Nevada Gaming Commission Fines New Jersey-Based Company $150,000
A New Jersey-based company has agreed to pay Nevada gaming regulators $150,000 for illegally approving a cash wagering system for casinos but never doing the required testing. Our contributor Kaleb Roedel of the Northern Nevada Business View has more.
The Nevada Gaming Commission has fined Gaming Laboratories International of Lakewood, New Jersey for risking the reputation of the state to control its gaming industry.
The company is licensed to do independent testing of games and systems here in Nevada, and was required to perform independent testing on systems to analyze table and slot machine revenues.
However, according to a complaint, the company failed to perform the independent evaluation and even worked with the system's developer to improve certain aspects -- then certifying the system passed the independent testing required for use in Nevada.
Under an agreement between Gaming Labratories International and the control board, regulators will now be able conduct three inspections a year to see if the company is following the rules.
Read more at Northern Nevada Business View.