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November 2019 | Commission Meeting Minutes

November 21, 2019

The Mississippi Gaming Commission held its regular monthly meeting on Thursday, November 21, 2019, 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

The Commission approved the issuance of licenses to the following:

  • Majestic Mississippi, LLC d/b/a Fitz Casino & Hotel Tunica as an Operator

  • Treasure Bay LLC d/b/a Treasure Bay Casino as an Operator and a Distributor

FINDINGS OF SUITABILITY

The Commission approved findings of suitability for the following persons:

  • Michael Edward Cawley, Chairman of the Audit Committee of Flutter Entertainment, plc

  • Edwin Miles Kilburn, Chairman of the Board of Directors, Everi Holdings Inc.

  • Barron Bradley Fuller, Sr. Vice President of Operations, Rainbow Casino-Vicksburg Partnership, L.P./IOC-Lula, Inc./IOC Manufacturing, Inc./Lighthouse Point, LLC

  • Bret Daniel Yunker, Chief Financial Officer of Eldorado Resorts, Inc., owner of Rainbow Casino-Vicksburg Partnership, L.P./IOC-Lula, Inc./IOC Manufacturing, Inc./Lighthouse Point, LLC

  • Kenneth Jack Alexander, Chief Executive Officer of GVC Holdings, parent company of Stadium Technology Group, LLC/Roar Digital, LLC

  • Robert Matthew Wood, Chief Financial Officer of GVC Holdings, parent company of Stadium Technology Group, LLC/Roar Digital, LLC

  • Koichiro Kamihigashi, Chairman of Japan Cash Machine Co., Ltd./JCM American Corporation

  • Yojiro Kamihigashi, President of Japan Cash Machine Co., Ltd./JCM American Corporation

  • Karole Friday Lloyd, Chair of Audit Committee, Churchhill Downs, Inc.

  • Robert Stanton Dodge, Secretary and Chief Legal Officer of Crown Gaming, Inc.

  • Matthew Philip Kalish, Chief Revenue Officer of Draftkings, Inc.

OTHER APPROVALS

  • Boyd Gaming Corporation/Boyd Tunica, Inc. d/b/a Sam’s Town Hotel Gambling Hall and Boyd Biloxi, LLC d/b/a IP Casino Resort Spa

    • Pledges of Equity Interests or Securities

    • Imposition of Equity Restrictions including Negative Equity Pledges

  • Scientific Games Corporation/NYX Digital Gaming (USA) LLC

    • Transfer of the Equity Interest or Securities of NYX Digital Gaming (USA) LLC

    • De-Registration of each of NYX Digital Gaming (Americas) LLC; NYX Gaming Group LLC; SG Digital UK Holdings Limited; Bally Gaming and Systems Holdings Limited; Bally Gaming, Inc.; and Bally Technologies, Inc. as a Holding Company of NYX Digital Gaming (USA) LLC

  • IGT

    • Transfer of the Equity Interests or Securities of B&D Holding S.p.A.

    • Issuance of the Equity Interest or Securities of De Agostini S.p.A.

    • Cancellation of the Equity Interests or Securities of De Agostini S.p.A.

  • Treasure Bay Gaming & Resorts, Inc. – Treasure Bay LLC d/b/a Treasure Bay Casino

    • Request for Approval for Transfer of Equity Interests or Securities

  • End of Other Approvals

WORK PERMITS

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

  • Morike Haynes

  • Don Victor Morgan

The Commission granted the Unanimous Approval for the issuance of the work permit application of Tunder L. Davis.

PROPOSED RULE ADOPTION

Notice of Proposed Rule Adoption – Public Notice – 13 Mississippi Administrative Code Pt. 3, R. 12.16. The Commission approved the recommendation to accept public comment for 25 days.

© 2019 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