I personally wouldn't spend a nickel in any unregulated casino. As many others have stated, I completely trust Nevada Gaming and that the games in Nevada casinos are fair and unmodified. I also lived in Colorado and played there for six years with the same complete trust. Anyone who doesn't trust the games shouldn't be playing at all.
Do You Trust Indian Casinos?
As I've posted MANY times before, NO casino in the US is unregulated. Indian
casinos are often regulated by 3 agencies, Nevada by 1.
···
-----Original Message-----
From: vpFREE@yahoogroups.com [mailto:vpF…@…com] On Behalf Of
quickquadsvp
Sent: Sunday, June 27, 2010 1:33 PM
To: vpFREE@yahoogroups.com
Subject: [vpFREE] Re: Do You Trust Indian Casinos?
I personally wouldn't spend a nickel in any unregulated casino. As many
others have stated, I completely trust Nevada Gaming and that the games in
Nevada casinos are fair and unmodified. I also lived in Colorado and played
there for six years with the same complete trust. Anyone who doesn't trust
the games shouldn't be playing at all.
------------------------------------
vpFREE Links: http://members.cox.net/vpfree/Links.htm
Yahoo! Groups Links
And as we have asked many times before, which Indian casino(s) issue certified public audits?
···
On 6/27/2010 9:15 PM, Bill Coleman wrote:
As I've posted MANY times before, NO casino in the US is unregulated. Indian
casinos are often regulated by 3 agencies, Nevada by 1.-----Original Message-----
From: vpFREE@yahoogroups.com <mailto:vpFREE%40yahoogroups.com> [mailto:vpF…@…com <mailto:vpFREE%40yahoogroups.com>] On Behalf Of
quickquadsvp
Sent: Sunday, June 27, 2010 1:33 PM
To: vpFREE@yahoogroups.com <mailto:vpFREE%40yahoogroups.com>
Subject: [vpFREE] Re: Do You Trust Indian Casinos?I personally wouldn't spend a nickel in any unregulated casino. As many
others have stated, I completely trust Nevada Gaming and that the games in
Nevada casinos are fair and unmodified. I also lived in Colorado and played
there for six years with the same complete trust. Anyone who doesn't trust
the games shouldn't be playing at all.
Regulators do not conduct or publish audits. Audits of Harrah's, Stations,
M, or any other privately held casino company are not published, either.
···
-----Original Message-----
From: vpFREE@yahoogroups.com [mailto:vpF…@…com] On Behalf Of
MHS
Sent: Sunday, June 27, 2010 6:41 PM
To: vpFREE@yahoogroups.com
Subject: Re: [vpFREE] Re: Do You Trust Indian Casinos?
And as we have asked many times before, which Indian casino(s) issue
certified public audits?
On 6/27/2010 9:15 PM, Bill Coleman wrote:
As I've posted MANY times before, NO casino in the US is unregulated.
Indian
casinos are often regulated by 3 agencies, Nevada by 1.-----Original Message-----
From: vpFREE@yahoogroups.com <mailto:vpFREE%40yahoogroups.com>
[mailto:vpF…@…com <mailto:vpFREE%40yahoogroups.com>] On
Behalf Of
quickquadsvp
Sent: Sunday, June 27, 2010 1:33 PM
To: vpFREE@yahoogroups.com <mailto:vpFREE%40yahoogroups.com>
Subject: [vpFREE] Re: Do You Trust Indian Casinos?I personally wouldn't spend a nickel in any unregulated casino. As many
others have stated, I completely trust Nevada Gaming and that the games in
Nevada casinos are fair and unmodified. I also lived in Colorado and
played
there for six years with the same complete trust. Anyone who doesn't trust
the games shouldn't be playing at all.
------------------------------------
vpFREE Links: http://members.cox.net/vpfree/Links.htm
Yahoo! Groups Links
No one said anything about regulators' audits. The question is which Indian casinos conduct certified audits. A subsequent question would be to whom they are given and then what is done with them. Lacking that information has long been a problem for public opinion about Indian casinos, as we are seeing here now.
···
On 6/27/2010 10:05 PM, Bill Coleman wrote:
Regulators do not conduct or publish audits. Audits of Harrah's, Stations,
M, or any other privately held casino company are not published, either.-----Original Message-----
From: vpFREE@yahoogroups.com <mailto:vpFREE%40yahoogroups.com> [mailto:vpF…@…com <mailto:vpFREE%40yahoogroups.com>] On Behalf Of
MHS
Sent: Sunday, June 27, 2010 6:41 PM
To: vpFREE@yahoogroups.com <mailto:vpFREE%40yahoogroups.com>
Subject: Re: [vpFREE] Re: Do You Trust Indian Casinos?And as we have asked many times before, which Indian casino(s) issue
certified public audits?On 6/27/2010 9:15 PM, Bill Coleman wrote:
>
> As I've posted MANY times before, NO casino in the US is unregulated.
> Indian
> casinos are often regulated by 3 agencies, Nevada by 1.
>
> -----Original Message-----
> From: vpFREE@yahoogroups.com <mailto:vpFREE%40yahoogroups.com> <mailto:vpFREE%40yahoogroups.com>
> [mailto:vpF…@…com <mailto:vpFREE%40yahoogroups.com> <mailto:vpFREE%40yahoogroups.com>] On
> Behalf Of
> quickquadsvp
> Sent: Sunday, June 27, 2010 1:33 PM
> To: vpFREE@yahoogroups.com <mailto:vpFREE%40yahoogroups.com> <mailto:vpFREE%40yahoogroups.com>
> Subject: [vpFREE] Re: Do You Trust Indian Casinos?
>
> I personally wouldn't spend a nickel in any unregulated casino. As many
> others have stated, I completely trust Nevada Gaming and that the games in
> Nevada casinos are fair and unmodified. I also lived in Colorado and
> played
> there for six years with the same complete trust. Anyone who doesn't trust
> the games shouldn't be playing at all.
What do you believe would be achieved by seeing the public accountants opinion as to the fairness of a casino's financial statements.
CPAs do not testify for the randomness or nonrandomness of a VP machine. They are just concerned if the revenue from that machine is being appropriately accounted for.
