In accordance with 4 Pa.C.S. §§ 1202(b)(27) and (27.1) and 1513(a.2)(1) (relating to general and specific powers; political influence), the Pennsylvania Gaming Control Board (Board) is providing the following list of all applicants for and holders of a slot machine license, table game operation certificate, manufacturer license, supplier license or racing entity license, and the affiliates, intermediaries, subsidiaries, holding companies, principals and key employees thereof. These reports are also available on the Board's web site at www.pgcb.pa.gov. The reports can be found under the Licensure, Reports and General Information Section.
SUSAN A. YOCUM,
Assistant Chief Counsel
The following listed Principals are required to be licensed by the PGCB because they are: 1) officers; 2) directors; 3) persons who directly hold a beneficial interest in or ownership of the securities of an applicant or licensee; 4) person who have a controlling interest (own or beneficially holds 5% or more of the the securities of a publicly traded company or 1% or more of the securities of a privately held company) in an applicant or licensee; 5) persons who have the ability to elect a majority of the board of directors of a licensee or to otherwise control a licensee; 6) lenders or other licensed financial institutions of an applicant or licensee, other than a bank or lending institution which makes a loan or holds a mortgage or lien acquired in the ordinary course of business; 7) underwriters of an applicant or licensee; 8) trustees, grantors or beneficiaries of a trust that is required to be an applicant or licensee; 8) trustees, grantors or beneficiaries of a trust that is required to be licensed; 9) persons who have the ability to control the management of investment funds; or 10) other persons or employees of an applicant or licensee deemed to be a principal by the PGCB.
Breakdown of Ownership in the Organizational Chain |
95.000 | Harrah's Chester Downs Investment Company, LLC |
2.500 | George Miller |
2.500 | Kevin Flynn |
100.000 | |
| Harrah's Chester Downs Investment Company, LLC |
100.000 | Harrahs Operating Company, Inc. |
| |
| Harrah's Operating Company, Inc. |
100.000 | Ceasar's Entertainment, Corporation |
| |
| Ceasar's Entertainment Corporation |
32.8999 | Co-Invest Hamlet Holdings B LLC (Entity comprised of exempt investment funds—see 58 Pa. Code § 433a.4(f)) |
18.6348 | TPG Hamlet Holdings, LLC (Entity comprised of exempt investment funds—see 58 Pa. Code § 433a.4(f)) |
14.1002 | Co-Invest Hamlet Holdings, Series LLC (Entity comprised of exempt investment funds—see 58 Pa. Code § 433a.4(f)) |
11.2683 | Apollo Hamlet Holdings B, LLC (Entity comprised of exempt investment funds—see 58 Pa. Code § 433a.4(f)) |
9.9226 | Apollo Hamlet Holdings, LLC (Entity comprised of exempt investment funds—see 58 Pa. Code § 433a.4(f)) |
4.2555 | Paulson Credit Opportunity Master, Ltd. |
3.4458 | Paulson Advantage Plus Master Ltd. |
2.5561 | TPG Hamlet Holdings B, LLC (Entity comprised of exempt investment funds—see 58 Pa. Code § 433a.4(f)) |
1.6542 | Paulson Advantage Master, Ltd. |
0.7223 | Certain members of Harrah's Management |
0.5402 | Paulson Recovery Master Fund, Ltd. |
100.000 |
Net Ownership Interest in Chester Downs and Marina, LLC |
31.255 | Co-Invest Hamlet Holdings B LLC (Entity comprised of exempt investment funds—see 58 Pa. Code § 433a.4(f)) |
17.703 | TPG Hamlet Holdings, LLC (Entity comprised of exempt investment funds—see 58 Pa. Code § 433a.4(f)) |
