1              BEFORE THE MISSOURI GAMING COMMISSION

  2                        STATE OF MISSOURI

  3  

  4  

  5  

  6                             Meeting

  7                        February 21, 2007

  8                         3417 Knipp Drive

  9                     Jefferson City, Missouri

 10  

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 15  

 16   COMMISSIONERS PRESENT:

 17   Noel Shull, Chairman

      Samuel J. Hais, Commissioner

 18   Darryl Jones, Commissioner

      Larry W. Plunkett, Sr., Commissioner

 19  

 20  

 21  

 22                           REPORTED BY:

 23                       Tracy Patton-Shiver

                      Midwest Litigation Services

 24              3432 West Truman Boulevard, Suite 207

                     Jefferson City, Missouri 65109

 25                          (573)636-7551


  1                           A G E N D A

  2   I.      Call to Order

  3   II.     Minutes

              A.   November 29, 2006

  4           B.   January 17, 2007

  5   III.    Consideration of Relicensure of Class A Licensees

              C.   Harrah's-Maryland Heights, LLC

  6                Presentation by Applicant

                   Presentation by City of Maryland Heights

  7                Public Comment

                   Investigative Summary

  8                Staff Recommendation

                   Resolution No. 07-011

  9           D.   Ameristar Casino Kansas City, Inc.

                   Presentation by Applicant

 10                Presentation by City of Kansas City

                   Public Comment

 11                Investigative Summary

                   Staff Recommendation

 12                Resolution No. 07-012

              E.   Ameristar Casino St. Charles, Inc.

 13                Presentation by Applicant

                   Presentation by City of St. Charles

 14                Public Comment

                   Investigative Summary

 15                Staff Recommendation

                   Resolution No. 07-013

 16  

      IV.     Consideration of Level I/Key Applicants

 17           F.   Resolution No. 07-014

 18   V.      Consideration of Disciplinary Action

              G.   Harrah's North Kansas City, LLC

 19                1. DC-07-001

              G.   Harrah's Maryland Heights, LLC

 20                1. DC-07-002

 21   VI.     Consideration of Rules & Regulations

              I.   Final Orders of Rulemaking

 22                1. 11 CSR 45-13.055 - Emergency Order

                      Suspending License Privileges -

 23                   Expedited hearing

 24   VII.    Consideration of Settlement Agreement

              J.   The Missouri Gaming Company

 25                1.  Resolution No. 07-015


  1                       A G E N D A (con't)

  2   VIII.   Caruthersville Update

  3   IX.     Closed Session

  4   X.      Adjournment

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  1                      P R O C E E D I N G S

  2               CHAIRMAN SHULL:  Good morning.  If I could have

  3   your attention and everyone take a seat, we'll be able to

  4   start the meeting.

  5             The first issue today is, the Commissioners and I

  6   would like to pay tribute.  Mr. Robert Wolfson, Sr., passed

  7   away on February the 2nd.  Robert Wolfson was the first

  8   chairman of the Missouri Gaming Commission and was

  9   appointed in 1993 by Governor Mel Carnahan and served until

 10   December of 1998.  During his tenure, Mr. Wolfson approved

 11   the expansion and sale of several casinos in the St. Louis

 12   area and was instrumental in the development of the

 13   newly-formed Commission.

 14             In addition to his service to the state,

 15   Robert Wolfson was a World War II Veteran and a Board

 16   member of the St. Louis Jewish Federation and Barnes-Jewish

 17   Hospital Foundation.  We wish today to honor his memory

 18   with a moment of silence.

 19               (Moment of silence taken.)

 20               CHAIRMAN SHULL:  Thank you.

 21             The first issue will be a review of the minutes

 22   from November the 29th, 2006.

 23             There is one spelling error.  It's on Page 57, I

 24   believe, regarding Mr. Neilsen.  His name was spelled

 25   incorrectly.  And, also, Page 49 was blank in my packet. 

 

 

 


  1   Is that --

  2               MS. FRANKS:  Yeah.  I don't know why.

  3               CHAIRMAN SHULL:  Do we have Page 49?

  4               COMMISSIONER HAIS:  We can approve the minutes

  5   to the extent that we have them and reserve approval for

  6   the remainder.

  7               MS. FRANKS:  I think it's just a page break.

  8               CHAIRMAN SHULL:  Is there a motion to approve?

  9               COMMISSIONER HAIS:  I so move to -- motion to

 10   approve the minutes of the last meeting, dated

 11   November 29th.

 12               COMMISSIONER JONES:  I second.

 13               CHAIRMAN SHULL:  Is there any further

 14   discussions?

 15               COMMISSIONER HAIS:  With the spelling

 16   correction, of course, that you mentioned.

 17               COMMISSIONER JONES:  Right.

 18               CHAIRMAN SHULL:  Call the roll.

 19               MS. FRANKS:  Chairman Shull?

 20               CHAIRMAN SHULL:  Approved.

 21               MS. FRANKS:  Commissioner Jones?

 22               COMMISSIONER JONES:  Approved.

 23               MS. FRANKS:  Commissioner Hais?

 24               COMMISSIONER HAIS:  Approved.

 25               MS. FRANKS:  Commissioner Plunkett?

 

 

 


  1               COMMISSIONER PLUNKETT:  Approved.

  2               MS. FRANKS:  By your vote, you've adopted the

  3   minutes of the November 29th, 2006, meeting as amended.

  4               CHAIRMAN SHULL:  The next issue is the

  5   January 17th, 2007, minutes.

  6               COMMISSIONER HAIS:  Very well.  Chairman, I

  7   would move to approve the January 17th, 2007, minutes.

  8               COMMISSIONER PLUNKETT:  I'll second that.

  9               CHAIRMAN SHULL:  Is there any further

 10   discussion?

 11               (No response.)

 12               CHAIRMAN SHULL:  Call the roll.

 13               MS. FRANKS:  Chairman Shull?

 14               CHAIRMAN SHULL:  Approved.

 15               MS. FRANKS:  Commissioner Jones?

 16               COMMISSIONER JONES:  Approved.

 17               MS. FRANKS:  Commissioner Hais?

 18               COMMISSIONER HAIS:  Approved.

 19               MS. FRANKS:  Commissioner Plunkett?

 20               COMMISSIONER PLUNKETT:  Approved.

 21               MS. FRANKS:  By your vote, you've adopted the

 22   minutes of the January 17th, 2007, meeting.

 23               CHAIRMAN SHULL:  The next issue is

 24   consideration of relicensure.

 25             Mr. McNary, do you want to proceed?

 

 

 


  1               DIRECTOR McNARY:  Mr. Chairman, first, let me

  2   congratulate Commissioner Hais and Commissioner Plunkett on

  3   being reappointed by the Governor.  Glad to have you on

  4   board -- continuing on board.

  5             Item III, consideration of relicensure of the

  6   Class A licensees at Harrah's Maryland Heights.  There will

  7   be a presentation by the Applicant, Arnold Block, who's the

  8   General Manager.

  9               MR. BLOCK:  Good morning, Mr. Chairman,

 10   Commission Board, Mr. McNary, Mr. Stottlemyre,

 11   Commission staff.

 12             We're here to present our performance and

 13   accomplishments over the last two years since our last

 14   relicensing and to talk a little bit about our capital

 15   plans for 2007 and beyond.

 16             What you have in front of you is a hard copy of a

 17   PowerPoint presentation for our oral presentation and then

 18   some information in the back. 

 19             I want to start off by talking about our combined

 20   2005/2006 casino revenue and admissions.

 21             For the last two years, we have shown total

 22   gaming revenue of 623 million, 302 million in 2005 and

 23   321 million in 2006, against our planned revenue of

 24   293 million and 318 million in 2005 and 2006.

 25             Our total patron admissions were 19 million 300 

 

 

 


  1   in both years, both -- for the two years, both planned and

  2   what we accomplished.

  3             The next page, we list our capital investment. 

  4   Our total prior year investment was 469 million dollars. 

  5   Since January of 2005, we have a list of our total capital

  6   investment broken down by project, and then behind this

  7   page, we have color copies of what those represent.

  8             The first item is a land acquisition of

  9   5.4 million.  This was needed to accomplish our retail

 10   development, which is the first page behind the summary,

 11   showing a 309,000 square foot retail space that we are

 12   going to break ground on starting May 1st.

 13             We have slot machine upgrades of 2.9 million over

 14   the last two years, a Mardi Gras casino master plan that we

 15   have spent 2 -- 2.7 million to date, a new poker room,

 16   1.3 million.  We have buffet enhancements of 700,000.  We

 17   have worked on our back of the house for our employees, as

 18   well.  We show here an employee dining room remodeled for

 19   400,000, a rotunda remodeled for 600,000, and other various

 20   capital for 3 million.

 21             In addition to that, in 2007, we have a planned

 22   buffet enhancement of 17 million, which we'll be starting

 23   in April, and then the retail development that I mentioned,

 24   25 million invested by Harrah's, along with our land and

 25   partner contribution of 100 million.  This is a project

 

 

 


  1   that will start May 1st and will take about 18 months to

  2   complete.

  3             In addition to that, in the Mardi Gras casino, we

  4   have 11 million invested in 2007 for a high limit area. 

  5   The first phase of that opened this past Friday.  We have a

  6   rapid roulette and a casino bar reconfiguration, and we

  7   have a new on-casino floor deli -- a sit-down deli,

  8   made-fresh-to-order food, and a seating area for about

  9   25 to 30 people, which will be opening later this year, as

 10   well.

 11             In terms of our 2006 employee demographics, we

 12   have a slide that shows state of residence.  89 percent of

 13   our employees live in the state of Missouri, 11 percent in

 14   Illinois.  51 percent of our population are female,

 15   49 percent male.  We have 250 employees and a supervisor

 16   above position.  21 percent of those are minority.  The

 17   51 percent female represent 1,013 and 991 males.  Our

 18   executive staff is broken down into eight male, four

 19   female, and one minority.

 20             Our employment as of December 31st, 2006, we had

 21   2,004 employees; 1,584 full time, 180 part time, 209 on

 22   call, and 31 leave of absence.  In 2005, our payroll

 23   expense was over 60 million; 2006, a little over

 24   61 million.

 25             In terms of our Equal Opportunity Employment,

 

 

 


  1   St. Louis City demographics show 44 percent Caucasian,

  2   51 percent African-American; St. Louis County, 73 percent

  3   Caucasian, 21 percent African-American.  Harrah's staffing

  4   mix as of December 31st was 60 percent Caucasian,

  5   33 percent African-American, clearly in the middle of the

  6   demographics of both city and the county.  Harrah's has

  7   1,194 white, 670 black, 104 Asian, 25 Hispanic, and

  8   11 American-Indian.

  9             Our positions are broken down by casino floor,

 10   926; food and beverage, 496; hotel, 152; administrative, 

 11   158; and 272, other.

 12             In terms of our minority contractors, for regular

 13   non-gaming purchases, we utilize a competitive bidding

 14   process to ensure that we obtain the best services and

 15   products with the best possible price.  The vendors that

 16   participate in this process are selected based on a

 17   St. Louis Minority Business Council, end users knowledge,

 18   past history, business card file, and reputation from other

 19   Harrah's properties.  We make every effort to include

 20   minority vendors in the bidding process.  Their bids, like

 21   all other companies, are attached to the back of the

 22   requisition as documentation and may not contain

 23   discriminating information to indicate that they are the

 24   minority.

 25             In 2006, of the funds with discretionary

 

 

 


  1   spending, 7 percent of our spend was with minority vendors,

  2   and we wanted to note in 2004, diversity spending was only

  3   2 percent.

  4             We're continually working to raise our minority

  5   spending within the community.  In December of 2005, Harrah's

  6   St. Louis teamed with St. Louis Minority Business Council

  7   to host a Casino Buyer/Supplier Forum.  The purpose of this

  8   forum was to bring the casino industry and minority

  9   suppliers together to establish a business relationship.

