The state Gaming Commission today released a redacted copy of the 558-page investigative report that led Suffolk Downs to drop Caesars Entertainment as manager of its proposed casino last week.
In addition to concerns about possible Russian-mob ties to an investor in a company with which Caesars was doing business on a Nevada project and one Caesars executives past in Internet gambling, gaming inspectors said they were concerned that Caesars was too heavily leveraged with debt to survive another economic downtown.
And then there was the Watanabe matter:
The third significant issue involves Caesars’ conduct with respect to Terrance Watanabe, a high roller patron at Caesars Las Vegas properties who accrued millions of dollars in unpaid markers in 2006-2007. Watanabe was charged criminally for the unpaid debt, and he sued Caesars civilly, claiming Caesars encouraged him to gamble while intoxicated. The civil suit ultimately settled, and the criminal case was dismissed. The episode touches on numerous concerns, including the lengths to which casino operators will go to cater to high rollers and problem gaming."
East Boston voters decide Nov. 5 whether to let Suffolk Downs proceed with its application to the gaming commission for the $1-billion project.