13.395 | Co-Invest Hamlet Holdings, Series LLC (Entity comprised of exempt investment funds—see 58 Pa. Code § 433a.4(f)) |
10.705 | Apollo Hamlet Holdings B, LLC (Entity comprised of exempt investment funds—see 58 Pa. Code § 433a.4(f)) |
9.426 | Apollo Hamlet Holdings, LLC (Entity comprised of exempt investment funds—see 58 Pa. Code § 433a.4(f)) |
4.043 | Paulson Credit Opportunity Master, Ltd. |
3.274 | Paulson Advantage Plus Master Ltd. |
2.500 | George Miller |
2.500 | Kevin Flynn |
2.428 | TPG Hamlet Holdings B, LLC (Entity comprised of exempt investment funds—see 58 Pa. Code § 433a.4(f)) |
1.571 | Paulson Advantage Master, Ltd. |
0.686 | Certain members of Harrah's Management |
0.513 | Paulson Recovery Master Fund, Ltd. |
100.00 |
Breakdown of Ownership in the Organizational Chain |
100.000 | Greenwood G&E Holding, Inc. |
| |
| Greenwood G&E Holding, Inc. |
100.000 | Greenwood Racing, Inc. |
| | |
| Greenwood Racing, Inc. |
78.950 | International Turf Investment Co., Inc. |
9.122 | Rock Ltd. |
4.999 | Robert Green |
1.807 | William Hogwood |
4.132 | ITIC/ITAC, LLC |
0.988 | International Turf Acquisition Co., Inc. |
100.00 | |
| |
| International Turf Acquisition Co., Inc. |
100.000 | Kooringal Holdings B.V. |
| |
| International Turf Investment Company, Inc. |
100.000 | Kooringal Holdings B.V. |
| |
| ITIC/ITAC, LLC |
99.000 | International Turf Investment Co., Inc. |
1.000 | International Turf Acquisition Co., Inc. |
100.000 | |
| |
| Rock Ltd. |
90.000 | James Lane |
10.000 | Richard Kendle |
100.000 | |
| |
| Bensalem Racing Association, Inc. |
100.000 | Greenwood Racing, Inc. |
| |
| Keystone Turf Club, Inc. |
100.000 | Greenwood Racing, Inc. |
| |
| Kooringal Holdings B.V. |
100.000 | Kooringal Holdings Curacao N.V. |
| Kooringal Holdings Curacao N.V. |
100.000 | Watche Manoukian |
| |
Net Ownership Interest in Greenwood Gaming and Entertainment, Inc. |
84.070 | Watche Manoukian |
8.210 | James Lane |
4.999 | Robert Green |
1.807 | William Hogwood |
0.912 | Richard Kendle |
100.00 |
Breakdown of Ownership in the Organizational Chain |
100.000 | MTR Gaming Group, Inc. |
| |
| MTR Gaming Group, Inc. |
57.660 | Publicly traded stock held by shareholders that each own less than 5% (see 58 Pa. Code § 433a.3(e)) |
18.330 | Jeffrey P. Jacobs, Jeffrey P. Jacobs Revocable Trust, under declaration of trust dated 7/10/2000, |
| Jacobs Entertainment, Inc., and Gameco Holdings, Inc. |
9.660 | Bridgade Capital Management, LLC (exempt institutional investor—see 58 Pa. Code § 433a.5) |
7.470 | Arbitar Partners QP, LP |
6.880 | Par Investment Partners, L. P. |
100.00 | |
Net Ownership Interest in Presque Isle Downs, Inc. |
57.660 | Publicly traded stock held by shareholders that each own less than 5% (see 58 Pa. Code § 433a.3(e)) |
18.330 | Jeffrey P. Jacobs, Jeffrey P. Jacobs Revocable Trust, under declaration of trust dated 7/10/2000, |
| Jacobs Entertainment, Inc., and Gameco Holdings, Inc. |
9.660 | Bridgade Capital Management, LLC (exempt institutional investor—see 58 Pa. Code § 433a.5) |
7.470 | Arbitar Partners QP, LP |
6.880 | Par Investment Partners, L.P. |
100.000 |
Breakdown of Ownership in the Organizational Chain |
100.000 | PA Meadows, LLC |
| |
| PA Meadows, LLC |
100.000 | PA MezzCo, LLC |
| PA MezzCo, LLC |
100.000 | Cannery Casino Resorts, LLC |
| |
| Cannery Casino Resorts, LLC |
43.790 | Millennium Gaming, Inc. |
31.710 | OCM AcquisitionCo, LLC |
12.250 | Crown CCR Group Investments One, LLC |
12.250 | Crown CCR Group Investments Two, LLC |
100.000 | |
| |
| Millennium Gaming, Inc. |
