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riverwind casino goldsby oklahomaThe 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. 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.In the case of Galaxy, NGCB has used its discretion to decide to pursue due diligence.“As is its ordinary course, casino poker 75015the 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. borgata casino vegasDeadwood creator David Milch says he’s already finished the script, and negotiations with the cast are well underway.The 1,600 hotel rooms will be upgraded, the pool will be redesThe 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. casino near me atlanta

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