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10 N.J.A.R. 465

Playboy-Elsinore Associates, In the Matter of the Application for a Casino License
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Citation: 10 N.J.A.R. 465
Decision Date: 1982
Agency: CASINO CONTROL COMMISSION
Synopsis: Playboy-Elsinore Associates ('PEA') applied to the Casino Control Commission for at casino license. PEA consists of two general partners, Playboy of Atlantic City and Elsub Corporation (the Elsinore entities). The Commission considered the qualifications of the two corporate entities separately, as well as those of certain individuals required to be qualified. As a result of a hearing held by the Commission, all five Commissioners determined that the Elsinore entities and the Pritzker family had established their qualifications. Three Commissioners determined that Hugh Hefner and the Playboy entities qualified. One Commissioner found that both Hugh Hefner and the Playboy entities failed to establish their qualifications for licensure. One Commissioner determined Hugh Hefner did not qualify. N.J.S.A. 5:12-73(d) provides that no casino license may be issued without the approval of four members of the Casino Control Commission. Accordingly, a casino license was issued to the Elsinore entities.
Statute(s) Cited: 5:12-1b(7) 5:12-1b(15) 5:12-64 5:12-73d 5:12-86c 5:12-86c(4) 5:12-86g 5:12-129