 10             On a monthly basis, we attend the

 11   Minority Business Council meetings to build relations and

 12   to identify new perspective minority vendors.  This purpose

 13   is being shepparded in part by Fred Keeton, our corporate

 14   vice president of external affairs.  One of his many

 15   responsibilities is to serve as the chairman of the

 16   American Gaming Association's National Diversity Task

 17   Force.  Through his dedication and leadership, he has

 18   helped our casino continually grow our diversity spend.

 19             In terms of responsible gaming, our code of

 20   commitment is clear.  We want everyone who gambles at our

 21   casinos to be there for the right reasons, simply to have

 22   fun.  We carry out our code of commitment and to respond to

 23   the Commission's Disassociated Persons Program, we have

 24   instituted a corporate-wide Responsible Gaming Program.

 25             All new employees receive two hours of training. 

 

 

 


  1   We utilize 22 Responsible Gaming Ambassadors, who are

  2   specially-trained supervisors, and they offer assistance to

  3   customers with whom we may be concerned.  Their mission is

  4   to address the concerns of our employees regarding guests

  5   who may not be gambling responsibility and to offer those

  6   guests alternatives for assistance.

  7             I should note, in 2006, there were over 50 guest

  8   interventions conducted by the Responsible Gaming

  9   Ambassadors.

 10             We also display 1-888-BETS-OFF and Guides to

 11   Responsible Gaming brochures in several locations

 12   throughout the casino to help our patrons identify

 13   potential gaming issues and promote responsible gaming by

 14   helping patrons establish personal guidelines for gambling.

 15             Throughout 2006, Gary Loveman, our CEO, aired a

 16   Responsible Gaming message across the country in all forms

 17   of media, as well as being prominently aired nationally on

 18   ESPN during the World Series of Poker broadcasts.  The

 19   following pages are collateral material regarding that

 20   initiative.

 21             As far as underage gaming, we have trained all of

 22   our employees to identify false IDs.  We strengthened that

 23   training utilizing MGC agents this past year.  Utilizing

 24   the MGC agents training, we have created our own training

 25   class and certification.  Employees are recertified on a

 

 

 


  1   quarterly basis.  We have that on Page 30 and 31.  We have

  2   signage with strong messages advising underaged patrons of

  3   the repercussions of illegal entry.  We note that on

  4   Page 32.

  5             Black lights, flashlights, and magnifying glasses

  6   have been issued to security and Total Rewards employees to

  7   better see and evaluate potentially altered IDs.

  8             We have implemented an $100 bounty on all

  9   underaged patrons that attempt to enter in the casino or

 10   the VooDoo Lounge.  Since implementing, we have paid out

 11   more than 10,000 in bounty money to employees.

 12             Total Rewards has implemented a checklist when

 13   reviewing a potentially underage patron.  This checklist is

 14   utilized when a patron appears to be under 30 or their

 15   presented ID indicates that they are under 30.  When

 16   completed, this checklist must be reviewed by a supervisor,

 17   guest safety officer, or MGC trooper prior to issuing a new

 18   Total Rewards card and/or a reprint.  This is noted on

 19   Page 33.

 20             In terms of our control of intoxicated patrons,

 21   it was a big issue for us this past year.  All employees

 22   who are responsible for serving alcohol are required to

 23   take a test, a CARE, an industry-wide standardized training

 24   course.  We have contracted with Maryland Heights Police

 25   Department to provide two off-duty officers on Friday and

 

 

 


  1   Saturday nights, as well as busy holidays, to provide a

  2   visible deterrent to inappropriate guest behavior and

  3   assist with guest evictions.

  4             By 8 p.m., Total Rewards representatives set up a

  5   gauntlet in front of the Island Casino.  This gauntlet

  6   serves as a mechanism to force patrons to walk

  7   approximately 10 yards to enter the casino.  During this

  8   walk, all patrons are assessed by Total Rewards

  9   representatives and security to evaluate if they are

 10   intoxicated.  All guests are required to exit out of the

 11   Island side of VooDoo so they must walk through this

 12   gauntlet to enter the casino.

 13             In an effort to deter entry into the

 14   Island Casino for the sole purpose of drinking, at

 15   midnight, all drinks purchased at the I-BAR increase at

 16   least $1.

 17             All employees are vigilantly watched -- watching

 18   guests to identify intoxicated patrons for the purpose of

 19   either discontinuing alcohol service and/or eviction.

 20             Going on to Community Partnership.  We've

 21   provided over 1.3 million in donations and sponsorship to

 22   almost over 100 local organizations or businesses in the

 23   years 2005 and 2006.

 24             In the calendar years 2005 and 2006,

 25   approximately 7,200 hours were donated to various

 

 

 


  1   organizations, a few of which are listed below:  Leukemia

  2   and Lymphoma, St. Vincent's Home, Food Outreach, Habitat

  3   for Humanity, International Institute, National Kidney

  4   Foundation.

  5             The next page shows as at a Thanksgiving dinner

  6   at the International Institute, donating the food and

  7   volunteers to serve the residents in that area Thanksgiving

  8   dinner.

  9             Next is a National Kidney Foundation Chili

 10   Cook-Off, where we raised money.  Then on Page 38, we show

 11   an outdoor that was erected on Highway 40/64 and

 12   Kingshighway by our volunteers of the year.  The Leukemia

 13   and Lymphoma Society saluted our Man and Woman of the Year

 14   with an outdoor board, which prominently displayed the St.

 15   Louis market.

 16             Page 39 shows that we were the recipient of the

 17   St. Louis Region Business Award.  It was presented to me at

 18   a ERGC meeting about two months ago.  Last year, the

 19   Maryland Heights Chamber of Commerce presented Bill Keene,

 20   the regional president, the Business Leader of the Year

 21   award.

 22             That completes our oral part of the presentation.

 23             Do you want me to answer questions?

 24               CHAIRMAN SHULL:  Are there any questions at the

 25   present time?

 

 

 


  1               COMMISSIONER JONES:  As I read the report, you

  2   know, I'm kind of bewildered at the number of vendors that

  3   you have, and you probably knew that I may ask about the

  4   minority and women contractors that you have.

  5             I'm looking at the reading material that you

  6   have.  You have 308 vendors, 85 Missouri-based vendors, but

  7   only six minority and women vendors out of the 308, and

  8   you're located inside -- or, you know, within the St. Louis

  9   metropolitan area.  I think the last time we were meeting,

 10   we had the St. Jo group here, and it seems like they had

 11   more vendors than Harrah's.  Now, I can understand that

 12   they're in an area where you don't have the access to

 13   St. Louis Minority Business Council and Urban Leagues and

 14   those types of organizations to assist.

 15             But to have six vendors?  Now, the Minority

 16   Business Council, if I'm not mistaken, they've been in

 17   existence for at least ten years, and you've had property

 18   there for at least ten years, and you've only been able to

 19   spend like 7 percent.  I just have an issue with those

 20   numbers, a big issue.

 21               MR. BLOCK:  Understood.

 22             We've increased from 2 to 7 in the last two

 23   years.  The number of vendors can be increased.  We have

 24   initiatives in place to try to improve that this year.  Our

 25   spend has increased substantially from 2 to 7.  It is a

 

 

 


  1   priority for us that we plan to emphasize this coming year.

  2               COMMISSIONER JONES:  You have a plan?

  3               MR. BLOCK:  We do.  We have -- we review this

  4   with purchasing.  We have -- our executive committee now

  5   reviews this plan more diligently on a monthly basis than

  6   we have in the past, to make sure that the spend is

  7   appropriate and that we're making every effort to introduce

  8   new minority vendors into our purchases.

  9               COMMISSIONER JONES:  You know, forgive me. 

 10   That just sounds like a lot of talk.  I mean, a plan is,

 11   hey, we're going to meet with the Urban League president

 12   and, hopefully, they'll get on board.  The plan is, we will

 13   meet with MOCAN (ph.) and, hopefully, get them on board. 

 14   The plan is, we've already set up meetings with minority or

 15   women on advertising and PR firms, to get them in place so

 16   we can advertise these contracts that are being lit.  That

 17   sounds like a plan.

 18             But what you're saying right now, it sounds, you

 19   know, like a lot of talk.  Everybody's always saying, Well,

 20   hey, we're going to do this, but I need to see something in

 21   writing or see something where I can just hold your feet to

 22   the fire.

 23               MR. BLOCK:  Sure.  And we can provide that to

 24   you.  We -- we put a lot of confidence in the

 25   Minority Business Council this past year.  And, quite

 

 

 


  1   frankly, we just didn't get the numbers out of that Council

  2   that we expected that we would, so we have to implement

  3   something new, and that's the reason for taking a different

  4   approach.

  5               COMMISSIONER HAIS:  Mr. Chairman, just one

  6   housekeeping matter.  And, Mr. McNary, you, I'm sure, will

  7   recall, as will the Commissioners, that I mentioned at a 

  8   previous meeting in respect to some other matter relating

  9   to Harrah's, that Mr. Block and I were high school

 10   classmates.  And I mention that, as obscure as it may

 11   sound, I haven't been personally acquainted with anyone,

 12   heretofore, any rendition of these matters.

 13             So I just wanted to -- Mr. Block, if, at your

 14   option -- how long has it been since we've seen each other? 

 15   40 years, 40-plus years?

 16               MR. BLOCK:  Probably.  We're showing our age.

 17               COMMISSIONER HAIS:  I'm sorry.

 18               MR. BLOCK:  We're showing our age.

 19               COMMISSIONER HAIS:  Well, I am, anyway.

 20             But at your option, if Harrah's wishes me to

 21   refuse myself from voting on this relicensure, I will

 22   consider doing so.

 23               MR. BLOCK:  We don't have any desire to do

 24   that.

 25               COMMISSIONER HAIS:  All right.  That's all,

 

 

 


  1   Mr. Chairman.

  2               CHAIRMAN SHULL:  Thank you.

  3             There are no other questions at this time, but we

  4   would like to call the City of Maryland Heights in.

  5               MR. MOELLER:  Good morning, Mr. Chairman,

  6   Members of the Gaming Commission.

  7               COMMISSIONERS:  Good morning.

  8               MR. MOELLER:  My name is Mike Moeller, and I'm

  9   the mayor of the City of Maryland Heights.  I appreciate

 10   the opportunity to address you and to communicate the

 11   city's support for relicensing of Harrah's Casino.

 12             For the record, I would like to state the

 13   following:  The city established minimum development

 14   standards as part of our approval of the original zoning

 15   for Riverport Casino Center.  Harrah's has complied with

 16   all requirements established by that ordinance and the

 17   Developer's Agreement entered into at that time.

 18             Harrah's Casino is an outstanding corporate

 19   citizen.  The corporation continues to be an active

 20   community leader in collaborating with a very successful

 21   Convention and Visitor's Bureau and in supporting numerous

 22   other community activities.

 23             While the city has done no independent analysis

 24   regarding the economic impact of gaming on our community,

 25   we do feel that local vendors have benefited from their

 

 

 


  1   business with the casino.  We have no evidence that local

  2   businesses were harmed in any way by the casino operation. 

  3   The number of businesses licensed in the city has steadily

  4   increased over the last five years.

  5             Police Chief Tom O'Connor, addressing the

  6   possible impact the gaming operation has had on crime in

  7   our community, states that there has been no significant

  8   increase in crime because of gaming in Maryland Heights. 

  9   And to quote, the police department, on average, is called

 10   about twice a day to handle incidents that are considered

 11   beyond the scope of the uniformed security staff and the

 12   agents assigned to the Missouri Gaming Commission. 

 13   Overall, the number of calls for service is well within the

 14   range we would anticipate from this many people, and the

 15   number of crimes reported compared to the number of

 16   visitors makes this one of the safest locations in the

 17   state, end of quote.