···
To: vpFREE@yahoogroups.com
From: mspevack@optonline.net
Date: Mon, 28 Jun 2010 10:04:22 -0400
Subject: Re: [vpFREE] Re: Do You Trust Indian Casinos?No one said anything about regulators' audits. The question is which
Indian casinos conduct certified audits. A subsequent question would be
to whom they are given and then what is done with them. Lacking that
information has long been a problem for public opinion about Indian
casinos, as we are seeing here now.On 6/27/2010 10:05 PM, Bill Coleman wrote:
>
> Regulators do not conduct or publish audits. Audits of Harrah's, Stations,
> M, or any other privately held casino company are not published, either.
>
> -----Original Message-----
> From: vpFREE@yahoogroups.com <mailto:vpFREE%40yahoogroups.com>
> [mailto:vpF…@…com <mailto:vpFREE%40yahoogroups.com>] On
> Behalf Of
> MHS
> Sent: Sunday, June 27, 2010 6:41 PM
> To: vpFREE@yahoogroups.com <mailto:vpFREE%40yahoogroups.com>
> Subject: Re: [vpFREE] Re: Do You Trust Indian Casinos?
>
> And as we have asked many times before, which Indian casino(s) issue
> certified public audits?
>
> On 6/27/2010 9:15 PM, Bill Coleman wrote:
> >
> > As I've posted MANY times before, NO casino in the US is unregulated.
> > Indian
> > casinos are often regulated by 3 agencies, Nevada by 1.
> >
> > -----Original Message-----
> > From: vpFREE@yahoogroups.com <mailto:vpFREE%40yahoogroups.com>
> <mailto:vpFREE%40yahoogroups.com>
> > [mailto:vpF…@…com <mailto:vpFREE%40yahoogroups.com>
> <mailto:vpFREE%40yahoogroups.com>] On
> > Behalf Of
> > quickquadsvp
> > Sent: Sunday, June 27, 2010 1:33 PM
> > To: vpFREE@yahoogroups.com <mailto:vpFREE%40yahoogroups.com>
> <mailto:vpFREE%40yahoogroups.com>
> > Subject: [vpFREE] Re: Do You Trust Indian Casinos?
> >
> > I personally wouldn't spend a nickel in any unregulated casino. As many
> > others have stated, I completely trust Nevada Gaming and that the
> games in
> > Nevada casinos are fair and unmodified. I also lived in Colorado and
> > played
> > there for six years with the same complete trust. Anyone who doesn't
> trust
> > the games shouldn't be playing at all.
>------------------------------------
vpFREE Links: http://members.cox.net/vpfree/Links.htm
Yahoo! Groups Links
_________________________________________________________________
The New Busy is not the old busy. Search, chat and e-mail from your inbox.
http://www.windowslive.com/campaign/thenewbusy?ocid=PID28326::T:WLMTAGL:ON:WL:en-US:WM_HMP:042010_3
[Non-text portions of this message have been removed]
What do you believe would be achieved by seeing the public accountants
opinion as to the fairness of a casino's financial statements.
Transparency. Although as we all know too well, public reports do not guarantee integrity, they are a farsight better than no reports. No Indian casinos submit * SEC Form 424B3 "*pursuant to the Private Securities Litigation Reform Act of 1995," as the cited HET continues to do, or issue up-to-date Forms 8-K and 10-K, as HET aslo continues to do.The public and its representatives have a deep interest in what financials casinos report. HET even boasts a detailed and informative 24-slide presentation for investors.
>CPAs do not testify for the randomness or nonrandomness of a VP machine. They are just concerned if the revenue from that machine is being appropriately accounted for.
Correct. That is why responsible jurisdictions like Nevada and New Jersey test and continually oversee slot machines. Which Indian casinos have objective and impartial inspectors doing that?
···
On 6/28/2010 10:21 AM, kelso 1600 wrote:
> To: vpFREE@yahoogroups.com <mailto:vpFREE%40yahoogroups.com>
> From: mspevack@optonline.net <mailto:mspevack%40optonline.net>
> Date: Mon, 28 Jun 2010 10:04:22 -0400
> Subject: Re: [vpFREE] Re: Do You Trust Indian Casinos?
>
> No one said anything about regulators' audits. The question is which
> Indian casinos conduct certified audits. A subsequent question would be
> to whom they are given and then what is done with them. Lacking that
> information has long been a problem for public opinion about Indian
> casinos, as we are seeing here now.
>
> On 6/27/2010 10:05 PM, Bill Coleman wrote:
> >
> > Regulators do not conduct or publish audits. Audits of Harrah's, Stations,
> > M, or any other privately held casino company are not published, either.
> >
> > -----Original Message-----
> > From: vpFREE@yahoogroups.com <mailto:vpFREE%40yahoogroups.com> <mailto:vpFREE%40yahoogroups.com>
> > [mailto:vpF…@…com <mailto:vpFREE%40yahoogroups.com> <mailto:vpFREE%40yahoogroups.com>] On
> > Behalf Of
> > MHS
> > Sent: Sunday, June 27, 2010 6:41 PM
> > To: vpFREE@yahoogroups.com <mailto:vpFREE%40yahoogroups.com> <mailto:vpFREE%40yahoogroups.com>
> > Subject: Re: [vpFREE] Re: Do You Trust Indian Casinos?
> >
> > And as we have asked many times before, which Indian casino(s) issue
> > certified public audits?
> >
> > On 6/27/2010 9:15 PM, Bill Coleman wrote:
> > >
> > > As I've posted MANY times before, NO casino in the US is unregulated.
> > > Indian
> > > casinos are often regulated by 3 agencies, Nevada by 1.
> > >
> > > -----Original Message-----
> > > From: vpFREE@yahoogroups.com <mailto:vpFREE%40yahoogroups.com> <mailto:vpFREE%40yahoogroups.com>
> > <mailto:vpFREE%40yahoogroups.com>
> > > [mailto:vpF…@…com <mailto:vpFREE%40yahoogroups.com> <mailto:vpFREE%40yahoogroups.com>
> > <mailto:vpFREE%40yahoogroups.com>] On
> > > Behalf Of
> > > quickquadsvp
> > > Sent: Sunday, June 27, 2010 1:33 PM
> > > To: vpFREE@yahoogroups.com <mailto:vpFREE%40yahoogroups.com> <mailto:vpFREE%40yahoogroups.com>
> > <mailto:vpFREE%40yahoogroups.com>
> > > Subject: [vpFREE] Re: Do You Trust Indian Casinos?
