Saturday, April 2, 2022

Pala Interactive Sold for $170 Million - Bonus for Pala Members?


I am sure Pala Members will enjoy the benefits from their investment in Pala Interactive.

financialpost.com Boyd Gaming to Acquire Pala Interactive

LAS VEGAS — Boyd Gaming Corporation (NYSE: BYD) today announced that its wholly-owned subsidiary, Boyd Interactive Gaming Inc., has entered into a definitive agreement to acquire Pala Interactive LLC and its subsidiaries for total cash consideration of $170 million.

Read On

prnewswire.com Pala Band of Mission Indians Enters into Agreement to Sell Pala Interactive LLC to Boyd Gaming for $170 Million

#

"Our tribe was at the forefront in creating an online gaming platform," said Robert Smith, Chairman of the Pala Band of Mission Indians. "We brought together the best minds in the business to build and ultimately transact, what has become a very successful business." 

Jim Ryan, CEO of Pala Interactive, said, "This is the result of a considerable capital investment and  lot of hard work by the Pala Tribe and Pala Interactive employees to build a modern-age online gaming platform and business tailored to the North American regulated gaming market. Boyd Gaming's acquisition of the Pala Interactive business, positions the enterprise for the next growth phase, which includes the development and execution of an iGaming strategy for Boyd Gaming and a continued commitment of investment and development in Pala's B2B business."

Read On


Thanks to Commenters for bringing this news to attention.





Wednesday, March 2, 2022

Former Paskenta Tribal Leaders Sentenced To Prison


Source:

Department of Justice U.S. Attorney’s Office Eastern District of California - Former Members of Tribal Leadership Sentenced for Multimillion Dollar Embezzlement Scheme


SACRAMENTO, Calif. — Three former leaders of the Paskenta Tribe of Nomlaki Indians were sentenced today for a conspiracy to embezzle or steal from a tribal organization, as well as tax fraud and tax evasion offenses, U.S. Attorney Phillip A. Talbert announced.


U.S. District Judge John A. Mendez sentenced John A. Crosby, 56, of Redding, to four years and nine months in prison and to pay a $10,000 fine; Ines S. Crosby, 76, of Orland, to four years and nine months years in prison; and Leslie A. Lohse, 67, of Glenn, to three years and five months in prison. Lohse has paid $902,208 in restitution prior to today’s sentencing hearing. A hearing will be held on April 19, 2022, to determine the amount of restitution John Crosby and Ines Crosby will pay.


According to court documents, from approximately January 2009 through May 2014, the defendants took millions of dollars from the Paskenta Tribe of Nomlaki Indians without tribal or legal authority, taking advantage of their positions on the Tribal Counsel and in prominent leadership positions in the tribe.


Continue Reading Here -- Department of Justice U.S. Attorney’s Office Eastern District of California - Former Members of Tribal Leadership Sentenced for Multimillion Dollar Embezzlement Scheme



Saturday, January 2, 2021

2021 Assembly District Election Meeting

 Ami Admire is running for Assembly Delegate and seeks support.

From https://adem.cadem.org/ :

"The California Democratic Party  Bylaws (Article VI) provide that an Assembly District Election Meetings (ADEMS) be held in each of the 80 California Assembly Districts in January of each odd-numbered year to elect 7 “self-identified female” and 7 “other than self-identified female” to be Assembly District Delegates (ADDs) to represent the Assembly District they are registered in. These elections are open to all California Democrats.

AD delegates vote within CA Democratic Party on behalf of the community they represent at CDP Regional Meetings, the California Democratic Party Convention, and those who are also elected to serve as an Executive Board member are responsible for voting and representing their community at the semi-annual E-Board meetings."

I am also running for the Executive Board!

The link to register is https://ademelections.com

Please let me know it there are other questions I can answer!

You are so appreciated!

Ami Admire