Cases
Representative Matters: Represented Ocean Casino Resort in connection with various regulatory/competition issues related to the Caesars/William Hill merger, including the negotiation
finalization of a Termination Agreement with William Hill, whereby the Operating Lease
Licensing Agreement between Ocean
William Hill was terminated
William Hill agreed to discontinue its retail
online sports wagering operations at the Ocean Casino Resort pursuant to the Ocean sports wagering license.
Represented BetMakers Technology Group Limited in the purchase of several Sportech operating subsidiaries, including two U.S. entities known as Sportech Racing, LLC
eBet Technologies, Inc.
Represented Gaming & Leisure Properties, Inc. (GLPI) in connection with their acquisition of the Dover Downs Racino in Delaware
the leaseback of same to Bally's Corporation.
Represented AC Ocean Walk, LLC d/b/a Ocean Casino Resort in connection with the settlement of highly contentious litigation with MGM subsidiary Marina District Development Company, LLC d/b/a Borgata Hotel Casino & Spa
the dispute involved trade secret claims connected with two former Borgata employees who were subsequently hired by Ocean.
Obtained a favorable ruling from the California Gambling Control Commission finding client Halifax Security, Inc. d/b/a North American Video suitable to provide security
surveillance systems
services to various tribal gaming establishments licensed by the Commission
operated in California by the Barona B
of Mission Indians, Cabazon B
of Mission Indians, Soboba B
of Luiseno Indians, Sycuan B
of the Kumeyaay Nation
the Table Mountain Rancheria.
Obtained a favorable licensing reconsideration ruling from the New Jersey Division of Gaming Enforcement for clients NYX Gaming Group
its parent, Scientific Games Corporation, resolving a licensing issue that held up NYX's ability to distribute
deploy computer-based wagering games, developed jointly with Australia's Lightning Box Games, for use in the burgeoning New Jersey internet gaming market
created an amendment to the NYX/Lightning Box game development agreement addressing the complicated area of game design services that was acceptable to the parties
resolved the Division of Gaming Enforcement's licensing concern.
Represented Cumberl
River Capital in connection with the City of Atlantic City's requests for injunctive relief preventing Cumberl
's acquisition of Tennessee Business & Industrial Development Corp. (TN BIDCO),
for alternative injunctive relief requiring the acquisition's proceeds be held in trust pending discovery. The Court rejected these requests, finding the City had failed to establish fraudulent conveyance claims in the TN BIDCO transaction
the payment of secured note obligations with priority over a consent judgement the City obtained against TN BIDCO's seller.
Successfully represented a U.S. company in an eighteen (18) month hearing before the Pennsylvania Gaming Control Board involving complicated legal issues under the Pennsylvania gaming law, comparison of the regulation of a licensee in Hong Kong with the regulation of a registered investment adviser in the United States, as well as a comparison of the regulation of an investment company in the Cayman Isl
s with the regulation of an investment company in the United States.
Represented J.P. Morgan,
its co-lenders Winthrop Capital Partners
Witkoff Group, as first lien lenders in its $285 million debt restructuring
equity transfer involving the Ocean Resort Casino, a casino hotel located in Atlantic City, New Jersey.
Represented Penthouse International, Ltd. in a matter entitled Boardwalk Properties, Inc. v. BPHC Acquisition, Inc. before the Superior Court of New Jersey, Atlantic County, Chancery Division
in connection with appeals up through
to the New Jersey Supreme Court, with a reported decision related to the matters litigated in the case found at 253 N.J. Super. 515 (App. Div. 1991).
Represented Mirage Resorts, Incorporated in a matter entitled Bryant v. City of Atlantic City before the Superior Court of New Jersey, Atlantic County, Chancery Division
in connection with appeals up through
to the New Jersey Supreme Court, with a reported decision related to the matters litigated in the case found at 309 N.J. Super. 596 (App. Div. 1998).
Represented Prepaid Network Inc. in obtaining an approval from the New Jersey Division of Gaming Enforcement for the launch of a product known as WYRZ, a virtual Visa card used for funding iGaming accounts.
Represented NYX Gaming Group Ltd., a digital gaming software company, as part of the legal team in connection with its $631 million sale to Scientific Games Corporation, a global leader in technology-based gaming systems.