> > >
> > > I personally wouldn't spend a nickel in any unregulated casino. As many
> > > others have stated, I completely trust Nevada Gaming and that the
> > games in
> > > Nevada casinos are fair and unmodified. I also lived in Colorado and
> > > played
> > > there for six years with the same complete trust. Anyone who doesn't
> > trust
> > > the games shouldn't be playing at all.
From a gambler's perspective visiting an Indian casino, what is the "deep interest" that I should have in the financial statements of an Indian casino?
What kind of transparency should I be looking for and what information will that tell me about their adhering to the gaming regulations for their location or making me a better video poker player?
Harrahs only continues to file publicly disclosed information with the SEC because they have publicly traded debt. I am confident that if they had no publicly traded debt, there would be little public disclosure of their financial statements.
···
To: vpFREE@yahoogroups.com
From: mspevack@optonline.net
Date: Mon, 28 Jun 2010 10:46:01 -0400
Subject: Re: [vpFREE] Re: Do You Trust Indian Casinos?On 6/28/2010 10:21 AM, kelso 1600 wrote:
>What do you believe would be achieved by seeing the public accountants
opinion as to the fairness of a casino's financial statements.Transparency. Although as we all know too well, public reports do not
guarantee integrity, they are a farsight better than no reports. No
Indian casinos submit * SEC Form 424B3 "*pursuant to the Private
Securities Litigation Reform Act of 1995," as the cited HET continues to
do, or issue up-to-date Forms 8-K and 10-K, as HET aslo continues to
do.The public and its representatives have a deep interest in what
financials casinos report. HET even boasts a detailed and informative
24-slide presentation for investors.>CPAs do not testify for the randomness or nonrandomness of a VP
machine. They are just concerned if the revenue from that machine is
being appropriately accounted for.Correct. That is why responsible jurisdictions like Nevada and New
Jersey test and continually oversee slot machines. Which Indian casinos
have objective and impartial inspectors doing that?> > To: vpFREE@yahoogroups.com <mailto:vpFREE%40yahoogroups.com>
> > From: mspevack@optonline.net <mailto:mspevack%40optonline.net>
> > Date: Mon, 28 Jun 2010 10:04:22 -0400
> > Subject: Re: [vpFREE] Re: Do You Trust Indian Casinos?
> >
> > No one said anything about regulators' audits. The question is which
> > Indian casinos conduct certified audits. A subsequent question would be
> > to whom they are given and then what is done with them. Lacking that
> > information has long been a problem for public opinion about Indian
> > casinos, as we are seeing here now.
> >
> >
> > On 6/27/2010 10:05 PM, Bill Coleman wrote:
> > >
> > > Regulators do not conduct or publish audits. Audits of Harrah's,
> Stations,
> > > M, or any other privately held casino company are not published,
> either.
> > >
> > > -----Original Message-----
> > > From: vpFREE@yahoogroups.com <mailto:vpFREE%40yahoogroups.com>
> <mailto:vpFREE%40yahoogroups.com>
> > > [mailto:vpF…@…com <mailto:vpFREE%40yahoogroups.com>
> <mailto:vpFREE%40yahoogroups.com>] On
> > > Behalf Of
> > > MHS
> > > Sent: Sunday, June 27, 2010 6:41 PM
> > > To: vpFREE@yahoogroups.com <mailto:vpFREE%40yahoogroups.com>
> <mailto:vpFREE%40yahoogroups.com>
> > > Subject: Re: [vpFREE] Re: Do You Trust Indian Casinos?
> > >
> > > And as we have asked many times before, which Indian casino(s) issue
> > > certified public audits?
> > >
> > > On 6/27/2010 9:15 PM, Bill Coleman wrote:
> > > >
> > > > As I've posted MANY times before, NO casino in the US is
> unregulated.
> > > > Indian
> > > > casinos are often regulated by 3 agencies, Nevada by 1.
> > > >
> > > > -----Original Message-----
> > > > From: vpFREE@yahoogroups.com <mailto:vpFREE%40yahoogroups.com>
> <mailto:vpFREE%40yahoogroups.com>
> > > <mailto:vpFREE%40yahoogroups.com>
> > > > [mailto:vpF…@…com <mailto:vpFREE%40yahoogroups.com>
> <mailto:vpFREE%40yahoogroups.com>
> > > <mailto:vpFREE%40yahoogroups.com>] On
> > > > Behalf Of
> > > > quickquadsvp
> > > > Sent: Sunday, June 27, 2010 1:33 PM
> > > > To: vpFREE@yahoogroups.com <mailto:vpFREE%40yahoogroups.com>
> <mailto:vpFREE%40yahoogroups.com>
> > > <mailto:vpFREE%40yahoogroups.com>
> > > > Subject: [vpFREE] Re: Do You Trust Indian Casinos?
> > > >
> > > > I personally wouldn't spend a nickel in any unregulated casino.
> As many
> > > > others have stated, I completely trust Nevada Gaming and that the
> > > games in
> > > > Nevada casinos are fair and unmodified. I also lived in Colorado and
> > > > played
> > > > there for six years with the same complete trust. Anyone who
> doesn't
> > > trust
> > > > the games shouldn't be playing at all.
>------------------------------------
vpFREE Links: http://members.cox.net/vpfree/Links.htm
Yahoo! Groups Links
_________________________________________________________________
Hotmail is redefining busy with tools for the New Busy. Get more from your inbox.
http://www.windowslive.com/campaign/thenewbusy?ocid=PID28326::T:WLMTAGL:ON:WL:en-US:WM_HMP:042010_2
[Non-text portions of this message have been removed]
How about every Class III casino in California? Many other states include
such tests in their compacts. Also, Federal law requires tribes with
compacts to submit audited financial statements to NIGC.
···
-----Original Message-----
From: vpFREE@yahoogroups.com [mailto:vpF…@…com] On Behalf Of
MHS
Sent: Monday, June 28, 2010 7:46 AM
To: vpFREE@yahoogroups.com
Subject: Re: [vpFREE] Re: Do You Trust Indian Casinos?
On 6/28/2010 10:21 AM, kelso 1600 wrote:
>CPAs do not testify for the randomness or nonrandomness of a VP
machine. They are just concerned if the revenue from that machine is
being appropriately accounted for.
