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Mississippi Gaming Commission Posts Meeting Minutes for October

COMMISSION MEETING: October 19, 2017

The Mississippi Gaming Commission held its regular monthly meeting on Thursday, October 19, 2017, 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 the following licenses and permits: 

  • Licensure as a Distributor – American Gaming & Electronics, Inc.
  • Permit as an Independent Testing Laboratory – BMM North America, Inc. d/b/a BMM Testlabs
  • Licensure as a Gaming School – Coast Dealing Academy, LLC d/b/a Coast Dealing Academy 
FINDINGS OF SUITABILITY

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

  • Raymond J. Poncia, Jr., Investor, Eldorado Resorts, Inc.
  • Pierfrancesco Boccia, Corporate Secretary of IGT
  • Michael L. Shor, Director, AG&E Holdings Inc.
  • Anthony R. Tomasello, President, Interim Chief Executive Officer, AG&E Holdings Inc.
  • Renee M. Zimmerman, Chief Financial Officer, Treasurer, Secretary, AG&E Holdings Inc.
  • Eric H. Persson, President and Global Chief Operating Officer, Aruze Gaming America, Inc.
  • Trevor Croker, Chief Executive Officer and Managing Director, Aristocrat Leisure Limited.
OTHER APPROVALS
  • Transfers of the Equity Interests or Securities of Investendo Due S.r.l. – IGT
  • Registration of AG&E Holdings Inc. as a publicly traded corporation of American Gaming & Electronics, Inc.
  • Riverboat Corporation of Mississippi d/b/a Golden Nugget Biloxi Hotel and Casino
    • Registration of Golden Fertitta, Inc. as a holding company of Riverboat Corporation of Mississippi
    • Registration of Golden Landry’s, Inc. as a holding company of Riverboat Corporation of Mississippi
    • Registration of Landry’s Fertitta, Inc. as a holding company of Riverboat Corporation of Mississippi
    • Transfer of the Equity Interests of Securities of Landry’s Gaming to Golden Fertitta, Inc.
    • Transfer of the Equity Interests of Securities of Landry’s Gaming to Golden Landry’s, Inc.
    • Transfer of the Equity Interests of Securities of Landry’s Gaming to Landry’s Fertitta, Inc.
    • Imposition of Equity Restrictions Including Negative Equity Pledges in Connection with a Credit Facility
  • Transfer of Equity Interests or Securities of Majestic Holdco, LLC – Majestic Mississippi, LLC d/b/a Fitz Casino and Hotel
  • Transfer of Equity Interests or Securities – Incredible Technologies, Inc.
WORK PERMITS

The Commission approved the recommendation of the Executive Director to accept the hearing officer’s decision to revoke work permit for Christopher Landry.

NOTICE OF PROPOSED Rule Adoption – Public Notice
PUBLIC COMMENTS 

None.

© 2022 Jones Walker LLPNational Law Review, Volume VII, Number 299
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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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