 18             Additionally, the Maryland Heights Police

 19   Department maintains a substation within the casino

 20   development, from which a sector car serves this complex,

 21   as well as the adjacent Riverport Business Park and

 22   surrounding non-urban area.  It is the policy of the

 23   City Council to allocate the gambling taxes in accordance

 24   with a formula that requires these funds to be allocated as

 25   follows:  25 percent toward the construction of regional

 

 

 


  1   infrastructure; 50 percent to other capital improvement

  2   projects, which have primarily been improvements to the

  3   existing road and bridge system, as well as the

  4   construction of the new government center to replace the

  5   warehouse we converted into city hall 21 years ago --

  6               COMMISSIONER HAIS:  Is that different from

  7   regional infrastructure?

  8               MR. MOELLER:  Yes.

  9               COMMISSIONER HAIS:  How is that different?

 10               MR. MOELLER:  This is more roads and

 11   improvements with the city.  The regional stuff, as I'll

 12   explain later, is like the Earth City and Maryland Heights

 13   Expressway extension and Dorsett, 270.  But in all, about

 14   70 percent of that money is spent for infrastructure

 15   improvements.

 16             -- 20 percent to general operations, which

 17   includes expanded police services, residential trash

 18   service, and general management services required to

 19   administer these additional funds and capital projects; and

 20   5 percent to a reserve fund.  A more detailed report on the

 21   use of these funds was presented to the Gaming Commission

 22   and was published in your most recent annual report.

 23             We continue to work with Harrah's to finalize a

 24   plan for additional significant development adjacent to the

 25   casino.  We anticipate that this area will be a focus of

 

 

 


  1   announcement in the next few months.  The city is also

  2   working with Harrah's and the land owners of land south of

  3   the casino to finalize an amendment to the city's

  4   comprehensive plan and zoning regulation that will result

  5   in the development of up to 2,000 acres over the next

  6   20 years.  In fact, we anticipate the construction of

  7   2 million square feet of commercial development in the next

  8   two years.

  9             While the city has not entered into any revenue

 10   sharing agreements, we have designated a significant

 11   portion of our gaming revenue to extend the construction of

 12   Maryland Heights Expressway, a major highway project that

 13   has regional significance.  We spent 38 million dollars on

 14   the first phase that opened in 2003.

 15             The counsel has budgeted 6.5 million dollars in

 16   the 2007 budget for the construction of one-mile extension

 17   of the Maryland Heights Expressway south of

 18   Missouri Route 364.  We are working closely with

 19   neighboring communities, St. Louis County, and our state

 20   legislators to urge MoDOT to complete the final phase of

 21   Missouri Route 141 that would eventually link to the

 22   Maryland Heights Expressway.

 23             When completed, this new highway will be the last

 24   piece of an outer belt that would link Interstate 370 on

 25   the north to Interstate 55 on the south.  We are also using

 

 

 


  1   these funds to provide 6.1 million in local match for the

  2   reconstruction of Dorsett and I-270 interchange, which

  3   supported Edward Jones' decision in December of 2006 to

  4   announce their plans to build 600,000 square feet of new

  5   office space in Maryland Heights campus and to add over

  6   1,000 jobs in the next five years.

  7             The City of Maryland Heights strongly and

  8   unambiguously supports the relicensing of Harrah's.

  9             Thank you.

 10             And I have copies of this, if you would like.

 11               CHAIRMAN SHULL:  Are there any questions?

 12               (No response.)

 13               DIRECTOR McNARY:  I can tell you, that's

 14   significant road improvements, having dealt with that.

 15               CHAIRMAN SHULL:  Is there anyone here from the

 16   public that would like to comment?

 17               (No response.)

 18               CHAIRMAN SHULL:  Mr. McNary, do you want to

 19   introduce the investigative summary presented?

 20               DIRECTOR McNARY:  Mr. Chairman, Sergeant

 21   Dave Leitman will make a presentation.

 22               SERGEANT LEITMAN:  Mr. Chairman, Commissioners,

 23   good morning.

 24               COMMISSIONERS:  Good morning.

 25               SERGEANT LEITMAN:  On December 29th, 2006,

 

 

 


  1   Harrah's Entertainment, Incorporated, submitted a

  2   relicensing application to the Missouri Gaming Commission

  3   for their property in Maryland Heights.  An investigation

  4   into that property has been conducted by the Missouri State

  5   Highway Patrol's Gaming Division, with the assistance of

  6   several Missouri Gaming Commission staff members.

  7             The Maryland Heights facility is actually

  8   licensed as Harrah's Maryland Heights, LLC, doing business

  9   as Harrah's St. Louis Casino.  The Missouri Gaming

 10   Commission has previously licensed or granted renewals of

 11   their Class A License on several occasions, the most

 12   current renewal expires March the 11th, 2007.

 13             Credit and criminal background checks were

 14   conducted on all of the company's Key and Level I

 15   personnel.  No discrepancies were discovered.  A financial

 16   analysis of the company was conducted by the MGC staff.  No

 17   discrepancies or concerns were discovered.  The city of

 18   Maryland Heights and St. Louis County officials were also

 19   contacted regarding the casino.  And, again, no

 20   discrepancies or concerns were discovered.

 21             However, the investigation did discover two

 22   concerns.  The first of which is the volume of intoxicated

 23   patrons as identified by the Missouri State Highway Patrol

 24   assigned to the detachment there on the facility.  That

 25   problem is being worked on by the troopers assigned to that

 

 

 


  1   facility, the Maryland Heights Police Department, and

  2   management of Maryland Heights Casino, as you previously

  3   heard.

  4             Secondly, there's a concern from the

  5   American Bureau of Shipping Consultants.  They do the

  6   inspections of the hull and the life-safety issues with the

  7   casino.  They had some code violations reported in their

  8   2006 ABS report -- or their report, and some of the fire

  9   suppression issues are still present, according to them and

 10   the fire department.  However, a 2007 report has not yet

 11   been issued.

 12             There were no other discrepancies or concerns

 13   found during the investigation.  The report provided to you

 14   was prepared for the purpose of assisting you in

 15   determining the suitability of Harrah's Maryland Heights,

 16   LLC, for relicensure.  Thank you.

 17               COMMISSIONER HAIS:  Mr. Chairman, just a real

 18   quick question.  I'm a little confused.

 19             I thought you said that the city of

 20   Maryland Heights had no concerns about the last matter that

 21   you covered, about --

 22               SERGEANT LEITMAN:  The intoxicated patrons?

 23               COMMISSIONER HAIS:  Intoxicated --

 24               SERGEANT LEITMAN:  That's correct. 

 25               COMMISSIONER HAIS:  Was it the highway

 

 

 


  1   patrol's -- the investigator's concern?

  2               SERGEANT LEITMAN:  No.  It's a concern that has

  3   been put forth through all of the venues.  In interviewing

  4   all of the appropriate parties, there's a plan in place to

  5   correct the problem, but they're ejecting several hundred

  6   intoxicated pedestrians on a monthly basis, which has been

  7   brought to the attention as an issue to be resolved.  It is

  8   being worked on, but there's a solution -- or an exact

  9   solution to cut that number down, that's not -- I mean,

 10   it's still out there.

 11               COMMISSIONER HAIS:  I'm not clear on why it's

 12   not a concern for the city of Maryland Heights.

 13               SERGEANT LEITMAN:  I interviewed the chief of

 14   police.  He said, that problem is there.  It's not a

 15   concern.  We're working on it.

 16             I interviewed the mayor.  The problem is there. 

 17   It's being worked on.  It's not a concern of ours.  We

 18   think we've got it under control.

 19               COMMISSIONER HAIS:  I understand.  Let me

 20   just -- one last question.

 21               SERGEANT LEITMAN:  Anything, sir.

 22               COMMISSIONER HAIS:  But under the categories of

 23   offenses that you have listed here, there are family

 24   offenses.

 25             Are you familiar with those?

 

 

 


  1               SERGEANT LEITMAN:  What page are you on?

  2               COMMISSIONER HAIS:  I think it's 32 -- 32 and

  3   33.  They're listed alphabetically.  Do you see family

  4   offenses?

  5               SERGEANT LEITMAN:  Yes, sir, and there are none

  6   listed.

  7               COMMISSIONER HAIS:  Yeah.  I'm just wondering,

  8   are those disturbances of the peace in addition to other

  9   matters?

 10               SERGEANT LEITMAN:  Domestic issues are

 11   primarily in there, and --

 12               COMMISSIONER HAIS:  You're -- we're supposed to

 13   ban child support obligors, right, or obligees?

 14               SERGEANT LEITMAN:  No, sir.  This is a database

 15   that the Commission here keeps.  In those categories, there

 16   were no crimes, if you will, committed in the previous two

 17   years that fit those categories.  I guess I should have

 18   went through and deleted them from Excel, but I just

 19   printed them as they came to me.

 20               CAPTAIN LESTER ELDER:  Mr. Commissioner, these

 21   are standards set by the FBI on the Uniform Crime Reporting

 22   in America, and those categories are defined by the FBI.

 23               COMMISSIONER HAIS:  Okay.  Thanks.

 24               SERGEANT LEITMAN:  Anything else, sir -- or

 25   gentlemen?

 

 

 


  1               CHAIRMAN SHULL:  I think we'd like for

  2   Mr. Block to return.

  3             I do have some questions about the alcohol

  4   ejections.

  5             According to the figures that were presented, in

  6   '05, we had 1,690 ejections, both from the casino and the

  7   other banned category, and then '06, we had 2,416

  8   ejections.

  9             I'm wondering why it took so long to discover

 10   that there was a problem and how can we be certain it's

 11   going to be corrected.

 12               MR. BLOCK:  I think the number increased

 13   because we've been more rigorous and more diligent in

 14   trying to identify these -- these people.  We do market to

 15   a younger audience in some of those venues, VooDoo Lounge. 

 16   We have a lot of assets on the property, and we program

 17   them differently day-to-day, week-to-week.

 18             We realize that when we do that, we invite

 19   sometimes younger folks, but I will tell you that we have

 20   had situations, as recently as two weeks ago, where a

 21   St. Charles County Sheriff was intoxicated in our men's

 22   room of the VooDoo Lounge and became sick and had a firearm

 23   exposed in his waistband.

 24             So it's not just younger folks that present that

 25   kind of problem.  Sometimes it's even law enforcement folks

 

 

 


  1   that have been on property.  That's not the only one that's

  2   occurred, but just an example.  We have a wide spectrum of

  3   audience based on day parts, based on day of the week.  And

  4   in the evenings -- particularly on Friday and Saturday

  5   night, we've elevated our awareness of this, not only with

  6   our security officers, with the state police.  And then

  7   mid-year, we decided to try to improve that even further by

  8   having uniform present with Maryland Heights there.

  9             So I think part of the reason our numbers have

 10   increased dramatically is just that we have been more aware

 11   and more diligent in identifying these people that maybe in

 12   the past we missed.

 13               COMMISSIONER HAIS:  Let me just follow up.  You

 14   were present, Mr. Block, and you heard the question I asked

 15   the officer about family offenses, family matters.

 16               MR. BLOCK:  Sure.

 17               COMMISSIONER HAIS:  One of those matters is

 18   child support enforcement.  You're not supposed to permit

 19   people coming in who owe -- who are deadbeat parents, for

 20   lack of a better term.

 21             You're familiar with that, aren't you?

 22               MR. BLOCK:  Somewhat.

 23               COMMISSIONER HAIS:  Well, are you familiar with

 24   what steps you take to do that, to accomplish that result?

 25               MR. BLOCK:  I'm not.

 

 

 


  1             Fred, do you know?

  2               COMMISSIONER HAIS:  Is there a database that

  3   you have in your possession?

  4               MR. STUCKEL:  Commissioner, could you expand on

  5   that, please?  Obviously, I'm a little bit lost right now,

  6   in terms of a database that we're supposed to be getting

  7   from the state of deadbeat parents.  I was just kind of

  8   presuming you're aware of that notice.

  9               COMMISSIONER HAIS:  Correct me, if I'm wrong,

 10   Commissioner -- Mr. McNary, the status of child support

 11   obligees is supposed to ban them from casinos; is that

 12   correct, or not, if you know?