Correct. That is why responsible jurisdictions like Nevada and New
Jersey test and continually oversee slot machines. Which Indian casinos
have objective and impartial inspectors doing that?
> To: vpFREE@yahoogroups.com <mailto:vpFREE%40yahoogroups.com>
> From: mspevack@optonline.net <mailto:mspevack%40optonline.net>
> Date: Mon, 28 Jun 2010 10:04:22 -0400
> Subject: Re: [vpFREE] Re: Do You Trust Indian Casinos?
>
> No one said anything about regulators' audits. The question is which
> Indian casinos conduct certified audits. A subsequent question would be
> to whom they are given and then what is done with them. Lacking that
> information has long been a problem for public opinion about Indian
> casinos, as we are seeing here now.
>
>
> On 6/27/2010 10:05 PM, Bill Coleman wrote:
> >
> > Regulators do not conduct or publish audits. Audits of Harrah's,
Stations,
> > M, or any other privately held casino company are not published,
either.
> >
> > -----Original Message-----
> > From: vpFREE@yahoogroups.com <mailto:vpFREE%40yahoogroups.com>
<mailto:vpFREE%40yahoogroups.com>
> > [mailto:vpF…@…com <mailto:vpFREE%40yahoogroups.com>
<mailto:vpFREE%40yahoogroups.com>] On
> > Behalf Of
> > MHS
> > Sent: Sunday, June 27, 2010 6:41 PM
> > To: vpFREE@yahoogroups.com <mailto:vpFREE%40yahoogroups.com>
<mailto:vpFREE%40yahoogroups.com>
> > Subject: Re: [vpFREE] Re: Do You Trust Indian Casinos?
> >
> > And as we have asked many times before, which Indian casino(s) issue
> > certified public audits?
> >
> > On 6/27/2010 9:15 PM, Bill Coleman wrote:
> > >
> > > As I've posted MANY times before, NO casino in the US is
unregulated.
> > > Indian
> > > casinos are often regulated by 3 agencies, Nevada by 1.
> > >
> > > -----Original Message-----
> > > From: vpFREE@yahoogroups.com <mailto:vpFREE%40yahoogroups.com>
<mailto:vpFREE%40yahoogroups.com>
> > <mailto:vpFREE%40yahoogroups.com>
> > > [mailto:vpF…@…com <mailto:vpFREE%40yahoogroups.com>
<mailto:vpFREE%40yahoogroups.com>
> > <mailto:vpFREE%40yahoogroups.com>] On
> > > Behalf Of
> > > quickquadsvp
> > > Sent: Sunday, June 27, 2010 1:33 PM
> > > To: vpFREE@yahoogroups.com <mailto:vpFREE%40yahoogroups.com>
<mailto:vpFREE%40yahoogroups.com>
> > <mailto:vpFREE%40yahoogroups.com>
> > > Subject: [vpFREE] Re: Do You Trust Indian Casinos?
> > >
> > > I personally wouldn't spend a nickel in any unregulated casino.
As many
> > > others have stated, I completely trust Nevada Gaming and that the
> > games in
> > > Nevada casinos are fair and unmodified. I also lived in Colorado and
> > > played
> > > there for six years with the same complete trust. Anyone who
doesn't
> > trust
> > > the games shouldn't be playing at all.
------------------------------------
vpFREE Links: http://members.cox.net/vpfree/Links.htm
Yahoo! Groups Links
As I just said in another response, the NIGC requires audited financial
statements from all tribes with compacts.
···
-----Original Message-----
From: vpFREE@yahoogroups.com [mailto:vpF…@…com] On Behalf Of
MHS
Sent: Monday, June 28, 2010 7:04 AM
To: vpFREE@yahoogroups.com
Subject: Re: [vpFREE] Re: Do You Trust Indian Casinos?
No one said anything about regulators' audits. The question is which
Indian casinos conduct certified audits. A subsequent question would be
to whom they are given and then what is done with them. Lacking that
information has long been a problem for public opinion about Indian
casinos, as we are seeing here now.
On 6/27/2010 10:05 PM, Bill Coleman wrote:
Regulators do not conduct or publish audits. Audits of Harrah's, Stations,
M, or any other privately held casino company are not published, either.-----Original Message-----
From: vpFREE@yahoogroups.com <mailto:vpFREE%40yahoogroups.com>
[mailto:vpF…@…com <mailto:vpFREE%40yahoogroups.com>] On
Behalf Of
MHS
Sent: Sunday, June 27, 2010 6:41 PM
To: vpFREE@yahoogroups.com <mailto:vpFREE%40yahoogroups.com>
Subject: Re: [vpFREE] Re: Do You Trust Indian Casinos?And as we have asked many times before, which Indian casino(s) issue
certified public audits?On 6/27/2010 9:15 PM, Bill Coleman wrote:
>
> As I've posted MANY times before, NO casino in the US is unregulated.
> Indian
> casinos are often regulated by 3 agencies, Nevada by 1.
>
> -----Original Message-----
> From: vpFREE@yahoogroups.com <mailto:vpFREE%40yahoogroups.com>
<mailto:vpFREE%40yahoogroups.com>
> [mailto:vpF…@…com <mailto:vpFREE%40yahoogroups.com>
<mailto:vpFREE%40yahoogroups.com>] On
> Behalf Of
> quickquadsvp
> Sent: Sunday, June 27, 2010 1:33 PM
> To: vpFREE@yahoogroups.com <mailto:vpFREE%40yahoogroups.com>
<mailto:vpFREE%40yahoogroups.com>
> Subject: [vpFREE] Re: Do You Trust Indian Casinos?
>
> I personally wouldn't spend a nickel in any unregulated casino. As many
> others have stated, I completely trust Nevada Gaming and that the
games in
> Nevada casinos are fair and unmodified. I also lived in Colorado and
> played
> there for six years with the same complete trust. Anyone who doesn't
trust
> the games shouldn't be playing at all.
------------------------------------
vpFREE Links: http://members.cox.net/vpfree/Links.htm
Yahoo! Groups Links
Harrahs has to submit highly detailed reports to Nevada and New
Jersey. That is more than satisfactory to me. Where do the Indian
casinos file such reports?
