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where is bovada casino locatedGalaxy 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. 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. Deadwood creator David Milch says he’s already finished the script, and negotiations with the cast are well underway.thunder valley casino new years eve 2020s of course critical to Deadwood’s gaming industry. 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. 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. borgata casino poker slotocash casino free 300 no depositpechanga casino yelpThings are turning around. I am very optimistic.”The money will be spent over several years, Meruelo said. (Image: SLS Las Vegas)New owner Alex Meruelo told the Nevada Gaming Commission (NGC) last week that he’s goicasino poker 75015ng to spend 0 million to revitalize the resort. hard rock casino miamiIn 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. 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. 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. caesar online casino app golden nugget casino sign uproulette table casino roulette tableIn 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. The founder and former chairman and CEO stepped down in early February amid allegations of sexual misconduct against his staff, allegedly spanning decades.As several jurisdictions began investigations into Wynn’s own suitability as a casino owner, he sold his stock to safeguard the company’s licenses.Hong Kong-based Galaxy is the second biggest operator in Macau, after LVS’ Sands China.It’s possible the NCGB’s curiosity may have been piqued by the company’s past reliance on the junket industry, which, according to an LVS executive, was once controlled by triads.In 2002, LVS teamed up with Galaxy Entertainment Group as a management partner, to push for a gaming concession in Macau, but LVS ultimately broke off the relationship.In 2007, former president of LVS William Weidner told a Nevada courtroom that was because “these guys want to do VIP rooms the way they … do them in Macau where the … triad guys run them because they’re the only ones that can grant and collect credit in mainland China, and they smuggle the renminbi across the border.”LVS Chairman and CEO Sheldon Adelson made similar comments in 2013, prompting Galaxy casino poker 75015to issue a filing with the Hong Kong stock exchange objecting to “certain inaccurate statements.”Deal OK’d in MacauSince then, however, Chinese President Xi Jinping’s corruption crackdown has forced Macau to regulate the junkets more stringently. 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. A 5 percent stake demands a reporting requirement. 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. 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. valley forge casino gift card morongo casino wahlburgers |