50.000 | William Paulos |
50.000 | William Wortman |
100.000 | |
| |
| OCM AcquisitionCo, LLC |
100.000 | OCM Blocker, LLC |
| |
| OCM Blocker, LLC |
100.000 | OCM HoldCo, LLC |
| |
| OCM HoldCo, LLC |
100.000 | Voting Membership Interest—OCM VoteCo, LLC |
100.000 | Non-Voting Membership Interest—OCM InvestCo, LLC |
| |
| OCM VoteCo, LLC |
14.286 | Ronald Beck |
14.286 | Stephen Kaplan |
14.286 | John Frank |
14.286 | Bruce Karsh |
14.286 | David Kirchheimer |
14.286 | Howard Marks |
14.286 | Sheldon Stone |
100.000 | |
| |
| Crown CCR Group Investments One, LLC |
100.000 | Crown CCR Holdings, LLC |
| |
| Crown CCR Group Investments Two, LLC |
100.000 | Crown CCR Holdings, LLC |
| |
| Crown CCR Holdings, LLC |
100.000 | Crown CCR Holdings General Partnership |
| |
| Crown CCR Holdings General Partnership |
99.000 | Crown CCR Group Holdings One Pty., Ltd |
1.000 | Crown CCR Group Holdings Two Pty., Ltd |
100.000 | |
| |
| Crown CCR Group Holdings Two Pty, Ltd |
100.000 | Crown CCR Group Holdings One Pty, Ltd |
| |
| Crown CCR Group Holdings One Pty, Ltd |
100.000 | Crown Entertainment Group Holdings Pty, Ltd |
| |
| Crown Entertainment Group Holdings Pty, Ltd |
100.000 | Crown Limited |
| |
| Crown Limited |
62.080 | Publicly traded stock in Crown held by shareholders that each own less than 5% |
37.920 | Consolidated Press Holdings Limited |
100.000 | |
| |
| Consolidated Press Holdings Limited | |
100.000 | Cairnton Holdings Limited |
| |
| Cairnton Holdings Limited |
100.000 | Consolidated Press Holdings Limited |
| Consolidated Press Holdings Limited |
100.000 | Consolidated Custodians International Limited |
| |
| Consolidated Custodians International Limited |
83.530 | Custodians No. 8 Trust |
16.470 | Shareholders that each own less than 5% (see 58 Pa. Code § 433a.4(e)) |
100.000 | |
Net Ownership Interest in Washington Trotting Association, Inc. |
21.895 | William Paulos |
21.895 | William Wortman |
15.210 | Publicly traded stock in Crown held by shareholders that each own less than 5% |
7.760 | Custodians No. 8 Trust |
4.530 | Ronald Beck |
4.530 | Stephen Kaplan |
4.530 | John Frank |
4.530 | Bruce Karsh |
4.530 | David Kirchheimer |
4.530 | Howard Marks |
4.530 | Sheldon Stone |
1.530 | Shareholders in Consolidated Press Holdings Group that each own less than 5% |
100.000 |
The following listed Principals are required to be licensed by the PGCB because they are: 1) officers; 2) directors; 3) persons who directly hold a beneficial interest in or ownership of the securities of an applicant or licensee; 4) person who have a controlling interest (own or beneficially holds 5% or more of the the securities of a publicly traded company or 1% or more of the securities of a privately held company) in an applicant or licensee; 5) persons who have the ability to elect a majority of the board of directors of a licensee or to otherwise control a licensee; 6) lenders or other licensed financial institutions of an applicant or licensee, other than a bank or lending institution which makes a loan or holds a mortgage or lien acquired in the ordinary course of business; 7) underwriters of an applicant or licensee; 8) trustees, grantors or beneficiaries of a trust that is required to be an applicant or licensee; 8) trustees, grantors or beneficiaries of a trust that is required to be licensed; 9) persons who have the ability to control the management of investment funds; or 10) other persons or employees of an applicant or licensee deemed to be a principal by the PGCB.