···
On 6/28/2010 11:46 AM, kelso 1600 wrote:
>From a gambler's perspective visiting an Indian casino, what is the
"deep interest" that I should have in the financial statements of an
Indian casino?What kind of transparency should I be looking for and what information
will that tell me about their adhering to the gaming regulations for
their location or making me a better video poker player?Harrahs only continues to file publicly disclosed information with the
SEC because they have publicly traded debt. I am confident that if
they had no publicly traded debt, there would be little public
disclosure of their financial statements.> To: vpFREE@yahoogroups.com <mailto:vpFREE%40yahoogroups.com>
> From: mspevack@optonline.net <mailto:mspevack%40optonline.net>
> Date: Mon, 28 Jun 2010 10:46:01 -0400
> Subject: Re: [vpFREE] Re: Do You Trust Indian Casinos?
>
> On 6/28/2010 10:21 AM, kelso 1600 wrote:
>
> >What do you believe would be achieved by seeing the public accountants
> opinion as to the fairness of a casino's financial statements.
>
> Transparency. Although as we all know too well, public reports do not
> guarantee integrity, they are a farsight better than no reports. No
> Indian casinos submit * SEC Form 424B3 "*pursuant to the Private
> Securities Litigation Reform Act of 1995," as the cited HET
continues to
> do, or issue up-to-date Forms 8-K and 10-K, as HET aslo continues to
> do.The public and its representatives have a deep interest in what
> financials casinos report. HET even boasts a detailed and informative
> 24-slide presentation for investors.
>
> >CPAs do not testify for the randomness or nonrandomness of a VP
> machine. They are just concerned if the revenue from that machine is
> being appropriately accounted for.
>
> Correct. That is why responsible jurisdictions like Nevada and New
> Jersey test and continually oversee slot machines. Which Indian casinos
> have objective and impartial inspectors doing that?
>
>
> > > To: vpFREE@yahoogroups.com <mailto:vpFREE%40yahoogroups.com>
<mailto:vpFREE%40yahoogroups.com>
> > > From: mspevack@optonline.net <mailto:mspevack%40optonline.net>
<mailto:mspevack%40optonline.net>
> > > Date: Mon, 28 Jun 2010 10:04:22 -0400
> > > Subject: Re: [vpFREE] Re: Do You Trust Indian Casinos?
> > >
> > > No one said anything about regulators' audits. The question is which
> > > Indian casinos conduct certified audits. A subsequent question
would be
> > > to whom they are given and then what is done with them. Lacking that
> > > information has long been a problem for public opinion about Indian
> > > casinos, as we are seeing here now.
> > >
> > >
> > > On 6/27/2010 10:05 PM, Bill Coleman wrote:
> > > >
> > > > Regulators do not conduct or publish audits. Audits of Harrah's,
> > Stations,
> > > > M, or any other privately held casino company are not published,
> > either.
> > > >
> > > > -----Original Message-----
> > > > From: vpFREE@yahoogroups.com <mailto:vpFREE%40yahoogroups.com>
<mailto:vpFREE%40yahoogroups.com>
> > <mailto:vpFREE%40yahoogroups.com>
> > > > [mailto:vpF…@…com
<mailto:vpFREE%40yahoogroups.com> <mailto:vpFREE%40yahoogroups.com>
> > <mailto:vpFREE%40yahoogroups.com>] On
> > > > Behalf Of
> > > > MHS
> > > > Sent: Sunday, June 27, 2010 6:41 PM
> > > > To: vpFREE@yahoogroups.com <mailto:vpFREE%40yahoogroups.com>
<mailto:vpFREE%40yahoogroups.com>
> > <mailto:vpFREE%40yahoogroups.com>
> > > > Subject: Re: [vpFREE] Re: Do You Trust Indian Casinos?
> > > >
> > > > And as we have asked many times before, which Indian casino(s)
issue
> > > > certified public audits?
> > > >
> > > > On 6/27/2010 9:15 PM, Bill Coleman wrote:
> > > > >
> > > > > As I've posted MANY times before, NO casino in the US is
> > unregulated.
> > > > > Indian
> > > > > casinos are often regulated by 3 agencies, Nevada by 1.
> > > > >
> > > > > -----Original Message-----
> > > > > From: vpFREE@yahoogroups.com
<mailto:vpFREE%40yahoogroups.com> <mailto:vpFREE%40yahoogroups.com>
> > <mailto:vpFREE%40yahoogroups.com>
> > > > <mailto:vpFREE%40yahoogroups.com>
> > > > > [mailto:vpF…@…com
<mailto:vpFREE%40yahoogroups.com> <mailto:vpFREE%40yahoogroups.com>
> > <mailto:vpFREE%40yahoogroups.com>
> > > > <mailto:vpFREE%40yahoogroups.com>] On
> > > > > Behalf Of
> > > > > quickquadsvp
> > > > > Sent: Sunday, June 27, 2010 1:33 PM
> > > > > To: vpFREE@yahoogroups.com <mailto:vpFREE%40yahoogroups.com>
<mailto:vpFREE%40yahoogroups.com>
> > <mailto:vpFREE%40yahoogroups.com>
> > > > <mailto:vpFREE%40yahoogroups.com>
> > > > > Subject: [vpFREE] Re: Do You Trust Indian Casinos?
> > > > >
> > > > > I personally wouldn't spend a nickel in any unregulated casino.
> > As many
> > > > > others have stated, I completely trust Nevada Gaming and
that the
> > > > games in
> > > > > Nevada casinos are fair and unmodified. I also lived in
Colorado and
> > > > > played
> > > > > there for six years with the same complete trust. Anyone who
> > doesn't
> > > > trust
> > > > > the games shouldn't be playing at all.
[Non-text portions of this message have been removed]
Then why are they not available through FOIA?
···
On 6/28/2010 12:27 PM, Bill Coleman wrote:
How about every Class III casino in California? Many other states include
such tests in their compacts. Also, Federal law requires tribes with
compacts to submit audited financial statements to NIGC.-----Original Message-----
From: vpFREE@yahoogroups.com <mailto:vpFREE%40yahoogroups.com> [mailto:vpF…@…com <mailto:vpFREE%40yahoogroups.com>] On Behalf Of
MHS
Sent: Monday, June 28, 2010 7:46 AM
To: vpFREE@yahoogroups.com <mailto:vpFREE%40yahoogroups.com>
Subject: Re: [vpFREE] Re: Do You Trust Indian Casinos?On 6/28/2010 10:21 AM, kelso 1600 wrote:
>CPAs do not testify for the randomness or nonrandomness of a VP
machine. They are just concerned if the revenue from that machine is
being appropriately accounted for.Correct. That is why responsible jurisdictions like Nevada and New
Jersey test and continually oversee slot machines. Which Indian casinos
have objective and impartial inspectors doing that?> > To: vpFREE@yahoogroups.com <mailto:vpFREE%40yahoogroups.com> <mailto:vpFREE%40yahoogroups.com>
> > From: mspevack@optonline.net <mailto:mspevack%40optonline.net> <mailto:mspevack%40optonline.net>
> > Date: Mon, 28 Jun 2010 10:04:22 -0400
> > Subject: Re: [vpFREE] Re: Do You Trust Indian Casinos?
