits. May 13, the commission ratified two ‘future land use element’ chapters that mandate that ‘All casino and gambling operations … are hereby forbidden in every land use category within the populous City of Miami Beach.’

No Miami (Beach) Vice

Miami Beach is famed for the Art Deco streets, scantily-attired sunbathers, and nightlife that is flashy. But when it concerns gambling, it’s no dice for South Beach residents and site visitors.

The commission cited several reasons for voting to block future gambling projects fr Læs videre “Miami Beach Pushes Back Against Casinos, Approves Two Ordinances to Block Gambling”

Universal Entertainment’s Kazuo Okada Ousted from Philippines Casino for Alleged $17 Million Improper Transfer

Universal Entertainment’s Kazuo Okada Ousted from Philippines Casino for Alleged $17 Million Improper Transfer

Japanese slots maker and gaming magnate Kazuo Okada had been removed as chairman from Manila’s Okada Casino within the Philippines on Monday. It was the second place the 73-year-old billionaire has lost in as many weeks, after allegations that he improperly transferred $17.3 million from chichi casino Tiger Resorts Asia in March of 2015 to Okada Holdings.

Kazuo Okada (left, seen right here in 2004 with his former bestie, Steve Wynn) was ousted as chairman from his Okada Casino in the Philippines this week, as an investigation into real-money-casino.club an allegedly improper $17.3 million transfer continues in that country.

A couple of weeks prior, he was relieved as president of Universal Entertainment Corp., the company he founded that settings both Philippine casinos.

‘As a consequence of the present actions at Universal Entertainment a special stockholders’ meeting of Tiger Resort was convened followed by an organizational conference of this board,’ stated the casino’s press launch. ‘Mr. Kazuo Okada ended up being eliminated as chairman of the board.’

‘Serious Breach of Governance’

The fraud that is potential uncovered earlier this month and Okada was asked for the explanation as to why $17.3 million was taken from Tiger Resorts Asia and put in a company managed by Okada and his son. When he could not satisfactorily justify the deal, Universal hired three external experts to work well Læs videre “Universal Entertainment’s Kazuo Okada Ousted from Philippines Casino for Alleged $17 Million Improper Transfer”

Crown Resorts Looks to market Las Vegas Property for $400 Million

Crown Resorts Looks to market Las Vegas Property for $400 Million

Crown Resorts wants to make a deal for its vacant acreage on the Strip just north of Fashion Show Drive in Las Vegas, but only for the price that is right.

Crown Resorts is offering its land that was supposed to be the home of Alon Las Vegas, and the home comes with some neighbors that are rather prominent.

In late 2016, Crown announced it had been abandoning Alon, a planned casino that is 1,100-room across from Wynn Las Vegas. The hospitality that is australian entertainment conglomerate is currently looking to sell the 34.6 acres where the project ended up being to be built for $400 million.

And the massive listing cost has a caveat: the customer is actually just getting ownership in 18.4 acres, as the remaining 16.2 comes area of the package through a lease. This means each acre completely purchased will be sold at $21.7 million.

CBRE Group, a realty firm that recently executed the Las Vegas Raiders’ land acquisition, is detailing the property. The realtor that is commercial the Alon location warrants the purchase price.

‘This is certainly one of the most exciting properties to become obtainable in vegas in a long time,’ CBRE broker John Knott said in a press release.

Crown Resorts’ shareholder that is largest stays its founder, James Packer. The billionaire resigned from serving as chairman in August of 2015, but remains an active director.

Crowning Achievement

Should Knott be able to find a buyer for Cro Læs videre “Crown Resorts Looks to market Las Vegas Property for $400 Million”