Las Vegas Sun

March 28, 2024

Business:

Bar owner fined for failure to give Gaming Commission notice of sale

The owner of a Las Vegas restaurant with slot machines has agreed to pay a $2,000 fine for failing to notify state gaming regulators when he sold the business.

The Nevada Gaming Control Board filed a stipulation Wednesday with Burdett Jones, owner of the 25 Bar & Grill, 4531 Las Vegas Blvd. North, who admitted the violations rather than asking for a hearing.

The complaint, drafted by Deputy Attorney General Edward Magaw, said Jones sold the business and the restricted slot machine operation in 2011 for $1.1 million to Million Dollar Entertainment and Advertising Inc.

Jones and the new owner never submitted an application for a new license. Million Dollar Entertainment entered into an agreement with Golden Route Operation, a licensed slot route operator, to run the slot machine business, which also was never licensed by the state.

Golden Route issued 19 payments of $20,552 to Million Dollar Entertainment.

Several months after Jones sold the property, he regained control of the restaurant because Million Dollar Entertainment breached the terms of the sales agreement.

The board said these were unlawful transfers of interest without the approval of the state Gaming Commission, which must now approve the stipulation.

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