 13               MR. STOTTLEMYRE:  If I -- if I could, I believe

 14   there's proposed legislation --

 15               COMMISSIONER HAIS:  Okay.

 16               MR. STOTTLEMYRE:  -- of that type out there;

 17   however, there's nothing in place at this time.

 18               COMMISSIONER HAIS:  Well, that's fine.  Either

 19   way.  If that's something that the legislature intends to

 20   provide -- a bill that they intend to pass, would you have

 21   any objection, offhand, to -- instead of doing that, to use

 22   that same database that you would have to make reference to

 23   anyway, to confiscate winnings of deadbeat parents who won

 24   over a certain amount of money, as they do in some other

 25   states?

 

 

 


  1               MR. STUCKEL:  I think if the Missouri Gaming

  2   Commission passed such a regulation, I think we would be

  3   compelled to comply with it, sir.  I mean, at this time,

  4   it's just a process that we haven't implemented yet.  But

  5   it could be implemented, yes.  It could be implemented

  6   where we could be checking, similar to the manner in which

  7   we handle disassociated persons.  When there's a jackpot

  8   won, we go ahead and reverify through the Gold Card,

  9   through our boarding card, you know, the status of that

 10   particular patron.  If we have a database, it could be

 11   implemented, yes.

 12               COMMISSIONER HAIS:  Yeah.  My point is, if

 13   you're probably going to have to check the database anyway,

 14   you wouldn't have any particular objection offhand to

 15   holding that money and paying it over to the state --

 16               MR. STUCKEL:  No, no.

 17               COMMISSIONER HAIS:  -- in payment of child

 18   support obligations that already exist?

 19               MR. STUCKEL:  Obviously, there will be

 20   regulations that would guide us through the process of how

 21   we could do that clearly, but if it's implemented, there's

 22   not a problem.

 23               COMMISSIONER HAIS:  Thank you.  That's all I

 24   have, Mr. Chairman.

 25               CHAIRMAN SHULL:  Mr. McNary?

 

 

 


  1               DIRECTOR McNARY:  Mr. Chairman and Members of

  2   the Commission, staff has problems in two areas.  One --

  3   and it's acknowledged by Harrah's St. Louis -- or

  4   Maryland Heights that they have a problem with intoxicated

  5   persons.  It's gone on for some time.  It's eluded to in

  6   their presentation -- or their written materials.  All

  7   employees are vigilantly watching guests to identify

  8   intoxicated patrons for purposes of either discontinuing

  9   alcohol service and/or eviction.

 10             We believe that a plan needs to be in place to

 11   deal with this problem.  This is the only boat of 11 where

 12   we have this amount of intoxication and the problem that it

 13   brings with it.  We'd like to see a more detailed plan as

 14   to how they intend to cope with this problem.

 15             Secondly, on February 13th -- and it may be there

 16   just hasn't been enough time -- but our compliance auditor,

 17   John Nathan, wrote to Harrah's, asking for documentation to

 18   confirm their numbers, so far as they relate to minority

 19   hiring and women hiring.  We have not received those -- an

 20   answer back from Harrah's.

 21             And so those two matters, staff believes, require

 22   a follow-up, and the recommendation, therefore, is that

 23   their license be extended for 30 days and that renewal be

 24   considered at the next commission meeting.

 25               CHAIRMAN SHULL:  What was the date of the

 

 

 


  1   request for the information?

  2               DIRECTOR McNARY:  April 13th, so that would

  3   have been -- or February 13th.  That would have been a week

  4   ago.

  5               CHAIRMAN SHULL:  Any comments, Mr. Block?

  6               MR. BLOCK:  Yeah.  We received that on the

  7   13th, and it was requested back on the 16th.  It was

  8   overnighted on the 15th.

  9               DIRECTOR McNARY:  You have submitted it?

 10               MR. BLOCK:  Yes.

 11               DIRECTOR McNARY:  Well, then, you know, we

 12   probably have it, have not reviewed it, and same

 13   recommendation.

 14               COMMISSIONER HAIS:  When is the next meeting?

 15               CHAIRMAN SHULL:  28th of March.

 16             Is there a motion to that?

 17               COMMISSIONER PLUNKETT:  I'll make a motion to

 18   that.

 19               COMMISSIONER JONES:  And I'll second it.

 20               CHAIRMAN SHULL:  Is there further discussion

 21   regarding a 30-day extension to obtain this information and

 22   to review it?

 23               COMMISSIONER HAIS:  I just think, in view of

 24   Mr. Block's response, it should be noted for the record,

 25   although, it's obvious that it's just a circumstance, it's

 

 

 


  1   no fault of Harrah's and certainly no fault of the staff,

  2   because they haven't had time to review it.  It's just one

  3   of those circumstances that requires a little patience on

  4   everybody's part.

  5             But subject to that, yeah.

  6               CHAIRMAN SHULL:  Is there further discussion?

  7               (No response.)

  8               CHAIRMAN SHULL:  Call the roll, please.

  9               MS. FRANKS:  Chairman Shull?

 10               CHAIRMAN SHULL:  Approved.

 11               MS. FRANKS:  Commissioner Jones?

 12               COMMISSIONER JONES:  Approved.

 13               MS. FRANKS:  Commissioner Hais?

 14               COMMISSIONER HAIS:  Approved.

 15               MS. FRANKS:  Commissioner Plunkett?

 16               COMMISSIONER PLUNKETT:  Approved.

 17               MS. FRANKS:  By your vote, you've extended the

 18   license of Harrah's Maryland Heights for 30 days.

 19               CHAIRMAN SHULL:  Thank you.

 20               DIRECTOR McNARY:  Mr. Chairman, I may have said

 21   this, but there's some confusion.  We want it on the record

 22   that there needs to be a plan by Harrah's of how they

 23   intend to deal with intoxicated persons.

 24               CHAIRMAN SHULL:  A written plan?

 25               DIRECTOR McNARY:  Yes, sir.

 

 

 


  1               CHAIRMAN SHULL:  Fine.

  2               COMMISSIONER HAIS:  Well, Mr. Chairman, I would

  3   just -- just to take that one step further, if we're going

  4   to consider the relicensure on the 28th of March, that plan

  5   would need to be in, so that we don't have another problem

  6   with having have time to consider it and discuss it, rather

  7   than just doing it on the spot on the 28th.

  8               CHAIRMAN SHULL:  Mr. Block, how long would it

  9   take you to develop a plan in response to that question?

 10               MR. BLOCK:  We can have a plan to you,

 11   submitted within the week, next week.

 12               DIRECTOR McNARY:  That's fine.

 13               CHAIRMAN SHULL:  Thank you.

 14               COMMISSIONER JONES:  Wait a minute.  Would that

 15   include -- can we get a plan -- do we have to take another

 16   vote for them to issue a plan on their minority contract --

 17   minority and women contracts, or could that be part of it,

 18   since we're going to review it in March?

 19               DIRECTOR McNARY:  That's already submitted,

 20   Commissioner.  We just need to review it, yes.

 21               COMMISSIONER JONES:  Okay.

 22               CHAIRMAN SHULL:  We'll just review it at the

 23   next meeting and see if any further action is required on

 24   their part.

 25             Is that satisfactory with you?

 

 

 


  1               COMMISSIONER JONES:  I thought you had

  2   mentioned that it was for hiring -- employee hiring and not

  3   the contracts, not the vendors.

  4               DIRECTOR McNARY:  I think it includes all of

  5   the above.

  6               COMMISSIONER JONES:  Okay.

  7               DIRECTOR McNARY:  What we asked for included --

  8   it was general, and it was a documentation of their best

  9   efforts in all of these areas, vendors, as well as

 10   percentages, population numbers.

 11               COMMISSIONER JONES:  Okay. 

 12               DIRECTOR McNARY:  In fact -- not to belabor

 13   this, but the letter said -- Mr. Nathan said he needed to

 14   know any and all organizations, company, and agencies that

 15   they had worked with to make this happen.

 16             So it was beyond just the documentation going

 17   into those things that you inquired about.

 18               CHAIRMAN SHULL:  Well, we'll know more whenever

 19   we have an opportunity to look at the report.  And if

 20   there's further action we decide to take, we can do that

 21   next month.

 22               COMMISSIONER JONES:  All right.  Thank you,

 23   Mr. Chairman.

 24               CHAIRMAN SHULL:  The next issue to be

 25   considered is the Ameristar Casino Kansas City, Inc.,

 

 

 


  1   relicensure.

  2               DIRECTOR McNARY:  Mr. Chairman, Commissioners,

  3   this is Gordon Kanofsky, who's the manager, CEO -- what are

  4   you?

  5               MR. KANOFSKY:  I'm the co-chairman of the

  6   Board of Directors of Ameristar Casino.  I'm also the

  7   Executive Vice President of the company.  I'm also

  8   co-personal representative of the Estate of Craig Neilsen

  9   and a co-trustee of the Craig H. Neilsen Foundation.  And I

 10   never went to school with any of these guys.

 11             Good morning, Chairman Shull, Commissioners, and

 12   Executive Director of the Gaming Commission.

 13             Also with me today is Troy Stremming, our

 14   Chief Governmental Affairs Officer; Tim Wright,

 15   Vice President and Interim General Manager of Ameristar

 16   Casino Kansas City; and Jim Franke, Senior Vice President

 17   and General Manager of Ameristar Casino St. Charles.

 18             In terms of your Agenda, we intend to address

 19   both the St. Charles property and the Kansas City property

 20   at once, although we recognize that a separate vote will be

 21   taken.

 22             I'm here today to provide you with an update on

 23   the Estate of Craig Neilsen and its holdings with

 24   Ameristar.  I'll also provide you with a glimpse of our

 25   strategy for the future growth of the company, and then I'd

 

 

 


  1   be happy to answer any questions you may have regarding

  2   those issues.

  3             Troy will then make a presentation to you in

  4   connection with the renewal of our Class A Licenses, and

  5   Tim and Jim will share with you some of the recent projects

  6   that were recently completed during the licensure period,

  7   as well as some of the exciting projects that we have under

  8   construction primitively.  They then will be happy to

  9   entertain any questions you have concerning the properties

 10   at the completion of our presentation.

 11             I'd first like to recognize our late founder and

 12   majority shareholder, as well as my personal friend and

 13   mentor, Craig Neilsen.  Along with the entire Ameristar

 14   team, I continue to draw a tremendous inspiration from

 15   Craig's example of hard work, compassion, and unfettered

 16   dedication.  Going forward, we are all focused on building

 17   upon the tremendous legacy that Craig has left us.  I'd

 18   also like to recognize all of our Ameristar team members,

 19   including the management team, who are helping Ameristar

 20   through this transition.

 21             Based on our past results, we believe our success

 22   is driven by our key business strategies, which continue to

 23   be:  Creating the best facilities through upgraded design

 24   and finishes; offering our guests the best gaming

 25   experience and making sure that all of our offerings, from

 

 

 


  1   our food and beverage, entertainment, hotel rooms, games,

  2   and guest service, are top quality; and, finally,

  3   positioning the Ameristar brand as the best in each market.

  4             Our overall focus is on being the most profitable

  5   operator in our markets through an active management

  6   approach.  Our centralized management structure provides us

  7   with the flexibility and speed to adjust our business

  8   strategies quickly to respond to the constant evolution of

  9   our fast-paced industry.  Our focus on maximizing

 10   profitability will continue to enhance the company's

 11   performance in the future.  The expectations of our guests

 12   are constantly rising, and our property investments are

 13   designed to satisfy our guests' future expectations and to

 14   capture additional revenues while achieving acceptable

 15   returns on investment.

 16             As a representative of Craig Neilsen's estate,

 17   I'd like to update you on items related to the estate and

 18   its shareholdings in Ameristar.  I know you're interested

 19   in the future ownership of the company following Craig's

 20   unexpected death last November, and I'm pleased to be here

 21   today to share it with you.

