COMMISSION MEETING: December 21, 2017

The Mississippi Gaming Commission held its regular monthly meeting on Thursday, December 21, 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:

• Nick Farley and Associates, d/b/a Eclipse Compliance Testing was granted a permit as an Independent Testing Laboratory.
• AP Gaming Holdco, Inc., the registered publicly traded corporation for AGS LLC has changed its name to PlayAGS, Inc.

FINDINGS OF SUITABILITY

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

• Daniel J. D’Arrigo, Executive Vice President, Chief Financial Officer and Treasurer, MGM Resorts International, Inc.
• Michael F. Whitemaine, Senior Vice President of Regional Operations of Eldorado Resorts, Inc.
• Victor J. Gallo, General Counsel, Compliance Officer and Secretary of AGS LLC
• Gregg P. Schatzman, Chairman, Compliance Committee of AGS, LLC

OTHER APPROVALS

• SW Gaming LLC d/b/a Harlow’s Casino Resort & Spa and Magnolia Hill, LLC d/b/a Riverwalk Casino Hotel received the following approvals in connection with a financing:
  • Pledges of Equity Interests or Securities
  • Imposition of Equity Restrictions including Negative Equity Pledges
• AGS, LLC received the following approvals in connection with a possible public offering:
  • Approval of Public Offering of PlayAGS, Inc.
  • Approval of Waiver of Legend Requirement
  • Continuous Approval of Public Offerings and/or Private Placements
  • Pledges of Equity Interests or Securities
  • Imposition of Equity Restrictions including Negative Equity Pledges
  • Guarantee of Securities and Hypothecation of Assets
• Natchez Casino OpCo, LLC d/b/a Magnolia Bluffs Casino received the following approvals in connection with a financing:
  • Transfer of the Equity Interests or Securities of Casino Holding Investment Partners, LLC
  • Issuance of Equity Interests or Securities of Casino Holding Investment Partners, LLC
  • Pledges of Equity Interests or Securities
  • Imposition of Equity Restrictions including Negative Equity Pledges

WORK PERMITS

The Commission approved the recommendation of the Executive Director to accept the hearing officer’s decision to revoke the work permit of John Bogner.

PUBLIC COMMENTS 

None.