Represented Tropicana Entertainment Inc. in entering into a Management Agreement pursuant to which it would manage the Trump Taj Mahal Casino Hotel
provide consulting services relating to the former Plaza Hotel
Casino in Atlantic City, New Jersey. Representation also includes formation of TEI Management Services LLC
the pursuit of required gaming regulatory approvals.
Represented NYX Gaming Group Limited in a $105 million financing, with the net proceeds from the offering, as well as a concurrent U.S. Private Placement, being used to fund a previously announced acquisition of all the shares of Amaya (Alberta) (f/k/a Chartwell Technology)
Cryptologic Limited.
Represented NYX Gaming Group Limited in its acquisition of the entire issued share capital of Game360 Srl, an Italian internet gaming company.
Obtained on behalf of Resorts Casino Hotel, in partnership with SNG Interactive, the necessary approvals to launch an online casino - www.ResortsCasino.com - on an innovative iGaming platform compatible with mobile devices
desktops.
Represented secured lender, as the debtor-in-possession lender, in obtaining Bankruptcy Court approval
funding of a property tax settlement agreement by the Revel Casino Hotel with the City of Atlantic City, which resulted in a tax payment of $26 million to the City, but a savings to Revel,
ultimately the client as the first lien holder, of over $7 million.
Represented NYX Gaming Group in its acquisition of OnGame Network Limited
OnGame Services AB from Amaya Gaming Group. The acquisition provides NYX Gaming Group with a poker platform
gives them an amplified presence in the New Jersey Internet gaming market.
Represented NYX Gaming Group in its initial public offering on the Toronto Stock Exchange, including h
ling all gaming regulatory due diligence
authoring both a gaming regulatory opinion letter
a corporate opinion letter.
Represented Sportech-NYX Gaming, LLC, a joint venture between an indirect wholly owned subsidiary of Sportech PLC
a subsidiary of NYX Gaming Group Limited, in negotiating an agreement to provide a new online gaming platform to the Atlantic City-based Resorts Casino Hotel.
Represent Sportech PLC in joint venture with NYX Gaming Group Limited to provide online products
services in the United States for social
pay-to-play gaming. As gaming regulation evolves, the joint venture will be able to offer a full suite of gaming products including bingo, casino, poker, slots
other games to potential licensees using the NYX platform. These include Sportech's racetrack
casino partners across the United States.
Represented Scientific Games Corporation in its acquisition of WMS Industries Inc., combining leading businesses offering lottery games, gaming machines
game content, systems, sports betting technology,
social, mobile
interactive content
services.
Represents RIH Acquisitions NJ, LLC, which owns
trades as the Atlantic Club Casino Hotel, as special counsel for gaming regulatory matters, in the casino operator's Chapter 11 bankruptcy proceedings.
Represented Sportech PLC in the acquisition of eBet Online Inc. by its wholly-owned subsidiary, Sportech, Inc.
RIH Acquisitions NJ, LLC v. City of Atlantic City - Obtained on behalf of Atlantic Club Casino Hotel a tax credit in the approximate amount of $19.44 million in the settlement of a tax assessment litigation case.
H
led on behalf of Icahn Partners LP, for its first-lien financing of multiple casino properties in New Jersey, all of the real-estate elements of the plan of reorganization in the chapter 11 proceedings of Trump Entertainment Resorts, Inc.
Represented Icahn Partners LP, as plan proponent
first-lien lender, in a chapter 11 proceeding
related adversarial matters involving Trump Entertainment Resorts, Inc. The proceedings, which also involved needed gaming regulatory approvals, culminated in a global settlement that resolved all outst
ing disputes involving Icahn Partners LP
provided it with a $125 million pay-down of the existing first-lien debt, an increase in the amount of the restated first-lien debt by $12.5 million to $346.5 million at an interest rate of 12 percent,
$15 million in fees.
Represented SG Digital/NYX Gaming Group in finalizing a deal with Hard Rock Hotel & Casino Atlantic City.
Representing SG Digital/NYX Gaming Group in connection with the sports wagering transaction between NYX Digital Gaming (USA)
Caesars.