The Pennsylvania Gaming Control Board slapped on Wednesday a 52,500 good on Valley Forge Casino Resort for giving out excessive quantities of free slot play to high-volume clients in the period between 2015 and 2016.
Gaming Control Board investigators found that unauthorized employees in the casino given free slot play at the period between 2015 and 2016. It was also found that licensed employees awarded free slot play outside of their limits of authorization, thus violating state gaming regulations.
The unauthorized and excess free slot play eventually resulted in the casino awarding amounts higher than the amount approved by regulators, according to the Gaming Control Board at a Wednesday notice.
The regulator’s probe into the matter found that in 2015 and 2016, unauthorized staff performed 557 complimentary slot play transactions, together with those being worth over $4000,000. As many as 170 clients obtained the comps and 80% of their cash were awarded to 20 high-volume players, the Gaming Control Board revealed.
The transactions accounted for less than 10% of the total sum of $5.2 million that the casino given in free slots play during the period examined by state regulators.
Michel D. Fabius, the attorney who represented the gaming venue prior to the Gaming Control Board said that he was confident the transactions were completed to real clients and there was a real business reason for those.
Previous Fines
This wasn’t the first time that the gaming resort has been nabbed by Pennsylvania regulators. Back in 2013, the property obtained a $200,000 fine after being found that it had offered Dining Club memberships through a special promotion of little or no financial consideration. However, under state gaming regulations, patrons need to spend at least 10 in a casino complex so as to be admitted into its gaming floor.
It was announced late last year that Las Vegas-based gaming and hospitality company Boyd Gaming will obtain Valley Forge Casino Resort for its total amount of $280.5 million. Situated in the King of Prussia, roughly 20 miles west of Philadelphia, the casino complex became Boyd’s property in Pennsylvania. The fact that the state is home to the country ’s second biggest commercial gaming sector was one of the things that encouraged the company to look for expansion of its own footprint .
The Gaming Control Board gave the nod to the transaction in April. During the hearing prior to the gaming regulator, the casino’so new owners stated that they would look to expand its existing offering with online gaming services. Boyd is no stranger to distant gaming, as before selling its 50% stake in Atlantic City’s Borgata, the firm had participated in the performance of its online casino.
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