Gaming Control recommends approving Pinnacle acquisition of rival Ameristar

The state Gaming Control Board conducted its monthly meeting today in Las Vegas.

The issue: The board considered licensing Australia-based Aristocrat Technologies as an interactive gaming equipment manufacturer. Aristocrat has a Las Vegas office and the company has been previously licensed by the state.

The vote: 3-0

What it means: If approved by the Nevada Gaming Commission on May 16, Aristocrat would become the 22nd company to receive an interactive gaming license in the state.

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The issue: The board considered Pinnacle Entertainment’s acquisition of rival Ameristar Casinos. Both are Las Vegas-based, but neither have Southern Nevada properties. The $869 million acquisition — $2.8 billion including assumed debt — was announced in December and is expected to close late in the second quarter or early third quarter. Ameristar shareholders approved the deal earlier this week.

The vote: 3-0

What it means: The board voted to recommend approval of the deal, which would give Pinnacle possession of Ameristar’s two Nevada properties, Cactus Pete’s and the Horseshu in Jackpot, on the Idaho border. The deal also includes Ameristar’s Missouri, Louisiana, Colorado, Iowa, Indiana and Mississippi casinos. The Nevada Gaming Commission will consider final approval on May 16.

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The issue: The board considered licensing Las Vegas-based GambleID as an interactive gaming service provider. The company would focus on geo-location and patron identification services for licensed partners.

The vote: 3-0

What it means: If approved by the Nevada Gaming Commission on May 16, GambleID would become the 23rd company to receive an interactive gaming license in the state.

Gaming

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