Nevada Regulators Deny Rio Executive’s Gaming License Due to Ethics Issues

Source of this Article
GambleRss News 14 hours ago 118

Last week, Nevada regulators turned down a gaming license for a top executive from Dreamscape Companies Inc., which owns the Rio Hotel & Casino. They raised questions about his honesty and past work behavior. This decision throws John Eder’s future into doubt in Nevada‘s strict gaming world. Eder serves as Dreamscape’s president and chief financial officer.

Split Vote Ends Eder’s Hopes for Gaming License

Eder walked into Thursday’s Nevada Gaming Commission meeting thinking he would get his license. The state’s Gaming Control Board had earlier suggested giving conditional approval. This earlier suggestion would have let Eder work under a two-year review before another fitness check. However, the Commission voted 3-2 to turn down the application. They had doubts about his character and truthfulness, reported The Las Vegas Review-Journal.

The rejection puts Eder on a small list of 149 people and groups Nevada regulators have found unfit for licensing since 1980. State law says licensed gaming companies cannot hire or team up with anyone whose application was rejected.

Eder’s lawyer, Frank Schreck, said in an email that he and his client cannot appeal the Commission’s ruling. Schreck also mentioned that Dreamscape and Eder are figuring out what to do next.

...

BankBit shares this Content always with
Attribution-NonCommercial-ShareAlike 4.0 International (CC BY-NC-SA 4.0) CC License

Read Entire Article


Screenshot generated in real time with SneakPeek Suite