> >
> > No one said anything about regulators' audits. The question is which
> > Indian casinos conduct certified audits. A subsequent question would be
> > to whom they are given and then what is done with them. Lacking that
> > information has long been a problem for public opinion about Indian
> > casinos, as we are seeing here now.
> >
> > On 6/27/2010 10:05 PM, Bill Coleman wrote:
> > >
> > > Regulators do not conduct or publish audits. Audits of Harrah's,
> Stations,
> > > M, or any other privately held casino company are not published,
> either.
> > >
> > > -----Original Message-----
> > > From: vpFREE@yahoogroups.com <mailto:vpFREE%40yahoogroups.com> <mailto:vpFREE%40yahoogroups.com>
> <mailto:vpFREE%40yahoogroups.com>
> > > [mailto:vpF…@…com <mailto:vpFREE%40yahoogroups.com> <mailto:vpFREE%40yahoogroups.com>
> <mailto:vpFREE%40yahoogroups.com>] On
> > > Behalf Of
> > > MHS
> > > Sent: Sunday, June 27, 2010 6:41 PM
> > > To: vpFREE@yahoogroups.com <mailto:vpFREE%40yahoogroups.com> <mailto:vpFREE%40yahoogroups.com>
> <mailto:vpFREE%40yahoogroups.com>
> > > Subject: Re: [vpFREE] Re: Do You Trust Indian Casinos?
> > >
> > > And as we have asked many times before, which Indian casino(s) issue
> > > certified public audits?
> > >
> > > On 6/27/2010 9:15 PM, Bill Coleman wrote:
> > > >
> > > > As I've posted MANY times before, NO casino in the US is
> unregulated.
> > > > Indian
> > > > casinos are often regulated by 3 agencies, Nevada by 1.
> > > >
> > > > -----Original Message-----
> > > > From: vpFREE@yahoogroups.com <mailto:vpFREE%40yahoogroups.com> <mailto:vpFREE%40yahoogroups.com>
> <mailto:vpFREE%40yahoogroups.com>
> > > <mailto:vpFREE%40yahoogroups.com>
> > > > [mailto:vpF…@…com <mailto:vpFREE%40yahoogroups.com> <mailto:vpFREE%40yahoogroups.com>
> <mailto:vpFREE%40yahoogroups.com>
> > > <mailto:vpFREE%40yahoogroups.com>] On
> > > > Behalf Of
> > > > quickquadsvp
> > > > Sent: Sunday, June 27, 2010 1:33 PM
> > > > To: vpFREE@yahoogroups.com <mailto:vpFREE%40yahoogroups.com> <mailto:vpFREE%40yahoogroups.com>
> <mailto:vpFREE%40yahoogroups.com>
> > > <mailto:vpFREE%40yahoogroups.com>
> > > > Subject: [vpFREE] Re: Do You Trust Indian Casinos?
> > > >
> > > > I personally wouldn't spend a nickel in any unregulated casino.
> As many
> > > > others have stated, I completely trust Nevada Gaming and that the
> > > games in
> > > > Nevada casinos are fair and unmodified. I also lived in Colorado and
> > > > played
> > > > there for six years with the same complete trust. Anyone who
> doesn't
> > > trust
> > > > the games shouldn't be playing at all.
>
In that case, they should be available through FOIA.
···
On 6/28/2010 12:28 PM, Bill Coleman wrote:
As I just said in another response, the NIGC requires audited financial
statements from all tribes with compacts.-----Original Message-----
From: vpFREE@yahoogroups.com <mailto:vpFREE%40yahoogroups.com> [mailto:vpF…@…com <mailto:vpFREE%40yahoogroups.com>] On Behalf Of
MHS
Sent: Monday, June 28, 2010 7:04 AM
To: vpFREE@yahoogroups.com <mailto:vpFREE%40yahoogroups.com>
Subject: Re: [vpFREE] Re: Do You Trust Indian Casinos?No one said anything about regulators' audits. The question is which
Indian casinos conduct certified audits. A subsequent question would be
to whom they are given and then what is done with them. Lacking that
information has long been a problem for public opinion about Indian
casinos, as we are seeing here now.On 6/27/2010 10:05 PM, Bill Coleman wrote:
>
> Regulators do not conduct or publish audits. Audits of Harrah's, Stations,
> M, or any other privately held casino company are not published, either.
>
> -----Original Message-----
> From: vpFREE@yahoogroups.com <mailto:vpFREE%40yahoogroups.com> <mailto:vpFREE%40yahoogroups.com>
> [mailto:vpF…@…com <mailto:vpFREE%40yahoogroups.com> <mailto:vpFREE%40yahoogroups.com>] On
> Behalf Of
> MHS
> Sent: Sunday, June 27, 2010 6:41 PM
> To: vpFREE@yahoogroups.com <mailto:vpFREE%40yahoogroups.com> <mailto:vpFREE%40yahoogroups.com>
> Subject: Re: [vpFREE] Re: Do You Trust Indian Casinos?
>
> And as we have asked many times before, which Indian casino(s) issue
> certified public audits?
>
> On 6/27/2010 9:15 PM, Bill Coleman wrote:
> >
> > As I've posted MANY times before, NO casino in the US is unregulated.
> > Indian
> > casinos are often regulated by 3 agencies, Nevada by 1.
