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Golden Nugget
pays mere fine
February 25
It could have
been worse, but the
Golden Nugget
shelled-out a
$30,000 fine. This
was the final
assessment from the
state complaint,
filed last month,
that dealt with
sports book wagering
issues and an
episode in which
Nugget co-owner Tim
Poster misdealt
cards at a blackjack
table during a
celebrity gambling
event.
Unanimously on
Thursday,
the Gaming
Commission
officiated the fine
and the Nugget's
lawyer Ellen
Whittemore paid the
fine as soon as the
verdict went down.
No Golden Nugget
executives were
there during the
procedure and the
commission's
disposition of the
issue at hand went
quickly and quietly.
Notably, t he
fine was mere 10% of
the maximum
punishment
regulators could
have demanded. Board
officials noted that
the Nugget faced a
maximum fine
totaling $300,000.
Poster signed a
provision, admitting
to charges that he
misdealt cards at a
blackjack table
during a celebrity
event. He did not
acknowledge any
intentional error,
but admitted the
board could meet its
requirement of proof
on charges from
irregularities in
wagering on a golf
tournament in the
Nugget's sports
book.
The situation
involving the
blackjack game
happened back in
June 2004 after the
casino hosted an
event involving cast
members of the The
Sopranos TV show.
The cast members
started playing
blackjack in the
casino after the
group meet with
fans.
At first, Poster
was only watching
the blackjack table,
then he started to
deal the game. In a
move said to be
meant for fun and
entertainment,
Poster misdealt, and
on one occasion
showed a hole card.
The sports book
situation involved
wagers from a
gambler who bet
money on the
conclusion of the
St. Jude's Federal
Express golf
tournament held May
27-30. The wrong
odds were placed on
the event causing a
payout error.
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