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Licensing and Findings of Suitability: Mississippi Gaming Commission Meeting September 15, 2016

The Mississippi Gaming Commission held its regular monthly meeting on Thursday, September 15, 2016, at the Gold Strike Casino Resort in Tunica, Mississippi. Executive Director Allen Godfrey, Chairman Al Hopkins, and Commissioners Jerry Griffith and Tom Gresham were in attendance. The following matters were considered:

LICENSING

The Mississippi Gaming Commission approved licenses for the following:

  • Lighthouse Point, LLC d/b/a Trop Casino Greenville, as a gaming operator.

  • The United States Playing Card Company, as a manufacturer and distributor.

  • BSLO, LLC d/b/a Hollywood Gulf Coast as a gaming operator.

  • BTN, LLC d/b/a Boomtown Casino Biloxi as a gaming operator.

  • HWCC-Tunica, LLC d/b/a Hollywood Casino Tunica as a gaming operator.

FINDINGS OF SUITABILITY

The Mississippi Gaming Commission approved findings of suitability for the following persons and entities:

  • CDI Holdings LLC as a greater than 5% shareholder of Churchill Downs Incorporated – SW Gaming LLC d/b/a Harlow’s Casino Resort & Spa and Magnolia Hill, LLC d/b/a Riverwalk Casino & Hotel.

  • Marcia A. Dall, Executive Vice President and Chief Financial Officer of Churchill Downs Incorporated.

  • Marco Boroli, Director and Sr. Vice Chairman of De Agostini, S.p.A.

  • Paolo Ceretti, Director of International Game Technology PLC.

  • Marco Drago, Director of International Game Technology PLC and Chairman of De Agostini, S.p.A.

  • Lorenzo Pellicioli, Vice Chairman of International Game Technology PLC and Chief Executive Officer & Director of De Agostini, S.p.A.

  • Marco Sala, Chief Executive Officer & Director of International Game Technology PLC.

  • Michael B. Polk, President and Chief Executive Officer of Newell Brands, Inc.

  • Ricky L. Busey, Vice President of HR and Property Development of Tunica Roadhouse Corporation d/b/a Tunica Roadhouse Casino & Hotel and Robinson Property Group Corp. d/b/a Horseshoe Casino and Hotel.

  • Robert M. Leatherman, Landlord of RIH Acquisitions MS I, LLC d/b/a Resorts Tunica and HWSS-Tunica, LLC d/b/a Hollywood Casino-Tunica.

  • Hugh M. Magevney, III, Landlord of RIH Acquisitions MS I, LLC d/b/a Resorts Tunica and HWSS-Tunica, LLC d/b/a Hollywood Casino-Tunica.

  • Justin J. Carter, General Manager of HWCC-Tunica, LLC d/b/a Hollywood Casino – Tunica.

OTHER APPROVALS

The Mississippi Gaming Commission approved the following:

  • IGT and IGT Canada Solutions ULC received Continuous Approval for Involvement in Foreign Gaming (Internet Gaming).

  • The United States Playing Card Company received approval of the following:

    • Registration of Newell Brands Inc. as a publicly traded corporation of The United States Playing Card Company.

    • Registration of Jarden Corporation as a Holding Company of the United States Playing Card Company.

    • Registration of Bicycle Holding, Inc. as a Holding Company of The United States Playing Card Company.

    • Registration of USPC Holding, Inc. as a Holding Company of The United States Playing Card Company.

    • Newell Brands Inc. received a shelf offering approval.

    • Scientific Games Corp. received a shelf offering approval.

WORK PERMITS

The Commission approved the recommendation of the Executive Director to accept the hearing officer’s decision  with respect to the following:

  • Irmease Banks

  • Meagen Ware

PLAYER DISPUTE

  • Ronald Wright vs. Land Holdings I, LLC d/b/a Scarlet Pearl Casino Resort; MGC No. 16-00083 (SD).  

  • The Commission approved the recommendation of the Executive Director to decline to review the decision of the Hearing Examiner.

PUBLIC COMMENTS 

None.

© 2018 Jones Walker LLP

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About this Author

Thomas Shepherd, Gaming Attorney, IAGA President, 2014, Jones Walker Law FIrm
Partner

Tommy Shepherd is a partner in the firm’s Business and Commercial Transactions Practice Group. As an accomplished gaming attorney, he served as President of the International Association of Gaming Advisors (IAGA) in 2014.

Tommy represents major casino companies, Native American tribes, manufacturers, suppliers, and financial institutions regarding all matters relating to the development, financing, licensing and operation of gaming and resort facilities. His extensive experience in such matters includes public-private leases, financings, land use approvals, statutory and regulatory...

601.949.4711
Chris Pace, Business, Commercial Transactions Attorney, Jones Walker Law FIrm
Partner

Chris Pace is an attorney in the firm's Business & Commercial Transactions Practice Group and practices from the firm's Jackson office. He concentrates his practice in the areas of project finance and economic development law, state and local government law, economic development incentives and gaming law.

His clients include both county and municipal governmental bodies, as well as new and expanding business concerns such as a large steel company investing over $1 billion in a new facility, and a new regional beverage supplier investing millions of dollars to expand its existing operations. Mr. Pace has negotiated and documented various economic incentives including property, sales, use, income, and franchise tax incentives, and other incentives related to tax exempt and taxable bond financing. In the course of his work, he has assisted clients in negotiating and implementing incentives with the Mississippi Development Authority, the Mississippi Department of Revenue, and other state and local governmental entities. Mr. Pace has also negotiated and implemented economic incentives with numerous county and city governments, including the implementation of complex fee-in-lieu of property tax agreements which are available only for projects involving investments of $100 million or more.

601.949.4839