> >
> > -----Original Message-----
> > From: vpFREE@yahoogroups.com <mailto:vpFREE%40yahoogroups.com> <mailto:vpFREE%40yahoogroups.com>
> <mailto:vpFREE%40yahoogroups.com>
> > [mailto:vpF…@…com <mailto:vpFREE%40yahoogroups.com> <mailto:vpFREE%40yahoogroups.com>
> <mailto:vpFREE%40yahoogroups.com>] On
> > Behalf Of
> > quickquadsvp
> > Sent: Sunday, June 27, 2010 1:33 PM
> > To: vpFREE@yahoogroups.com <mailto:vpFREE%40yahoogroups.com> <mailto:vpFREE%40yahoogroups.com>
> <mailto:vpFREE%40yahoogroups.com>
> > Subject: [vpFREE] Re: Do You Trust Indian Casinos?
> >
> > I personally wouldn't spend a nickel in any unregulated casino. As many
> > others have stated, I completely trust Nevada Gaming and that the
> games in
> > Nevada casinos are fair and unmodified. I also lived in Colorado and
> > played
> > there for six years with the same complete trust. Anyone who doesn't
> trust
> > the games shouldn't be playing at all.
>
If they are not I'd presume that because the tribes are sovereign they are
exempt. Also, remember that they would not be able to finance construction
without audited statements.
···
-----Original Message-----
From: vpFREE@yahoogroups.com [mailto:vpF…@…com] On Behalf Of
MHS
Sent: Monday, June 28, 2010 10:41 AM
To: vpFREE@yahoogroups.com
Subject: Re: [vpFREE] Re: Do You Trust Indian Casinos?
Then why are they not available through FOIA?
On 6/28/2010 12:27 PM, Bill Coleman wrote:
How about every Class III casino in California? Many other states include
such tests in their compacts. Also, Federal law requires tribes with
compacts to submit audited financial statements to NIGC.-----Original Message-----
From: vpFREE@yahoogroups.com <mailto:vpFREE%40yahoogroups.com>
[mailto:vpF…@…com <mailto:vpFREE%40yahoogroups.com>] On
Behalf Of
MHS
Sent: Monday, June 28, 2010 7:46 AM
To: vpFREE@yahoogroups.com <mailto:vpFREE%40yahoogroups.com>
Subject: Re: [vpFREE] Re: Do You Trust Indian Casinos?On 6/28/2010 10:21 AM, kelso 1600 wrote:
>CPAs do not testify for the randomness or nonrandomness of a VP
machine. They are just concerned if the revenue from that machine is
being appropriately accounted for.Correct. That is why responsible jurisdictions like Nevada and New
Jersey test and continually oversee slot machines. Which Indian casinos
have objective and impartial inspectors doing that?> > To: vpFREE@yahoogroups.com <mailto:vpFREE%40yahoogroups.com>
<mailto:vpFREE%40yahoogroups.com>
> > From: mspevack@optonline.net <mailto:mspevack%40optonline.net>
<mailto:mspevack%40optonline.net>
> > Date: Mon, 28 Jun 2010 10:04:22 -0400
> > Subject: Re: [vpFREE] Re: Do You Trust Indian Casinos?
> >
> > No one said anything about regulators' audits. The question is which
> > Indian casinos conduct certified audits. A subsequent question
would be
> > to whom they are given and then what is done with them. Lacking that
> > information has long been a problem for public opinion about Indian
> > casinos, as we are seeing here now.
> >
> >
> > On 6/27/2010 10:05 PM, Bill Coleman wrote:
> > >
> > > Regulators do not conduct or publish audits. Audits of Harrah's,
> Stations,
> > > M, or any other privately held casino company are not published,
> either.
> > >
> > > -----Original Message-----
> > > From: vpFREE@yahoogroups.com <mailto:vpFREE%40yahoogroups.com>
<mailto:vpFREE%40yahoogroups.com>
> <mailto:vpFREE%40yahoogroups.com>
> > > [mailto:vpF…@…com <mailto:vpFREE%40yahoogroups.com>
<mailto:vpFREE%40yahoogroups.com>
> <mailto:vpFREE%40yahoogroups.com>] On
> > > Behalf Of
> > > MHS
> > > Sent: Sunday, June 27, 2010 6:41 PM
> > > To: vpFREE@yahoogroups.com <mailto:vpFREE%40yahoogroups.com>
<mailto:vpFREE%40yahoogroups.com>
> <mailto:vpFREE%40yahoogroups.com>
> > > Subject: Re: [vpFREE] Re: Do You Trust Indian Casinos?
> > >
> > > And as we have asked many times before, which Indian casino(s) issue
> > > certified public audits?
> > >
> > > On 6/27/2010 9:15 PM, Bill Coleman wrote:
> > > >
> > > > As I've posted MANY times before, NO casino in the US is
> unregulated.
> > > > Indian
> > > > casinos are often regulated by 3 agencies, Nevada by 1.
> > > >
> > > > -----Original Message-----
> > > > From: vpFREE@yahoogroups.com <mailto:vpFREE%40yahoogroups.com>
<mailto:vpFREE%40yahoogroups.com>
> <mailto:vpFREE%40yahoogroups.com>
> > > <mailto:vpFREE%40yahoogroups.com>
> > > > [mailto:vpF…@…com
<mailto:vpFREE%40yahoogroups.com> <mailto:vpFREE%40yahoogroups.com>
> <mailto:vpFREE%40yahoogroups.com>
> > > <mailto:vpFREE%40yahoogroups.com>] On
> > > > Behalf Of
> > > > quickquadsvp
> > > > Sent: Sunday, June 27, 2010 1:33 PM
> > > > To: vpFREE@yahoogroups.com <mailto:vpFREE%40yahoogroups.com>
<mailto:vpFREE%40yahoogroups.com>
> <mailto:vpFREE%40yahoogroups.com>
> > > <mailto:vpFREE%40yahoogroups.com>
> > > > Subject: [vpFREE] Re: Do You Trust Indian Casinos?
> > > >
> > > > I personally wouldn't spend a nickel in any unregulated casino.
> As many
> > > > others have stated, I completely trust Nevada Gaming and that the
> > > games in
> > > > Nevada casinos are fair and unmodified. I also lived in
Colorado and
> > > > played
> > > > there for six years with the same complete trust. Anyone who
> doesn't
> > > trust
> > > > the games shouldn't be playing at all.
>
------------------------------------
vpFREE Links: http://members.cox.net/vpfree/Links.htm
Yahoo! Groups Links
Depends on the compact, but they have to send some information to the
Federal Gov't and to their State. If they are Class II without a compact
they have few reporting obligations.