Breakdown of Ownership in the Organizational Chain |
| Holdings Acquisition Co, L.P. |
99.500 | Holdings Gaming Borrower, L.P. |
0.500 | Holdings Acquisition Co. GP, L.L.C. |
100.000 | |
| |
| Holdings Acquisition Co GP, L.L.C. |
100.000 | Holdings Gaming Borrower, L.P. |
| |
| Holdings Gaming Borrower, L.P. |
99.500 | Pittsburgh Gaming Holdings, L.P. |
0.500 | Holdings Gaming Borrower GP, L.L.C. |
100.000 | |
| |
| Holdings Gaming Borrower GP, L.L.C. |
100.000 | Pittsburgh Gaming Holdings, L.P. |
| Pittsburgh Gaming Holdings, L.P. |
69.500 | Pittsburgh Gaming Investors, L.P. |
20.000 | PITG Entertainment, LLC |
5.000 | GRS PITG Holdings Corp |
5.000 | PFRS PITG Holdings Corp |
0.500 | Pittsburgh Gaming Holdings GP, L.L.C. |
100.000 | |
| |
| Pittsburgh Gaming Holdings GP, L.L.C. |
100.000 | Pittsburgh Gaming Investors Intermediate, L.L.C. |
| |
| Pittsburgh Gaming Investors Intermediate, L.L.C. |
100.000 | Pittsburgh Gaming Investors, L.P. |
| |
| PFRS PITG Holdings Corp |
100.000 | Police and Fire Retirement System of City of Detroit |
| |
| GRS PITG Holdings Corp |
100.000 | General Retirement System of City of Detroit |
| |
| PITG Entertainment, LLC |
81.000 | Jurat Holdings, LLC |
19.000 | PITG Gaming Investor Holdings, LLC |
100.000 | |
| |
| Jurat Holdings, LLC |
100.000 | Don H. Barden |
| |
| PITG Gaming Investor Holdings, LLC |
65.790 | Shareholders that each own less than 1% in Holdings (see 58 Pa. Code § 433a.3(d)) |
34.210 | Don H. Barden |
100.000 | |
| |
| Pittsburgh Gaming Investors, L.P. |
73.770 | Walton Majestic Star Holdings VI, LP |
18.730 | High Pitt Gaming, L.P. |
6.830 | Cira Pittsburgh Gaming Investor, L.P. |
0.500 | Pittsburgh Gaming Investors GP, LLC |
0.170 | HPP, LP |
100.000 | |
| |
| HPP, LP |
100.000 | Shareholders that each own less than 1% in Holdings (see 58 Pa. Code § 433a.3(d)) |
100.000 | |
| |
| Pittsburgh Gaming Investors GP, L.L.C. |
75.000 | Walton Majestic Star Holdings VI, LP |
25.000 | High Pitt Gaming, LP |
100.000 | |
| |
| Cira Pittsburgh Gaming Investor, L.P. |
46.130 | Ira Lubert |
30.000 | Athena Venture Partners, LP and G-3 GST LP (exempt institutional investors—see 58 Pa. Code § 433a.5) |
23.370 | Shareholders that each own less than 1% in Holdings (see 58 Pa. Code § 433a.3(d)) |
0.500 | Cira Pittsburgh Gaming Investor GP, LLC |
100.000 | |
| |
| Cira Pittsburgh Gaming Investor GP, LLC |
100.000 | Ira Lubert |
| |
| High Pitt Gaming, L.P. |
30.800 | AGB Trust |
30.800 | LNB Trust |
30.800 | MAB Trust |
7.100 | Shareholders that each own less than 1% (see 58 Pa. Code § 433a.3(d)) |
0.500 | High Pitt Gaming GP, L.L.C. |
100.00 | |
| High Pitt Gaming GP, L.L.C. |
30.955 | AGB Trust |
30.955 | LNB Trust |
30.955 | MAB Trust |
7.135 | Greg Carlin |
100.000 | |
| |
| Walton Majestic Star Holdings VI, LP |