 22             Craig owned approximately 31 million shares,

 23   which is around 56 percent of Ameristar's stock.  Those

 24   shares are now held by the estate, of which Craig's son,

 25   Ray, and myself are the co-personal representatives. 

 

 

 


  1   Ultimately, the estate plan provides for 25 million of

  2   those shares to be distributed to the Craig H. Neilsen

  3   Foundation, which is primarily focused on spinal cord

  4   injury research and treatment programs.  Ray and I are also

  5   the co-trustees of the foundation.

  6             The remainder of Craig's shares will be

  7   distributed to Ray, as well as a trust for his benefit. 

  8   For an estate such as Craig's, we currently believe it will

  9   take several years, perhaps in the range of four to five,

 10   before the estate is administered and the Ameristar shares

 11   are transferred to the estate's beneficiaries, including

 12   the foundation.

 13             There are restrictions prohibiting a private

 14   foundation for owning more than a 20 percent interest in a

 15   company.  However, these requirements are only triggered

 16   five years after the foundation takes title to the shares. 

 17   That's a good eight to nine years from now, or possibly

 18   longer, before the foundation could face this 20 percent

 19   requirement.

 20             There has been some speculation that Craig's

 21   estate would need to sell down its shares in order to pay

 22   the necessary estate taxes.  However, the estate has

 23   significant other assets in addition to the shares, and we

 24   anticipate that the estate taxes will be paid in

 25   installments over several years.  Accordingly, we do not

 

 

 


  1   believe there is any immediate pressure on the estate to

  2   sell any Ameristar shares.

  3             Ray and I are well aware of Craig's intentions

  4   and wishes with regards to Ameristar's future.  Craig's

  5   clear desire was for the company, through his estate and

  6   eventually the foundation, to retain its holding in

  7   Ameristar for the long-term.  Ray and I have confidence in

  8   the Ameristar growth plans and its ability to create

  9   shareholder value as a stand-alone entity.

 10             Accordingly, as personal representatives of the

 11   estate, we have no plans to sell any Ameristar shares in

 12   the near or intermediate term.  Notwithstanding the changes

 13   in shareholdings, we don't anticipate any changes in

 14   operations that would be noticeable by our team members,

 15   guests, or the communities in which we operate, or the

 16   Commission.  Ameristar will continue to be focused on

 17   providing a premiere guest experience, while striving to be

 18   the employer of choice and maintaining our commitment to

 19   our host communities as a strong corporate citizen.

 20             In looking toward the future, our strategic aim

 21   is to double the size of the company on a cash flow basis

 22   during the next three to five years.  We estimate about

 23   half of that increase will come from investing in our

 24   existing properties, including those in Missouri.  The

 25   other half will come from acquisitions and new

 

 

 


  1   developments.  Our current pursuit of acquisitions is the

  2   most aggressive in the company's history.  We strongly

  3   believe there is a significant unmet demand for the

  4   Ameristar experience, and we have confidence in our ability

  5   to drive accretive growth.

  6             Over the years, Ameristar has developed and

  7   executed a proven business strategy for the development,

  8   acquisition, integration, and operation of properties with

  9   strong growth in revenues and EBITA.

 10             For example, as you know, in late 2000, we

 11   acquired our two Missouri properties.  We completed the new

 12   St. Charles facility in 20 months, and in the meantime,

 13   improved the cash flow performance of that property by

 14   almost 60 percent.

 15             The Black Hawk acquisition in Colorado, completed

 16   at the end of '04, is another example of this strategic

 17   approach.  The casino, restaurant, and parking renovation

 18   and expansion project has already yielded positive results,

 19   and we expect the addition of the restaurant there to

 20   further drive success of that property.

 21             We also believe there's unmet demand for the

 22   Ameristar experience in additional markets, and we intend

 23   to aggressively seek additional regional and local markets

 24   throughout the United States, primarily through

 25   acquisitions, but also selectively through new

 

 

 


  1   developments.  We'll also be opportunistic in considering

  2   markets such as the Las Vegas Strip and Atlantic City.  Our

  3   objective is to significantly increase our distribution and

  4   penetration in new markets with strong demographics.  This

  5   should allow us to diversify our revenue base and increase

  6   our cash flow.

  7             We will also selectively consider foreign

  8   opportunities, in which we anticipate a significantly

  9   higher return on investment than is achievable

 10   domestically.  We have proven flexible in terms of having

 11   structured transactions, when and if the right opportunity

 12   presents itself.  At the same time, Ameristar has always

 13   been and will continue to be a very disciplined buyer.

 14             In closing, I'm proud to report that 2006 was the

 15   most successful year in Ameristar's history.  Earlier this

 16   month, we reported a record fourth quarter and annual

 17   financial results.  And, in fact, this is our fifth

 18   consecutive year of record results across, virtually, all

 19   metrics.

 20             We're delighted with these results, which

 21   reinforce the success of our business strategies and which

 22   will allow us to continue to grow our company and reinvest

 23   in our premiere properties here in Missouri.

 24             I'd be happy to answer any questions before we

 25   turn it over to the license presentation.

 

 

 


  1               CHAIRMAN SHULL:  Are there any questions?

  2               (No response.)

  3               CHAIRMAN SHULL:  Okay.  I'll turn it over to

  4   Mr. McNary.

  5               MR. KANOFSKY:  Thank you for your time.

  6               DIRECTOR McNARY:  Mr. Chairman, this is

  7   Troy Stremming.  He's well-known here.

  8               MR. STREMMING:  Good morning, Chairman Shull,

  9   Commissioners, and Executive Director McNary.

 10             We're here before you today to make a

 11   presentation in association with the renewal of our

 12   Class A Licenses.  We believe that the information provided

 13   to you this morning will support relicensure, as both

 14   properties have upheld all commitments to their respective

 15   communities, team members, and the state of Missouri.

 16             Specifically, the information provided will be in

 17   response to the request for information we received from

 18   the Commission staff.  In the interest of time, we're going

 19   to go through both properties at the same time.

 20             Regarding Ameristar's philosophy, we touched on

 21   that briefly, but in addition to being known as a company

 22   that is known for its premiere properties characterized by

 23   innovative architecture, state-of-the-art casino floors,

 24   and superior dining, Ameristar is also dedicated to

 25   generating economic development in the communities in which

 

 

 


  1   we reside, offering its team members rewarding careers,

  2   while being good corporate citizens through charitable

  3   giving, volunteerism, and sound social responsibility.

  4             Ameristar's quality properties are popular

  5   entertainment destinations for local and regional visitors. 

  6   Ameristar's proud of its significant capital investments in

  7   its casinos, and it continues to reinvest and enhance its

  8   properties through ongoing expansion and capital

  9   expenditures that Jim and Tim will speak to you about after

 10   my presentation.

 11             In keeping with the requested format, I'll now

 12   summarize the commitments of Ameristar Casino Kansas City

 13   and St. Charles during the most recent period of licensure.

 14             The first item of discussion is the development

 15   agreement with the Kansas City Port Authority.  Through its

 16   commitments under the development agreement, Ameristar

 17   Kansas City has contributed $250,000 annually to the

 18   Riverfront Project Fund.  $50,000 of this amount was

 19   utilized for local scholarship programs.  $200,000 was used

 20   to assist with the development of the riverfront in

 21   Kansas City, Missouri.  An additional $100,000 was paid

 22   annually to the Kansas City Port Authority for the

 23   awareness and research of problem gambling disorders.

 24             The property also contributed $200,000 annually

 25   to a foundation which was established to provide

 

 

 


  1   developmental support for minorities and women in business. 

  2   This funding is available for M/WBE loans or as collateral

  3   to secure loans from banks or other financial institutions

  4   operating throughout the city of Kansas City.  All of these

  5   commitments have now been fully funded.

  6             Since Ameristar Kansas City is committed to

  7   working closely with the Kansas City Port Authority to

  8   further the local economy, it has voluntarily entered into

  9   a new funding agreement.  Under the new 5-year agreement,

 10   we will annually provide $75,000 for general operational

 11   expenses of the Port Authority and $100,000 to the

 12   National Center for Responsible Gaming.  Either the

 13   National Center or Ameristar Kansas City will provide at

 14   least $25,000 annually to the Port Authority's Problem

 15   Gambling Awareness Fund.

 16             In addition, the Kansas City property committed

 17   to providing up to $100,000 for a disparity study to

 18   analyze M/WBE contracting goals in its community.  And,

 19   finally, as part of the new agreement, Ameristar

 20   contributed 2 million dollars to the Port Authority for the

 21   completion of the Riverfront Heritage Trail at the ASB

 22   Bridge.

 23             All of these payments are being made while the

 24   company continues to reinvest in its Kansas City property.

 25             Ameristar St. Charles does not have a development

 

 

 


  1   agreement with the City of St. Charles; however, the

  2   property continues to display substantial commitment to the

  3   city, in part through continued reinvestment.  The recent

  4   completion of the first-class conference facilities and the

  5   current construction of our 400-room, all-suite hotel and

  6   additional 2,000-space parking garage are evidence of this

  7   fact.

  8             The total cost of these projects is expected to

  9   be around 265 million dollars, and Jim will provide you

 10   with the specifics of this reinvestment later in the

 11   presentation.  In addition, Ameristar's philanthropic

 12   involvement in the community further confirms our

 13   commitment to the City of St. Charles.

 14             Turning to the summary of revenue, Kansas City's

 15   AGR was over 237 million, 252 million, and 259 million,

 16   respectively, for 2004 through 2006.  The increases over

 17   this period are attributable to increased business obtained

 18   as a result of a substantial capital reinvestment in the

 19   property and the Kansas City team's commitment to valued

 20   service.

 21             In St. Charles, the AGR was over 295 million,

 22   305 million, and 303 million, respectively, through -- from

 23   2004 through 2006.  St. Charles' 2006 revenue performance

 24   has been modestly impacted by intense competition in the

 25   marketplace and adjustments for our marketing program to

 

 

 


  1   maximize profitability.

  2             We'll turn now to admissions.  Kansas City's

  3   admissions were over 9.1 million, around 9 million, and

  4   8.7 million, respectively, from '04 -- I'm sorry -- through

  5   2004 to 2006.

  6             St. Charles' admissions were just over

  7   10.8 million, 10.1, and 9.5 million, respectively, for the

  8   same period of time.  We continue to see a slight decline

  9   in the number of admissions, as more mature gamblers are

 10   spending more money while gambling for shorter periods of

 11   time; therefore, resulting in fewer stayovers in gaming

 12   sessions.

 13             In addition, St. Charles' admissions were also

 14   impacted by the same competitive factors that we discussed

 15   regarding revenues.

 16             Reinvestment.  Ameristar's philosophy is to

 17   continue to make improvements and reinvest in its

 18   properties to grow revenues and admissions.  Since

 19   December of 2004, Kansas City has initiated four major

 20   capital improvement projects totaling over 28 million

 21   dollars in an effort to continue to enhance the property. 

 22   These projects have included hotel room and lobby

 23   renovations, buffet renovations, as well as changes to our

 24   employee dining room.  Additionally, the property has

 25   undertaken many smaller capital improvement projects, which

 

 

 


  1   have totaled over 7 million dollars for that same period.

  2             St. Charles has completed two major capital

  3   improvement projects to continue to enhance its property. 

  4   These projects included a 55,000 square foot conference

  5   facility, which will be integral to the hotel currently

  6   under construction, and the reconfiguration of the casino

  7   floor provides a state-of-the-art gaming experience.  The

  8   total amount spent on these projects was over 33 million

  9   dollars.

 10             Additionally, the property has also undertaken

 11   many smaller capital improvement projects, which have

 12   totaled over 7 million dollars for the same period of time.

 13             As a point of clarification, neither the

 14   St. Charles figures I mentioned include the portion of the

 15   hotel or the new garage that's been completed to date.

 16             Regarding Ameristar's employment practices, our

 17   properties strive to be an employer of choice.  Both

 18   Missouri properties have improved their hiring practices

 19   and made many policy enhancements over the last period of

 20   licensure.  Kansas City employs 1,749 team members, 1,590

 21   of which reside in the state of Missouri.  Kansas City's

 22   minority and women employment percentages are 29 percent

 23   and 48 percent, respectively.

