Mississippi Gaming Commission Meeting Report September 16 2021

September 16, 2021

 September 16 Meeting

The Mississippi Gaming Commission held its regular monthly meeting on Thursday, September 16, 2021, at 9:00 a.m. at the Jackson office and via Zoom. Executive Director Jay McDaniel, Chairman Al Hopkins and Commissioners Franc Lee and Tom Gresham all participated.  The following matters were considered:

LICENSING

The Commission approved the issuance of licenses to the following:

  • Everi Payments Inc., as a Manufacturer and Distributor

  • Everi Games Inc., as a Manufacturer and Distributor 

  • PT Mississippi Services (Delaware) LLC, as a Manufacturer and Distributor 

  • Foundation Gaming & Entertainment, LLC, as a Manufacturer and Distributor 

  • Casino Vicksburg, LLC, as an Operator 

FINDINGS OF SUITABILITY

The Commission approved findings of suitability for the following persons or entities:

  • Andrew James Smith – PT Mississippi Services Delaware LLC 

  • Morgan Weizer – PT Mississippi Services Delaware LLC 

  • Travis John Foley – BMM North America, Inc 

  • James Ronald Odell – SG Gaming, Inc. and NYX Digital Gaming (USA) LLC 

  • Andrew Emilio Giancamilli – Betfair Interactive US LLC 

  • Tilman Joseph Fertitta – Riverboat Corporation of Mississippi

  • Paige Farwell Fertitta – Riverboat Corporation of Mississippi

  • Richard Holden Liem – Riverboat Corporation of Mississippi

  • Florida Merger Sub, LLC to Merge with Fertitta Entertainment, Inc.

  • Jonathan Dean Hall – Robinson Property Group LLC

  • Pamela Denise Holub – Robinson Property Group LLC

  • Masami Saso – Konami Gaming, Inc.

OTHER APPROVALS

  • Everi Payments Inc. and Everi Games Inc.

    • Continuous Approval of Public Offerings and/or Private Placements

    • Pledges of Equity Interests and Securities

    • Imposition of Equity Restrictions including Negative Equity Pledges

    • Guarantee of Securities and Hypothecation of Assets

  • PT Mississippi Services (Delaware) LLC 

    • Registration of each PT Holdings (Delaware) Inc., Playtech Services (Cyprus) Limited and Playtech Software Limited as a Holding Company of PT Mississippi Services (Delaware) LLC

    • Registration of Playtech plc as a Publicly Traded Company of PT Mississippi Services (Delaware) LLC

    • Waiver of Legend Requirement

    • Continuous Approval of Public Offerings and/or Private Placements

    • Pledges of Equity Interests and Securities

    • Imposition of Equity Restrictions including Negative Equity Pledges

    • Guarantee of Securities and Hypothecation of Assets

  • Riverboat Corporation of Mississippi d/b/a Golden Nugget Biloxi Hotel and Casino 

    • Registration of FAST Merger Corp. as a Publicly Traded Company of Riverboat Corporation of Mississippi

    • Acquisition of Control of Fertitta Entertainment, Inc. and Riverboat Corporation of Mississippi 

    • Waiver of Legend Requirement

    • Continuous Approval of Public Offerings and /or Private Placements

    • Pledges of Interests and Securities

    • Imposition of Equity Restrictions including Negative Equity Pledges

    • Guarantee of Securities and Hypothecation of Assets

    • Registration of Florida Merger Sub, LLC as a Holding Company of Riverboat Corporation of Mississippi

  • Foundation Gaming & Entertainment, LLC, Casino Vicksburg, LLC d/b/a WaterView Casino & Hotel Vicksburg, and Majestic Mississippi, LLC d/b/a Fitz Casino & Hotel Tunica

    • Pledges of Equity Interests and Securities

    • Imposition of Equity Restrictions including Negative Equity Pledges

  • IGT.

    • Transfer of the Equity Interests or Securities of Investendo Due S.r.l. 

  • Recommendation Regarding Hearing Examiner’s Decision for hearing(s) held on May 13, 2021 – Joseph Mendoza, MGC No. 21-00004 (SD). The Commission decided to decline to review the hearing officer’s findings of fact and decision.

  • Recommendation Regarding Hearing Examiner’s Decision for hearing(s) held on May 13, 2021 – Gerald Styers, MGC No. 21-00005 (SD). The Commission decided to decline to review the hearing officer’s findings of fact and decision.

© 2021 Jones Walker LLP
National Law Review, Volume XI, Number 259
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement