On that occasion, the gaming commission demanded the resignation of president and CEO Lee Amaitis and called for \u201ca culture change\u201d within the company.<\/strong><\/p>\nThe primary reason the control board did not recommend license revocation over the latest infractions is because the panel said it noticed progress in CGT\u2019s corporate governance and it commended the company for self-reporting the violations, despite knowing what might be at stake.<\/p>\n
\u201cThere seems to be a sincere effort to comply with the Gaming Control Act,\u201d it said.<\/p>\n
Nevada gaming commissioners often concur with the recommendations of their colleagues on the control board panel, but CGT execs will have to hope they don\u2019t make an exception in this case.<\/p>\n","protected":false},"excerpt":{"rendered":"
Las Vegas sportsbook operator CG Technology (CGT) will face the judgment of the Nevada Gaming Commission (NGC) on Thursday, knowing its license to operate is on the line. Last week, the Gaming Control Board ordered the CGT to dump all its sports betting technology over numerous compliance failures, recommending a fine of $250,000. CGT has […]<\/p>\n","protected":false},"author":36,"featured_media":86318,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[62,18,13592,1074,16693],"tags":[],"acf":[],"yoast_head":"\n
CG Technology to Sweat Possible Nevada License Revocation<\/title>\n\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\t\n\n\n\n\n\n\t\n\t\n\t\n