 24             The average cash compensation computed by the

 25   EEOC job group ranges from officers and managers at just

 

 

 


  1   over $62,000 a year to service workers at approximately

  2   $21,000 a year.  The service workers compensation may

  3   appear low; however, the tips these team members receive,

  4   which in many cases make up the majority of their income,

  5   are not included in these figures.

  6             Also, it should be noted that none of these

  7   figures include additional compensation in the form of

  8   benefits, which averages approximately $9,300 per year per

  9   team member.

 10             St. Charles employs 1,896 team members, of which

 11   1,693 reside in the state of Missouri.  St. Charles'

 12   minority and women employment percentages are 30 percent

 13   and 47 percent, respectively.  And, again, computing the

 14   average cash compensation by EEOC job group, the pay ranges

 15   of officers and directors is at $56,677 and ranges to

 16   service workers at just over $23,000 per year.  And, again,

 17   benefits and tips are not included in those numbers.

 18             Regarding other opportunities for women and

 19   minority, Ameristar's Missouri properties are committed to

 20   providing opportunities to minority and women business

 21   enterprises.  The properties work to achieve this objective

 22   by increasing awareness of vendor diversity initiative

 23   opportunities on a quarterly basis with the purchasing

 24   department, increasing company-wide awareness of vendor

 25   diversity initiative objectives, and ultimately giving

 

 

 


  1   every reasonable business opportunity to businesses owned

  2   by minorities and women to participate as direct suppliers,

  3   contractors, and subcontractors.  Results are monitored and

  4   measured to the goals that are set.

  5             Kansas City's utilization of M/WBEs was

  6   17 percent for 2004, 13 percent in 2005, and 11 percent in

  7   2006.  During the same period of time, St. Charles'

  8   purchases from MBEs and WBEs was 10 percent, 10 percent in

  9   2005, as well, and then 7 percent in 2006.  The reason for

 10   the significantly lower percentages in St. Charles and

 11   Kansas City in 2006 were disappointedly low M/WBE

 12   construction purchases.  Because of the significant amount

 13   of capital that was spent on construction projects during

 14   this period, the construction utilization numbers drove the

 15   overall MBE and WBE percentages down.

 16             I think it's also important to note what those

 17   percentages equate to.  For example, in 2006, those

 18   figures, with those percentages, would equate to, in

 19   St. Charles, about 4.5 million dollars, and in Kansas City

 20   about 4.7 million dollars.

 21             We'd like to make it clear to the Commission that

 22   the concept of diversity and inclusion is valued

 23   significantly at Ameristar.  And although we value the

 24   importance of this concept and we've taken steps toward

 25   improvement, we recognize that our overall diversity

 

 

 


  1   efforts require additional focus and further development.

  2             Our senior corporate management team has made the

  3   diversity and inclusion program a priority for improvement. 

  4   To address our construction contracting shortfalls, we have

  5   amended all construction-related bidding documents and

  6   contracts to emphasize the importance of MBE and WBE

  7   participation and that such participation will be one of

  8   the criteria by which contracts are awarded.

  9             In addition, we're also seeking to increase our

 10   diversity purchases by operating goods and services, and we

 11   are seeking to increase diversity among our management

 12   ranks.  Just last month, Ameristar launched a new automated

 13   supplier registration process through the company's

 14   website.  The new online program will streamline bidding

 15   and contracting with vendors and service providers.  In

 16   addition, Ameristar intends to utilize the supplier

 17   database to generate additional opportunities for MBEs and

 18   WBEs. 

 19             Ameristar Casinos also recently appointed

 20   Carl Brooks to the Board of Directors.  Mr. Brooks has had

 21   a long and distinguished career in the electric utility

 22   industry, and he currently is the president and CEO of

 23   The Executive Leadership Council, the nation's premier

 24   leadership organization representing the most senior

 25   African-American corporate executives in Fortune 500

 

 

 


  1   companies.  In addition to the focus and leadership on

  2   diversity initiatives we expect from Mr. Brooks'

  3   participation on the Board, the company has also retained

  4   the services of Jim Lowry at the Boston Consulting Group to

  5   help steer these initiatives.

  6             I think it's also important to note that I'm the

  7   outgoing chairman of the Minority Supplier Council.  I'm

  8   also the incoming chair of the Urban League in Kansas City. 

  9   So we do recognize the importance of these issues, and

 10   we're working to continue to grow these numbers.

 11             Regarding responsible gambling, Ameristar has

 12   pledged to make responsible gaming an integral part of its

 13   daily operation.  Both Kansas City and St. Charles are able

 14   to achieve this objective by adhering to initiatives

 15   adopted at each property.  These include the recent

 16   implementation of enhanced training programs to ensure that

 17   all required team members receive responsible gaming

 18   training when hired and that they're retrained on an annual

 19   basis.  Also, guests indicating the need for responsible

 20   gaming information are informed of the 888-BETS-OFF option

 21   and the state-wide DAP program.  The properties also have

 22   signage at the players club booths that alert guests -- I'm

 23   sorry -- alert guests that they may be removed from

 24   promotional mailings when requested.

 25             Exclusion program brochures and applications to

 

 

 


  1   discontinue ATM and check-cashing privileges at a casino

  2   are also available at the cashier cages.

  3             Kansas City and St. Charles also utilize signage

  4   and brochures to communicate responsible gaming to guests

  5   and team members throughout our facilities.  Annual

  6   participation in the AGA's Responsible Gaming Education

  7   Week also occurs at each of our properties.

  8             This week includes many property events regarding

  9   responsible gaming to heighten guest and team member

 10   awareness about problem gambling.  Finally, all print,

 11   television, on-property, and off-property advertisements

 12   contain the, Gambling Problem?  Call 1-888-BETS-OFF in

 13   Missouri, message.

 14             And, lastly, Ameristar has committed, as I spoke

 15   of earlier, to a $100,000 annual contribution for problem

 16   gambling awareness through the American Gaming Association.

 17             Regarding underage gambling, both properties

 18   ensure that the law concerning the legal gambling age is

 19   vigorously upheld on a daily basis.  To do this, the

 20   properties have implemented a program to ensure that all

 21   required team members receive underage gaming prevention

 22   training when they're hired and that training is updated on

 23   an annual basis.  As you know, guests are not allowed to

 24   access the casino floor if they're under the age of

 25   21 years.  To ensure this is the case, any guest appearing

 

 

 


  1   to be under the age of 30 is required to produce

  2   identification prior to entering the casino floor.

  3             It is also our practice to randomly card

  4   individuals under the age of 30 once they're on the casino

  5   floor.  Both casinos have signage at the casino entrances

  6   which state that guests must be 21 years of age to enter. 

  7   And this message is also placed throughout the property, as

  8   well as on our marketing materials, to make sure that the

  9   message is out.

 10             Finally, Kansas City team members receive a cash

 11   reward for identifying guests under the age of 21 that are

 12   on the casino floor.  A similar program has been

 13   implemented at St. Charles as a result of the success we've

 14   had with that program in Kansas City.

 15             I'll now turn to charitable efforts. 

 16   Ameristar Casino Kansas City and St. Charles feel that our

 17   commitment to the communities in which we operate, through

 18   charitable contributions and volunteerism, is a big part of

 19   who we are as a company.  In 2005, contributions totaling

 20   over $320,000 were made and $350,000 were made in 2006. 

 21   Additionally, Kansas City made annual voluntary

 22   contributions of $200,000 to Clay County.  Kansas City team

 23   members have also contributed $230,000 to our

 24   2005 Workplace Giving Campaign and almost $250,000 to that

 25   same campaign in 2006.

 

 

 


  1             It's also important to understand that the team

  2   member contributions which were made were matched by the

  3   company, and any funds given to physical rehabilitation

  4   efforts were matched again by our past CEO's foundation.

  5             In St. Charles, in 2005, their contributions

  6   totaled over $430,00 in the local community.  This amount

  7   included annual payments for capital campaigns, which

  8   included a $50,000 commitment to Willows Way and $50,000

  9   for the Family Support Services, both providing services

 10   for disabled individuals.

 11             In 2006, contributions totaled over $450,000,

 12   which included annual payments toward a $120,000 capital

 13   campaign for Habitat for Humanity, and, finally, among

 14   other charities, ACSC's team members have contributed over

 15   $196,000 in 2005 and $200,000 in 2006.  And, again, all of

 16   those funds were matched by the company once and twice by

 17   our past chairman's foundation, if it regarded spinal cord

 18   research rehabilitation.

 19             Regarding employee volunteerism, Ameristar

 20   Kansas City and St. Charles volunteered time to charitable

 21   causes in the community.  Their contribution of time is

 22   very noteworthy.  The Kansas City team members were active

 23   in, among a multitude of others, the MDA Telethon, which is

 24   held at Ameristar Casino Kansas City, the Urban League of

 25   Greater Kansas City, Operation Breakthrough, and the

 

 

 


  1   Kansas City Rehabilitation Center.

  2             St. Charles' team members were focused on, again,

  3   in addition to many others, the Susan G. Komen Race for a

  4   Cure, Operation Food Search, Evangelical Children's Home,

  5   and the St. Louis Minority Business Council.

  6             Finally, as mentioned earlier, ongoing property

  7   improvements are an integral part of Ameristar's operating

  8   strategy.  In particular, Ameristar's committed to maintain

  9   the most advanced casino floors and premiere properties in

 10   each of its markets.  The Missouri properties continue this

 11   objective by undertaking several large projects at each

 12   property, some of which have already begun and others that

 13   have been recently completed.

 14             I'll now turn the presentation over to Tim Wright

 15   and Jim Franke to share with you some of their exciting

 16   improvements that are being made or have been recently

 17   completed at each of the properties, and then I'm come back

 18   up after they give that portion of the presentation for

 19   questions.

 20             Thank you.

 21               MR. WRIGHT:  Thank you, Troy.

 22             Good afternoon, Chairman and Commissioners.  I'd

 23   like to take this opportunity to give you an opportunity to

 24   see some of the wonderful improvements that we've made to

 25   Ameristar Kansas City.  The first slide -- we -- in 2004,

 

 

 


  1   we initiated a hotel remodel.  The renovation was completed

  2   in September 2005 at a cost of 22 million.

  3             The new bathroom finishes include rich granite

  4   counter tops, marble flooring, and luxurious bath

  5   amenities.  All rooms have been updated to the grade of a

  6   AAA Four Diamond-quality and include plush finishes,

  7   upscale European-style bedding, 40-inch plasma televisions,

  8   mini-bars in each room, and high-speed internet access.

  9             We also renovated, to carry the thread of

 10   consistency through the hotel experience, our hotel lobby,

 11   which was completed in September of 2006.  The cost of the

 12   project was 3.6 million dollars.  The dramatic new lobby is

 13   enveloped in layers of chocolate brown, fire orange

 14   textured walls with sheer drapery, glass mosaic tile, and

 15   rich shaped wood columns.  Contemporary seating provides a

 16   living room feel next to the new front desk made of

 17   ebonized wood with a floating glass top and a separate VIP

 18   check-in room.  New custom oil paintings, contemporary

 19   artifacts, and glass sculptures complete the lobby art

 20   collection.

 21             Finally, we completed the buffet renovation in

 22   November of 2005.  The cost of this project was

 23   3.2 million dollars.  The renovation included new

 24   upholstery, chairs, carpeting, artwork specifically

 25   commissioned to reflect the midwestern themes.  There are

 

 

 


  1   also custom-made crystal chandeliers and new lighting

  2   appropriate to each food venue.  The trellises on that

  3   front porch area with fans and bright lighting over the

  4   patio, which create a cafe feel.  The main dining room has

  5   been enclosed and the seating capacity has been increased.

  6             We intend to continue the reinvesting in our

  7   properties regarding capital projects during the next

  8   period of licensure, and we're committed to constantly

  9   improving upon the master plan to ensure a fresh look for

 10   our guests.

