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MGM Resorts Pays $225,000 Settlement to New Jersey

Terry Christensen, former board member of MGM Resorts, imprisoned in 2006 for his part in wire-tapping

MGM Resorts Global is eager to regain a fresh Jersey gaming license for the first time since 2010, when it attempted to sell its stake into the Borgata and ceased operations in hawaii.

It has been announced this week that the company will pay a $225,000 settlement to nj-new Jersey regulators to resolve an issue that is decade-old to your shady dealings of its board members.

Because well as serving on the MGM board for nine years, attorney Terry Christensen was a 40-year adviser that is legal personal confidant to billionaire casino mogul Kirk Kerkorian, the business’s major shareholder.

Christensen was indeed president of Tracinda, an investment that is private arranged by Kerkorian, in 1987, and he had also helped set up MGM Grand Air and MGM Grand Corp.

However, in 2006 he was indicted and charged, with celebrity private detective Anthony Pellicano, with bugging the phone of Lisa Bonder, Kerkorian’s ex-wife. Christensen received a prison that is three-year while Pellicano got 15 years.

However, the beef with the New Jersey Division of Gaming Enforcement (DGE) appears to be that MGM continued to consult Christensen on a wide range of matters after his resignation from the business’s board and subsequent conviction that is criminal.

Under New Jersey Gaming legislation nobody with a criminal conviction may be engaged in th (mais…)