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The Mississippi Gaming Commission Meeting Minutes: October 20, 2016

The Mississippi Gaming Commission held its regular monthly meeting on Thursday, October 20, 2016, at 9:00 a.m. in the Jackson office 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

The Mississippi Gaming Commission approved licenses for the following:

  • PDS Gaming Corporation – Mississippi, as a gaming operator

  • PDS Special Purpose I – Mississippi, LLC, as a gaming operator

  • PDS Special Purpose II – Mississippi, LLC, as a gaming operator

  • PDS Special Purpose II – Mississippi, LLC, as a gaming operator

FINDINGS OF SUITABILITY

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

  • Andy H. Chien, Chief Financial Officer and James C. Stewart, Chief Executive Officer (MGM Growth Properties, LLC) (Beau Rivage Resorts, LLC d/b/a Beau Rivage and MGM Resorts Mississippi, Inc. d/b/a Gold Strike Casino Resort)

  • Michael T. Cowhig, Chairman of the Board of Directors and Steven J. Strobel, Chairman of Audit Committee of Newell Brands, Inc.  (The United States Playing Card Company)

  • Michael H. Jahrmarkt, Equity Owner (NL PDS LLC), Robert B. Woods, Equity Owner (NL PDS LLC) and Alexander P.H. Wyrough, Equity Owner (NL PDS LLC), PDS Gaming Corporation – Mississippi; PDS Special Purpose I – Mississippi, LLC; PDS Special Purpose II – Mississippi LLC; and PDS Special Purpose II – Mississippi, LLC)

OTHER APPROVALS

The Mississippi Gaming Commission approved the following:

  • Bally Gaming, Inc. and DEQ Systems Corp. 

    • Registration of Scientific Games Corporation as a Publicly Traded Corporation of DEQ Systems Corp.

    • Acquisition of Control of DEQ Systems Corp.

    • FOS of SG Canada Acquisitions, Inc. to Merge with and into DEQ Systems Corp.

    • Registration of Bally Gaming, Inc. as a Holding Company of DEQ Systems Corp.

    • De-Registration of DEQ Systems Corp. as a Publicly Traded Corporation

    • De-Registration of Bally Gaming, Inc. as a Holding Company of DEQ Systems Corp.

  • PDS Gaming Corporation – Mississippi; PDS Special Purpose I – Mississippi, LLC; PDS Special Purpose II – Mississippi, LLC, and PDS Special Purpose III – Mississippi, LLC

    • Registration of PDS Acquisition LP as a Holding Company

    • Registration of PDS Funding LLC as a Holding Company

    • Registration of NL PDS LLC as a Holding Company

    • FOS of NL Acquisition GP LLC as a General Partner of PDS Acquisition LP

    • Transfer of the Equity Interests or Securities of PDS Holding Co., Inc.

    • De-Registration of The Finley Family Trust as a Holding Company

WORK PERMITS

The Commission denied the recommendation of the Executive Director for unanimous approval of a work permit for Heidi C. Pinto.  

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

  • Melissa J. Miller

  • Jennifer Washington

PLAYER DISPUTE

  • Joseph Brown vs. New Palace Casino d/b/a Palace Casino Resort  

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

  • Larry Songy vs. Silver Slipper Casino Venture d/b/a Silver Slipper Casino

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

NOTICE OF PROPOSED RULE ADOPTION  - PUBLIC NOTICE

Tabled.

PUBLIC COMMENTS 

None.

© 2023 Jones Walker LLPNational Law Review, Volume VI, Number 295
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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...

601.949.4839
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