 11             At this time, I'll turn the presentation over to

 12   Jim Franke. 

 13               MR. FRANKE:  Thank you, Tim.

 14             Good morning Chairman Shull, Commissioners,

 15   Executive Director McNary, Commission staff.

 16             I, too, will take you through some of our

 17   projects that have been completed during the last couple of

 18   years and also a current project that's moving forward and

 19   one that we're very excited to get started with.

 20             First, we recently completed a new 55,000 square

 21   foot conference facility.  The cost of the facility was

 22   20.1 million dollars.  It includes two ballrooms, five

 23   meeting rooms, an executive boardroom, and a

 24   state-of-the-art business center.  The 10,000 square foot

 25   grand ballroom and pre-function event area are highlighted

 

 

 


  1   with a rare onyx covered wall and 12-foot custom wood

  2   doors.  The grand ballroom can house a variety of

  3   configurations with built-in audio/visual system, special

  4   sound fabric, and acoustic ceiling and walls, touch screens

  5   for lighting and room temperature, as well as WIFI

  6   capabilities.

  7             A separate kitchen offers full catering service

  8   and one of the first American-made convotherm ovens that

  9   combines steam with air cooking.  The smaller meeting rooms

 10   and executive boardroom also provide the same technical

 11   features as those available in the ballroom.  The business

 12   center offers full-service presentation systems for our

 13   guests to use, as well as internet, copy, fax, and mailing

 14   services.

 15             Something that's gotten the city definitely in a

 16   buzz is the project of our new Ameristar St. Charles hotel. 

 17   It has 400 rooms, all suites, with an additional 2,000

 18   space parking garage.  The cost of this project, including

 19   the conference facilities, as Troy stated earlier, is

 20   265 million dollars.  This past Friday, 1,000 of those

 21   parking spaces were turned over to operations, which will

 22   partially alleviate capacity restraints during our peak

 23   periods.  The remaining 1,000 spaces will be turned over

 24   along with the hotel in December of '07.

 25             Room finishes will also be similar to

 

 

 


  1   Kansas City, with plush amenities and plasma televisions. 

  2   In addition, St. Charles' rooms will each have a sunken

  3   living room area that will showcase the Missouri River on

  4   one side and Historic Main Street on the other.  Standard

  5   guest suites will measure at least 628 square feet.  While

  6   every room will be a suite, the hotel has 12 enhanced

  7   suites, 10 king spa suites, and two presidential suites. 

  8   The indoor/outdoor pool will feature fountains and hot

  9   tubs.  The pool deck will include fire pits, cabanas,

 10   daybeds, and a meeting area.

 11             The 7,000 square foot destination full-service

 12   spa will include private treatment rooms, steam rooms,

 13   whirlpools with waterfall features, saunas, as well as

 14   men's and women's lounges.  The hotel is designed to

 15   surpass AAA Four Diamond-quality standards, and we are

 16   confident it will be the premiere hotel in greater

 17   St. Louis.

 18             As in Kansas City, we intend to continue

 19   reinvesting in our property through various capital

 20   projects during the next period of licensure.  We are

 21   committed to constantly improving upon our master plan and

 22   continue to provide our guests with the quality experience

 23   that they expect from Ameristar.

 24             Finally, I'd like to talk to you about a project

 25   that we are all very anxious to get started on.  In front

 

 

 


  1   of you, you will see a rendering of the proposed

  2   Riverbluff Drive improvements between Fifth Street and the

  3   riverfront in St. Charles.

  4             In 2005, Ameristar St. Charles established a

  5   Transportation Development District and a Community

  6   Improvement District as sources of revenue to fund and

  7   expedite the redevelopment of Riverbluff Drive.  This

  8   project will provide a safer, more convenient form of

  9   ingress and egress to Main Street and Ameristar.  This

 10   multi-million dollar project will initially be funded by

 11   bond proceeds and advances by Ameristar St. Charles.  It

 12   will be repaid through the TTD and CID's 2 percent tax on

 13   non-gaming revenue at our property.

 14             The new roadway will add two additional lanes for

 15   ingress and egress, as well as a center turn lane for a

 16   total of five lanes.  The current Riverbluff Drive consists

 17   of only two lanes, with a turn lane at each intersection. 

 18   The additional lanes will relieve stress on the

 19   highly-congested roadway during peak operational hours and

 20   provide a safer path to and from the St. Charles

 21   riverfront.

 22             In addition, the TTD intends to provide enhanced

 23   lighting and landscaping along Riverbluff Drive.  This will

 24   provide more pleasing aesthetics as guests approach

 25   Ameristar St. Charles and Historic Main Street.  The TTD is

 

 

 


  1   currently negotiating with the property owners who have

  2   property which will be impacted by the road improvements. 

  3   We are optimistic those negotiations will be finalized very

  4   soon and construction can start as soon as possible

  5   thereafter.

  6             I will now turn the presentation back over to

  7   Troy.

  8               MR. STREMMING:  I'd be happy to answer any

  9   questions you have now about this presentation, or if you'd

 10   like the city representatives to testify first and then ask

 11   questions, whatever you'd like us to do.

 12               DIRECTOR McNARY:  Mr. Chairman, I would -- are

 13   there questions of Mr. Kanofsky concerning the ownership of

 14   the -- of the transfer because of the untimely death of

 15   Craig Neilsen?

 16               COMMISSIONER HAIS:  I have none.

 17               DIRECTOR McNARY:  No questions from anyone?

 18               COMMISSIONER JONES:   No.

 19               COMMISSIONER PLUNKETT:  No.

 20               CHAIRMAN SHULL:  There are no questions for him

 21   regarding that issue.

 22               DIRECTOR McNARY:  Okay.  Do you want to hear

 23   from the mayors at this time?

 24               CHAIRMAN SHULL:  Why don't we go ahead and

 25   follow through with the rest of the testimony and then you

 

 

 


  1   can come back.

  2               MR. STREMMING:  Actually, I'll introduce them,

  3   if you want.

  4             We have Mayor Patti York here from the City of

  5   St. Charles.  We'll bring her up first.  And then we also

  6   have the executive director of the Kansas City

  7   Port Authority, Vince Gauthier.

  8             So I will bring Mayor York up first.

  9               CHAIRMAN SHULL:  Thank you.

 10               MAYOR YORK:  Good morning, Gentlemen, ladies.   

 11   I'm Mayor Patti York, mayor of the City of St. Charles,

 12   Missouri -- the great City of St. Charles, Missouri.

 13             I thank you for providing the city an opportunity

 14   to testify before you in regard to the Commission's

 15   consideration of the relicensure of one of our city's best

 16   corporate citizens, Ameristar Casino St. Charles.  It is a

 17   real pleasure to be here and to have the opportunity to

 18   share with you all of the exceptional things our city has

 19   been able to accomplish for our citizens as a home dock

 20   community.

 21             Ameristar is an extremely active and

 22   participatory corporate citizen.  Besides being a member of

 23   many business and community groups, Ameristar has recently

 24   formed the Ameristar Community Advisory Board, whose

 25   purpose is to provide an opportunity for business, civic,

 

 

 


  1   and educational leaders to provide valuable feedback on

  2   Ameristar strategies and plans and to provide insights and

  3   opportunities within the community.

  4             The Advisory Board established a Reaching Out to

  5   the Region Award.  In 2005, St. Charles' Connections for

  6   Success was selected by the Advisory Board as the $10,000

  7   charity recipient, and in 2006, our own St. Charles'

  8   Volunteers in Medicine was the $10,000 charity recipient. 

  9   The Board selects a new charitable recipient annually.

 10             Ameristar is a hallmark of responsible corporate

 11   citizenship.  Ameristar contributed $100,000 to our own

 12   city-owned Foundry Art Centre that resulted in a gallery

 13   bearing their name.  In addition, Ameristar annually raises

 14   money for adult and children charities, assists in

 15   fund-raising for civic events and community activities. 

 16   For example, the nationally recognized Lewis and Clark

 17   Bi-centennial event, which was held in St. Charles in 2004,

 18   they were a major sponsor, and they contribute to many

 19   worthy causes, as you've seen.

 20             Ameristar CARES, a workplace giving program,

 21   contributed almost 1 million dollars to five area

 22   non-profit organizations.  Employees kicked off their third

 23   year and raised the money themselves.

 24             Ameristar has always stood ready to assist our

 25   community.  Most recently, they allowed us to use a parking

 

 

 


  1   lot for staging purposes during recent storm activities in

  2   the community.

  3             In terms of the economic impact, the only words

  4   to be said about the Ameristar facility is that it is a

  5   tremendous economic asset to our city.  Ameristar has made

  6   over 460 million dollars in investment in our city and is

  7   investing an additional 240 million dollars in our city

  8   starting again this past 2006, with the construction of a

  9   400-room all-suite's hotel, the conference center, and the

 10   parking garage, as you've seen.  We used to be known in the

 11   metropolitan area as having the largest parking garage, and

 12   now we've outdone ourselves with even a bigger one.  These

 13   will all be completed in 2007.  And as you saw, it's really

 14   changed the face of our riverfront.

 15             Ameristar is the largest employer in the city

 16   with approximately 1,900 employee team members.

 17             The Ameristar facility is the anchor of our South

 18   Main Street Riverfront area.  It serves as a catalyst for

 19   economic development north of the facility to the

 20   Trailhead Brewery at Boone's Lick Road.  Recent development

 21   north of the facility includes construction of the Country

 22   Inn & Suites, and condominiums and villas, with prices in

 23   excess of $300,000 per unit.  Another development of

 24   condominiums and retail establishments have broken ground

 25   on South Main very close to this.  The long-term economic

 

 

 


  1   impact on the City's Riverfront development is excellent.

  2             The gaming tax and admission fee revenue to the

  3   City was over 15.7 million dollars in 2006.   Since the

  4   casino's opening in 1994, the total gaming tax and

  5   admission fee revenue to the city has exceeded 134 million

  6   dollars.  The revenue enabled the city to execute numerous

  7   public works projects, from street constructions and

  8   repairs, storm water, sanitary sewer, water, and numerous

  9   other infrastructure improvements.

 10             Now, you have to realize, and I can note, that we

 11   have some old infrastructure in the City of St. Charles. 

 12   We are the third oldest city in the whole state of

 13   Missouri.  We're only three years younger than the City of

 14   St. Louis.  And I will tell you that in 2005, I accepted an

 15   award for the oldest clay pipe sewer system still in

 16   existence.  You can see we have old infrastructure in our

 17   community, and what we have done is taken this money and

 18   reinvested it back into our infrastructure, building it

 19   from the inside out.  We did not replace the clay pipe

 20   sewer yet.  Hopefully, we won't have to.

 21             The revenue has enabled the city in conjunction

 22   with the St. Charles County Convention and Sports

 23   Facilities Authority to construct a 35 million dollar

 24   convention center, which opened in April 2005, the

 25   development and acquisition of parks, funding to the

 

 

 


  1   St. Charles Family Arena, and, which I'm most proud of,

  2   funding for our DARE and School Resource Officers for our

  3   schools to the tune of $740,000 a year has all been helped

  4   by this influx of money in our community.  The convention

  5   center attracted the 296 all-suite four-star Embassy Suites

  6   Hotel's investment of 40 million dollars.

  7             The Ameristar facility is an asset to the city. 

  8   The operation of the Ameristar facility has provided no

  9   negative secondary effects in terms of criminal activity in

 10   our city.  On average, annually, less than 1 percent of the

 11   police department's total calls for service involved the

 12   Ameristar facility.  This is reasonable number for the

 13   number of patrons who visit the facility.  Ameristar is

 14   cited as the largest tourist attraction in the St. Louis

 15   area, bringing in many more tourist to our already

 16   award-winning tourism industry in St. Charles.

 17             Our Police Department has an excellent working

 18   relationship with dedicated highway patrolmen assigned to

 19   the facility.  We also have an excellent working

 20   relationship with the security personnel of Ameristar.

