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All Bets Are Off

Written by on 28 March 2024

 

The Kahnawake Gaming Commission came by the K1037 studios to discuss the recent termination of the royalty agreement of Magic Palace for EGD’s and the shut down of operations for the poker house. Frank Phillips, Chairperson of the Kahnawake Gaming Commission (KGC) was joined by Darryl Leclaire on Tetawathartha, the Party line Talk show. Leclaire on the timing of events:

“As part of our ongoing due diligence, there was a key-person application that we were already investigating. The timing had no effect on us, we were already at the end phase of our investigations in terms of whether or not that individual would be approved for key-person or not. It didn’t look good, let’s be honest, La Presse outs out an article on Tuesday and the next day it’s on our agenda, it had already been on our agenda to render a decision, but it doesn’t look good when the day after we do render that decision, but obviously it had been an accumulation of our due diligence, that didn’t take place in one day, that resulted in the decision to decline the key-person application.”

The operator was required to pay for the investigation. The revocation of license was decided upon on Friday March 22nd through a hand delivered letter with the KGC compliance officer along with a Kahnawake Peacekeeper. The shutdown was effective Monday around 10 am.