···
-----Original Message-----
From: vpFREE@yahoogroups.com [mailto:vpF…@…com] On Behalf Of
MHS
Sent: Monday, June 28, 2010 10:39 AM
To: vpFREE@yahoogroups.com
Subject: Re: [vpFREE] Re: Do You Trust Indian Casinos?
Harrahs has to submit highly detailed reports to Nevada and New
Jersey. That is more than satisfactory to me. Where do the Indian
casinos file such reports?
On 6/28/2010 11:46 AM, kelso 1600 wrote:
>From a gambler's perspective visiting an Indian casino, what is the
"deep interest" that I should have in the financial statements of an
Indian casino?What kind of transparency should I be looking for and what information
will that tell me about their adhering to the gaming regulations for
their location or making me a better video poker player?Harrahs only continues to file publicly disclosed information with the
SEC because they have publicly traded debt. I am confident that if
they had no publicly traded debt, there would be little public
disclosure of their financial statements.> To: vpFREE@yahoogroups.com <mailto:vpFREE%40yahoogroups.com>
> From: mspevack@optonline.net <mailto:mspevack%40optonline.net>
> Date: Mon, 28 Jun 2010 10:46:01 -0400
> Subject: Re: [vpFREE] Re: Do You Trust Indian Casinos?
>
> On 6/28/2010 10:21 AM, kelso 1600 wrote:
>
> >What do you believe would be achieved by seeing the public accountants
> opinion as to the fairness of a casino's financial statements.
>
> Transparency. Although as we all know too well, public reports do not
> guarantee integrity, they are a farsight better than no reports. No
> Indian casinos submit * SEC Form 424B3 "*pursuant to the Private
> Securities Litigation Reform Act of 1995," as the cited HET
continues to
> do, or issue up-to-date Forms 8-K and 10-K, as HET aslo continues to
> do.The public and its representatives have a deep interest in what
> financials casinos report. HET even boasts a detailed and informative
> 24-slide presentation for investors.
>
> >CPAs do not testify for the randomness or nonrandomness of a VP
> machine. They are just concerned if the revenue from that machine is
> being appropriately accounted for.
>
> Correct. That is why responsible jurisdictions like Nevada and New
> Jersey test and continually oversee slot machines. Which Indian casinos
> have objective and impartial inspectors doing that?
>
>
> > > To: vpFREE@yahoogroups.com <mailto:vpFREE%40yahoogroups.com>
<mailto:vpFREE%40yahoogroups.com>
> > > From: mspevack@optonline.net <mailto:mspevack%40optonline.net>
<mailto:mspevack%40optonline.net>
> > > Date: Mon, 28 Jun 2010 10:04:22 -0400
> > > Subject: Re: [vpFREE] Re: Do You Trust Indian Casinos?
> > >
> > > No one said anything about regulators' audits. The question is which
> > > Indian casinos conduct certified audits. A subsequent question
would be
> > > to whom they are given and then what is done with them. Lacking that
> > > information has long been a problem for public opinion about Indian
> > > casinos, as we are seeing here now.
> > >
> > >
> > > On 6/27/2010 10:05 PM, Bill Coleman wrote:
> > > >
> > > > Regulators do not conduct or publish audits. Audits of Harrah's,
> > Stations,
> > > > M, or any other privately held casino company are not published,
> > either.
> > > >
> > > > -----Original Message-----
> > > > From: vpFREE@yahoogroups.com <mailto:vpFREE%40yahoogroups.com>
<mailto:vpFREE%40yahoogroups.com>
> > <mailto:vpFREE%40yahoogroups.com>
> > > > [mailto:vpF…@…com
<mailto:vpFREE%40yahoogroups.com> <mailto:vpFREE%40yahoogroups.com>
> > <mailto:vpFREE%40yahoogroups.com>] On
> > > > Behalf Of
> > > > MHS
> > > > Sent: Sunday, June 27, 2010 6:41 PM
> > > > To: vpFREE@yahoogroups.com <mailto:vpFREE%40yahoogroups.com>
<mailto:vpFREE%40yahoogroups.com>
> > <mailto:vpFREE%40yahoogroups.com>
> > > > Subject: Re: [vpFREE] Re: Do You Trust Indian Casinos?
> > > >
> > > > And as we have asked many times before, which Indian casino(s)
issue
> > > > certified public audits?
> > > >
> > > > On 6/27/2010 9:15 PM, Bill Coleman wrote:
> > > > >
> > > > > As I've posted MANY times before, NO casino in the US is
> > unregulated.
> > > > > Indian
> > > > > casinos are often regulated by 3 agencies, Nevada by 1.
> > > > >
> > > > > -----Original Message-----
> > > > > From: vpFREE@yahoogroups.com
<mailto:vpFREE%40yahoogroups.com> <mailto:vpFREE%40yahoogroups.com>
> > <mailto:vpFREE%40yahoogroups.com>
> > > > <mailto:vpFREE%40yahoogroups.com>
> > > > > [mailto:vpF…@…com
<mailto:vpFREE%40yahoogroups.com> <mailto:vpFREE%40yahoogroups.com>
> > <mailto:vpFREE%40yahoogroups.com>
> > > > <mailto:vpFREE%40yahoogroups.com>] On
> > > > > Behalf Of
> > > > > quickquadsvp
> > > > > Sent: Sunday, June 27, 2010 1:33 PM
> > > > > To: vpFREE@yahoogroups.com <mailto:vpFREE%40yahoogroups.com>
<mailto:vpFREE%40yahoogroups.com>
> > <mailto:vpFREE%40yahoogroups.com>
> > > > <mailto:vpFREE%40yahoogroups.com>
> > > > > Subject: [vpFREE] Re: Do You Trust Indian Casinos?
> > > > >
> > > > > I personally wouldn't spend a nickel in any unregulated casino.
> > As many
> > > > > others have stated, I completely trust Nevada Gaming and
that the
> > > > games in
> > > > > Nevada casinos are fair and unmodified. I also lived in
Colorado and
> > > > > played
> > > > > there for six years with the same complete trust. Anyone who
> > doesn't
> > > > trust
> > > > > the games shouldn't be playing at all.
[Non-text portions of this message have been removed]
------------------------------------
vpFREE Links: http://members.cox.net/vpfree/Links.htm
Yahoo! Groups Links