99.500 | Walton Street Funds (Entity comprised of exempt investment fundss—see 58 Pa. Code § 433a.4(f)) |
0.500 | Walton Majestic Star Holdings VI GP, L.L.C. |
100.0000 | |
| |
| Walton Majestic Star Holdings VI GP, L.L.C. |
100.000 | Walton Street Funds (Entity comprised of exempt investment fundss—see 58 Pa. Code § 433a.4(f)) |
100.000 | |
| |
Net Ownership Interest in Holdings Acquisition Co., LP |
51.902 | Walton Street Funds (Entity comprised of exempt investment fundss—see 58 Pa. Code § 433a.4(f)) |
17.500 | Don Barden |
4.677 | Shareholders that each own less than 1% (see 58 Pa. Code § 433a.3(d)) |
5.000 | Police and Fire Retirement System of City of Detroit |
5.000 | General Retirement System of City of Detroit |
4.086 | AGB Trust |
4.086 | LNB Trust |
4.086 | MAB Trust |
2.229 | Ira Lubert |
1.434 | Athena Venture Partners, LP and G-3 GST LP (exempt institutional investors—see 58 Pa. Code § 433a.5) |
100.000 |
Breakdown of Ownership in the Organizational Chain |
70.000 | Washington Philadelphia Investors, LP |
29.990 | FDC Philadelphia, LP |
0.010 | FDC/PEDP GP, LLC |
100.000 | |
| Washington Philadelphia Investors, LP |
61.230 | Washington Partners Community Charities, LP |
9.140 | Peter DePaul |
6.070 | Frederick Teece |
5.680 | Quincy Jones, Jr. |
5.410 | Shareholders that each own less than 1% (see 58 Pa. Code § 433a.3(d)) |
4.850 | Anuj Agarwal |
4.490 | Manuel Stamatakis |
3.030 | Robert Levy |
0.100 | WPI GP, LLC |
100.000 | |
| Washington Partners Community Charities, LP |
42.980 | The Rubin Family Charitable Foundation |
38.350 | The Silver Family Charitable Foundation |
18.570 | Edward Snider |
0.100 | WPCC GP, LLC |
100.000 | |
| |
| WPCC GP, LLC |
50.000 | The Rubin Family Charitable Foundation |
50.000 | The Silver Family Charitable Foundation |
100.000 | |
| |
| WPI GP, LLC |
50.000 | George Rubin |
50.000 | Anuj Agarwal |
100.000 | |
| |
| FDC Philadelphia, LP |
99.900 | Foxwoods Development Company, LLC |
0.100 | Foxwoods GP Philadelphia, LLC |
100.000 | |
| |
| FDC/PEDP GP, LLC |
100.000 | Foxwoods GP Philadelphia, LLC |
| |
| Foxwoods GP Philadelphia, LLC |
100.000 | Foxwoods Development Company LLC |
| |
| Foxwoods Development Company, LLC |
100.000 | Mashantucket Pequot Tribal Nation |
| |
Net Ownership Interest in Philadelphia Entertainment and Development Partners, LP |
30.000 | Mashantucket Pequot Tribal Nation |
18.422 | The Rubin Family Charitable Foundation |
16.437 | The Silver Family Charitable Foundation |
7.959 | Edward Snider |
6.398 | Peter DePaul |
4.249 | Frederick Teece |
3.976 | Quincy Jones, Jr. |
3.865 | Shareholders that each own less than 1% (see 58 Pa. Code § 433a.3(d)) |
3.430 | Anuj Agarwal |
3.143 | Manuel Stamatakis |
2.121 | Robert Levy |
100.000 |
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