6/18/24
• Everything! It is your responsibility, • Understand what a publically traded company compared to a non-public company, • Understand what the financial records are and what to look for when reviewing them. We really want to make sure that the company is financially strong, especially if they are financing the casino projects or are committing to selling the casino a lot of product. • To stay in compliance with IGRA/NIGC you want to make sure that the company is not “in Business” with any organized crime, this will normally come up if an individual who you have back grounded has a criminal record.
Gaming vendors:
37
Gaming vendors
• Consider: • If you don’t background the actual individuals that come on the property then you might want to, (discussion) • Make sure that they disclose any other jurisdictions that they are currently licensed in (especially in Tribal jurisdictions), • If you do not understand a financial statement then consider getting trained on understanding financial statements,
38
19
Made with FlippingBook - Online catalogs