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3 Mar by admin

MGM Resorts Pays $225,000 Settlement to New Jersey

MGM Resorts Pays $225,000 Settlement to New Jersey

Terry Christensen, former board member of MGM Resorts, imprisoned in 2006 for his part in wire-tapping

MGM Resorts Global is eager to regain a New Jersey video gaming license for the first time since 2010, when it attempted to sell its stake into the Borgata and ceased operations in the state.

This has been announced this week that the business will pay a $225,000 settlement to nj-new Jersey regulators to resolve an issue that is decade-old towards the shady transactions of its board members.

Because well as serving on the MGM board for nine years, attorney Terry Christensen had been a 40-year adviser that is legal personal confidant to billionaire casino mogul Kirk Kerkorian, the business's major shareholder.

Christensen was president of Tracinda, a personal investment business put up by Kerkorian, in 1987, in which he had additionally assisted set up MGM Grand Air and MGM Grand Corp.

However, in 2006 he had been indicted and charged, with celebrity investigator that is private Pellicano, with bugging the phone of Lisa Bonder, Kerkorian's ex-wife. Christensen received a three-year jail term lightning link slot online while Pellicano got 15 years.

However, the beef with the New Jersey Division of Gaming Enforcement (DGE) appears to be that MGM continued to consult Christensen on an amount of matters after his resignation from the company's board and subsequent conviction that is criminal.

Under New Jersey Gaming law no one with a criminal conviction