Nevada Gaming commission hits Golden Route Operations with $75K fine – Las Vegas Review-Journal
The Nevada Gaming Commission unanimously approved a stipulation for settlement agreement with the state’s largest slot route operator and fined the company $75,000 for providing slot machines to a Reno sports bar that didn’t hold a gaming license.
Representatives of Golden Route Operations LLC and Sartini Gaming LLC signed a stipulation admitting to two counts of a complaint issued Nov. 20 by the Nevada Gaming Control Board and approved by the commission Thursday.
Golden, which owns 100 percent of Sartini Gaming, is a subsidiary of Golden Entertainment, which has Nevada’s largest distributive gaming operation. Golden also operates the PT’s Pub tavern franchise and has eight casinos — seven in Nevada — including the Stratosphere.
Golden provided slot machines at Floyd’s Fireside, a Reno bar that was in the midst of changing ownership. The complaint said Floyd’s Fireside, owned by Thomas H. Floyd Enterprises Inc., which held a gaming license, sold the business to Colt Family LLC on June 15, 2016. Colt didn’t receive a gaming license until Feb. 9, 2017.
Golden continued to operate the slot machines after the business changed hands but before the new owners were licensed. The Control Board, through Deputy Attorney General Thomas Michela’s complaint, said Golden should have been aware that the transaction had been completed through public filings.
A second count of the complaint accused Golden of violating gaming regulations by failing to update written procedures preventing its installation of gaming devices at a location until it verified certain items.
Golden was directed to update its written procedures in an October 2013 settlement agreement, but when investigators checked with the company in March of this year, company officials produced a checklist. It was unclear whether procedures in the checklist were in place at the time of the Floyd’s Fireside transaction.
In addition to the $75,000 fine, the settlement stipulation requires Golden to update its verification procedures, including a provision that it review space lease agreements of its customers every five years.
Michael Alonzo, Golden’s attorney, said the company’s new procedures “are hard-wired into the system,” and the company’s compliance officer, Sean Higgins, said new steps and personnel are in place to prevent further occurrences.