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scarlet pearl casino putt putt golfIn the case of Galaxy, NGCB has used its discretion to decide to pursue due diligence.“As is its ordinary course, drake casino twitter freeroll codethe Nevada Gaming Control Board engages in a due diligence process for any shareholder approaching a reporting requirement,” NGCB chairwoman Becky Harris said in an email to Bloomberg on Friday.LVS AllegationsOn Thursday Wynn Resorts announced that former majority shareholder Steve Wynn had divested his entire stake in the company. Macau gaming operators, and shareholders who own more than five percent of Macau gaming companies, are prohibited from holding a stake of 5 percent or more in other local gaming companies.The regulator noted that the sale of shares was for less than five percent adding that because Galaxy has bought into Wynn Resorts and not Wynn Macau, the law did not apply.The Galaxy Entertainment Group’s purchase of a 5 percent stake in Wynn Resorts is good for the latter’s shareholders but will it sit well with Nevada regulators? (Image: Galaxy Entertainment)Entities owning more than 10 percent of a casino in Nevada are subject to scrutiny from gambling regulators as a matter of course. four winds casino new buffalo buffetPassing through the northern end of the Strip? Wave goodbye to the “blob” at SLS Vegas, as he/she/it won’t be there much longer. Passing through the northern end of the Strip? Wave goodbye to the “blob” at SLS Vegas, as he/she/it won’t be there much longer. SLS Las Vegas, the north Strip casino resort that has struggled financially since it was re-envisioned from the Sahara in 2014, is undergoing further changes in what will hopefully reverse the property’s recent fortunes. ip casino concerts mountaineer casino ohiolucky tiger casino no deposit bonus existing playersGalaxy Entertainment, which last week bought a 4.9 percent stake in Wynn Resorts for just under billion, will be the subject of a suitability probe by the Nevada Gaming Control Board (NGCB), the regulator has confirmed. The NGCB is likely to look into the LVS allegations, nevertheless.Meanwhile, the Macau gaming regulator announced on Friday that the Wynn-Galaxy deal did not breach local gaming law. Things are turning around. doubledown casino texas teaA 5 percent stake demands a reporting requirement. The 1,600 hotel rooms will be upgraded, the pool will be redesSLS Las Vegas, the north Strip casino resort that has struggled financially since it was re-envisioned from the Sahara in 2014, is undergoing further changes in what will hopefully reverse the property’s recent fortunes. island view casino benefits doubledown casino slots gamespeppermill casino calendarMeruelo’s undisclosed acquisition of SLS Las Vegas from Stockbridge Capital was recently completed after receiving final approval from state regulators.Meruelo told the NGC about the renovation, “The capital investment is something that will make a dramatic impact. Deadwood creator David Milch says he’s already finished the script, and negotiations with the cast are well underway.Galaxy Entertainment, which last week bought a 4.9 percent stake in Wynn Resorts for just under billion, will be the subject of a suitability probe by the Nevada Gaming Control Board (NGCB), the regulator has confirmed. Meruelo’s undisclosed acquisition of SLS Las Vegas from Stockbridge Capital was recently completed after receiving final approval from state regulators.Meruelo told the NGC about the renovation, “The capital investment is something that will make a dramatic impact. The 1,600 hotel rooms will be upgraded, the pool will be redesA 5 percent stake demands a reporting requirement. casino near me albuquerque desert diamond casino glendale az winners |