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November 21, 2014

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Gaming:

Andre Agassi, partner hit with fine by gaming board

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Inductee Andre Agassi speaks during the induction ceremony for the Southern Nevada Sports Hall of Fame on Friday, May 31, 2013, at The Orleans Arena.

Former tennis star Andre Agassi and the other owner of a Las Vegas restaurant with slot machines have agreed to pay a $15,000 fine for violating state gaming regulations.

The Nevada Gaming Control Board filed a complaint against Agassi and Andrew Corrigan, owners of the Sedona Lounge, 9580 W. Flamingo Road, for failing to get approval before transferring interest in the property.

The complaint, prepared by Senior Deputy Attorney General John Michela, said owners of a business with a gaming license must file an annual report with the state regarding any ownership change.

The Adam B Corrigan Gaming Trust, according to the complaint, filed the annual reports but failed to note the holdings of Corrigan and Agassi had increased.

"This constitutes an unsuitable method of operation," the complaint said.

Corrigan and the Andre Agassi Gaming Properties Trust — which were both licensed by the state previously — now are the owners of the Sedona and both have filed applications to be approved for the increased interest.

The two partners signed the settlement with the board Wednesday and admitted to the violations.

The stipulation must be approved by the state Gaming Commission when it meets Aug. 22.

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