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Mississippi Gaming Commission Meeting Minutes: May 17, 2018

The Mississippi Gaming Commission held its regular monthly meeting on Thursday, May 17, 2018, at 9:00 a.m. at the Jackson offices of the Mississippi Gaming Commission. Executive Director Allen Godfrey, Chairman Al Hopkins and Commissioners Jerry Griffith and Tom Gresham were in attendance. The following matters were considered:

LICENSING

  • Rainbow Casino – Vicksburg Partnership, L.P. d/b/a Lady Luck Casino, as a gaming operator.

  • MGM Resorts Mississippi, LLC d/b/a Gold Strike Casino Resort, as a gaming operator.

  • Gulfside Casino Partnership d/b/a Island View Casino Resort, as a gaming operator.

FINDINGS OF SUITABILITY

C for the following persons:

  • Mr. John D. Dionne, Director, Caesars Entertainment, Inc. (Tunica Roadhouse LLC; Robinson Property Group LLC; Grand Casino of Biloxi, LLS; Computer Programming, Inc.)

  • Joseph F. Tatum, Jr., Member of Refuge Land Company, landowners - SW Gaming LLC d/b/a Harlow’s Casino Resort & Spa

  • Albert T. Britton, Sr. Vice President of Regional Operations of Penn National Gaming, Inc.

OTHER APPROVALS

The Mississippi Gaming Commission approved the following:

  • Beau Rivage Resorts, LLC d/b/a Beau Rivage Resort & Casino and MGM Resorts of Mississippi, LLC d/b/a Gold Strike Casino Resort

- Continuous Approval of Public Offerings and/or Private Placements.

- Pledges of Equity Interests or Securities.

- Imposition of Equity Restrictions including Negative Equity Pledges.

- Guarantee of Securities and Hypothecation of Assets.

  • Approvals for the Transfer of the Equity Interests or Securities of De Agostini S.p.A. – IGT

 PLAYER DISPUTE

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

Player Dispute Hearing Held and Order of Dismissal Issued on February 23, 2018, in Jackson Mississippi in the Matter of Fidale Torrain vs. Magnolia Hill, LLC d/b/a Riverwalk Casino.

WORK PERMITS

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

  • Amanda Mae Beatty

  • Lucious Mitchell

  • Andrew Simmons

The Commission approved the recommendation to unanimously approve the work permit of Kwayne Labra Pryor. 

PROPOSED REGULATION

The Commission approved publication of notice of proposed rule adoption and receipt of public comment for the next 25 days with respect to the following regulations to permit race and sports books in Mississippi:

13 Mississippi Administrative Code Pt. 9, R.1.1

13 Mississippi Administrative Code Pt. 9, R. 2.1

13 Mississippi Administrative Code Pt. 9, R.3.1, 3.2, 3.3, 3.4, 3.5, 3.6, 3.7, 3.8, 3.9, 3.10, 3.11, 3.12, 3.13, 3.14, 3.15, 3.16, 3.17, 3.18, and 3.19

13 Mississippi Administrative Code Pt. 9, R. 4.1, 4.2, 4.3, 4.4, 4.5, 4.6, 4.7, 4.8, 4.9, and 4.10

© 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