 21             In conclusion, we certainly believe that the

 22   Ameristar facility, its operation and management and its

 23   integration into our community, are exactly what the state

 24   anticipated when gaming was approved by the voters and the

 25   Commission awarded the licenses.  Thank you for this

 

 

 


  1   opportunity to testify.

  2             On behalf of the City of St. Charles, Missouri,

  3   we provide 100 percent support and endorsement for the

  4   relicensure of Ameristar Casino St. Charles.

  5             Any questions? 

  6               CHAIRMAN SHULL:  No questions.  Thank you very

  7   much.

  8               MR. GAUTHIER:   Good morning.  My name is

  9   Vincent Gauthier.  I'm the new Port Authority Director for

 10   Kansas City, Missouri.

 11             I am here to express the city's firm support for

 12   Ameristar's relicensure in Kansas City.  I carry with me a

 13   letter from Mayor Barnes that focuses on the revenues

 14   generated by Ameristar and its designation towards capital

 15   improvements and infrastructure work in the city.  She

 16   overall notes that the city faces no additional costs in

 17   the area of law enforcement related to Ameristar Casino's

 18   operations, as the company has a strong security operation

 19   and has had very few problems that would detract from the

 20   city's overall policing of the community.  Again,

 21   Ameristar's corporate presence is of a positive nature and

 22   adds significantly to our tourism industry.

 23             Yesterday, the Port Authority officially approved

 24   our development agreement that Troy described in some

 25   detail.  Very specific to that is the project that was

 

 

 


  1   briefly mentioned, and that was a connection on the

  2   Riverfront Heritage Trail in Kansas City.  This is a

  3   significant portion of what the recreation opportunities

  4   are along the riverfront, and there was a critical missing

  5   link that has been missing for some time, and that is,

  6   upgrade access on this trail to where it engages the

  7   ASB railroad bridge in Kansas City.

  8             With the donation of 2 million dollars by

  9   Ameristar, we are able now to undertake, this year, this

 10   long-awaited project.  It is a 3 million dollar project, so

 11   you can see how significant their contribution is.  This

 12   link is important because of what it connects.  The

 13   riverfront in Kansas City is undertaking quite a new

 14   approach to development.  We're focusing very heavily on

 15   sustainable development.

 16             In that regard, we are building a new 5.5 acre

 17   eco-system restoration project, which is right at the base

 18   of this new ASB underpass.  We are also working on the

 19   archaeological side of the original town of Kansas, which I

 20   welcome you all to come see in, probably, the next five to

 21   ten years.  We also connect to the Berkley Riverfront Park,

 22   which is going through significant redesign.  We'll

 23   incorporate new storm water detention, energy conservation,

 24   and other sustainable related items to it.

 25             This is the link that connects the river market,

 

 

 


  1   Columbus Park, and the riverfront and the casino area in

  2   Kansas City.  So, obviously, it was much needed.

  3             We recognize the need for Ameristar to continue

  4   strengthening its realistic MBE and WBE goal attainment. 

  5   As such, we have stepped up marketing of the

  6   Port Authority, Ameristar Isle of Capri funding.  This is

  7   funding for the advancement of MBE and WBE businesses in

  8   Kansas City.  We believe that you will see significant

  9   increases based on this fund and our active participation.

 10             Something I think that was maybe left out that I

 11   think was a very significant portion of the new development

 12   agreement was the interest and commitment by Ameristar, as

 13   well as the Isle of Capri, to fund a new diversity study

 14   for the casino industry in Kansas City.  We believe that

 15   this should be available by the end of 2007 and will

 16   provide us a very strong road map as we go forward.

 17             In conclusion, I would just like to say that the

 18   city of Kansas City, Missouri, and the Port Authority

 19   strongly support relicensure of Ameristar Casino and Hotel

 20   in Kansas City.  And in that regard, I would like to

 21   provide you this letter from Mayor Kay Barnes, who wishes

 22   she could be here.

 23             Thank you.

 24               CHAIRMAN SHULL:  Thank you very much.

 25               DIRECTOR McNARY:  Any questions of --

 

 

 


  1               CHAIRMAN SHULL:  I don't believe so, but we'll

  2   go ahead and put this letter in the record.

  3             Good morning, again.

  4               MR. STREMMING:  Good morning, again.  It seems

  5   like afternoon after that presentation.

  6             I'll be more than happy to answer any questions

  7   you might have now based on the relicensure.

  8               COMMISSIONER HAIS:  What's a private treatment

  9   room?

 10               MR. STREMMING:  A private treatment room?  Oh,

 11   with the spa?

 12               COMMISSIONER HAIS:  Oh, is that what it is?

 13               MR. STREMMING:  Yeah.  You're asking the wrong

 14   guy, though.

 15             Jim, you look like the --

 16               COMMISSIONER HAIS:  Okay.  The chairman wanted

 17   me to ask.

 18                MR. FRANKE:  You know, like massage rooms or

 19   something, where you wouldn't be doing that out in a public

 20   area.

 21               CHAIRMAN SHULL:  But it was Commissioner Hais'

 22   question. 

 23               COMMISSIONER HAIS:  Does Ameristar have any

 24   facilities whose hours of alcohol serving exceeds the

 25   normal -- what is it, 1:30?

 

 

 


  1               MR. STREMMING:  You're saying in the state of

  2   Missouri?

  3               COMMISSIONER HAIS:  Yes, sir.

  4               MR. STREMMING:  No.  Well, again, on the casino

  5   floor, we can serve alcohol until three a.m.  Off the

  6   casino floor, we can only serve until 1:30 a.m.

  7               COMMISSIONER HAIS:  Okay.

  8               CHAIRMAN SHULL:  I have a question regarding

  9   the licenses.

 10               MR. STREMMING:  Yes, sir.

 11               CHAIRMAN SHULL:  Has the King and the Queen

 12   been merged?  Because I just noticed it says specifically

 13   the King relicensure.

 14               MR. STREMMING:  I would guess, but that's not

 15   in necessarily our portion but might be in the

 16   investigation portion from the Highway Patrol, because they

 17   used to be referenced as King and Queen, because you have

 18   two barges.  But after we did away with the boarding time

 19   requirement of 45 minutes, we opened up the wall between

 20   those two barges.  So now it's just basically one licensed

 21   facility.  It's actually called the King now as opposed to

 22   the King and the Queen.  ABS probably still refers to them

 23   as King and Queen, because there are two barges that have

 24   to be licensed.

 25               COMMISSIONER JONES:  You know, I'd like to

 

 

 


  1   commend you on your program for the minority and women

  2   vendors involved.  The $100,000 that you have for the

  3   diversity study, I think, will put a lot of light on the

  4   program itself.

  5             Again, there's always room for improvement, but

  6   you guys are going in the right direction.  Trust me. 

  7   You're headed in the right direction.

  8               MR. STREMMING:  Thank you.

  9               COMMISSIONER JONES:  You know, I'm looking at

 10   the income statements in the reading, and I just have a big

 11   problem, because I see a lot of negative numbers on the

 12   revenue.

 13             This is on Page 26 in the reading, and this is

 14   the Ameristar Casino for Kansas City.  On the income

 15   statement, you have net revenues for September 2006 of a

 16   negative 79 million dollars.

 17               DIRECTOR McNARY:  We can't get into that,

 18   Commissioner.  That's confidential information.

 19               COMMISSIONER JONES:  Oh, okay.

 20               DIRECTOR McNARY:  We can do it in closed

 21   session, if you want them to stay.

 22               COMMISSIONER JONES:  Oh, well, I just need to

 23   know --

 24               CHAIRMAN SHULL:  It's very interesting.

 25               COMMISSIONER JONES:  Right.  It's interesting.

 

 

 


  1               DIRECTOR McNARY:  Do you want to stay, Troy?

  2               MR. STREMMING:  Oh, yeah.  We'll be more than

  3   happy to stay, if you want to go in executive session to

  4   answer the questions.

  5               DIRECTOR McNARY:  That's inappropriate in an

  6   open session.

  7               COMMISSIONER JONES:  Okay.  I'm sorry.  That

  8   was it.

  9               CHAIRMAN SHULL:  I have a question regarding

 10   the turnover that was listed at about 40 percent.

 11             Is there some reason that you can explain -- that

 12   explains it?

 13               MR. STREMMING:  Well, I will tell you --

 14   although that sounds very high from a casino-industry

 15   perspective, I think if you look outside the state of

 16   Missouri, it is higher than that, and I think that you

 17   have -- unfortunately, because we spend a lot of money and

 18   time on training, we don't like to see that number so high

 19   and we try to do everything we can to control it.  But you

 20   also have a very transient-type of employee in this

 21   business, and people are willing sometimes to move from one

 22   casino to another that are in close proximity for a fairly

 23   small increase in wage.

 24               CHAIRMAN SHULL:  Are there any other questions?

 25               (No response.)

 

 

 


  1               DIRECTOR McNARY:  Thanks, Troy.

  2               MR. WRIGHT:  Thank you.

  3               DIRECTOR McNARY:  Mr. Chairman, the

  4   investigative summary for Kansas City will be Sergeant Gary

  5   Davidson.

  6               SERGEANT DAVIDSON:  Good morning, Mr. Chairman,

  7   and Commission staff, Commissioners.

  8             An investigation was conducted by the

  9   Missouri State Highway Patrol, Gaming Division, to

 10   determine suitability of Ameristar Casino Kansas City,

 11   Incorporated, in response to their filing of a relicensing

 12   application for the Class A River Boat Gaming license.

 13             Ameristar of Kansas City Casino, Incorporated, a

 14   wholly-owned subsidiary of Ameristar Casinos, Incorporated,

 15   was incorporated in the state of Missouri on October 10,

 16   2000.  On December 19th, 2000, they were granted a Class A

 17   River Board Gaming License by the Missouri Gaming

 18   Commission for the purpose of operating a river boat gaming

 19   operation in Kansas City, Missouri.

 20             Credit and criminal background checks were

 21   conducted on Ameristar Kansas City Key and Level 1

 22   personnel, along with the financial analysis of the

 23   company.  The background checks included but were not

 24   limited to checks with federal, state, county, and

 25   municipal law enforcement agencies where the individuals

 

 

 


  1   have lived, worked, or frequented.  No discrepancies or

  2   concerns were discovered.

  3             The city of Kansas City and Clay County officials

  4   were contacted regarding concerns with the operation of

  5   Ameristar Kansas City.  There were no issues, concerns, or

  6   negative information discovered.  The Missouri Department

  7   of Natural Resources, Missouri Department of Health, and

  8   the Kansas City Health Department were contacted regarding

  9   concerns with Ameristar Kansas City operation.  And, again,

 10   no concerns were noted.

 11             ABS Consulting, Incorporated, conducted the

 12   superstructure life-saving systems and multi-barge platform

 13   annual survey of Ameristar Kansas City in October of 2006.

 14   Several deficiencies were discovered and subsequently

 15   reported on ABS's inspection report.  Ameristar Kansas City

 16   has indicated, as ABS has indicated, they were working

 17   together to resolve the issues and provide documentation to

 18   ABC.  However, none of these issues were major life-safety

 19   issues with Ameristar.

 20             No other discrepancies or concerns were found

 21   during the background investigation.  The report given to

 22   you was prepared for the purpose of assisting you in

 23   determining the suitability of Ameristar Kansas City

 24   Casino, Incorporated, for relicensure.

 25             Thank you.

 

 

 


  1               COMMISSIONER HAIS:  The minor concerns that you

  2   mentioned --

  3               SERGEANT DAVIDSON:  Yes, sir.

  4               COMMISSIONER HAIS:  -- do you feel that they're

  5   not worthy of mention?

  6               SERGEANT DAVIDSON:  I -- when I spoke with

  7   Jeff Boil (ph.), who is with ABS, my major question to him

  8   was, Is this a life-safety issue?  And he said, No.  This

  9   is not a major life-safety issue.

 10               COMMISSIONER HAIS:  Well, I mean in the context

 11   of a relicensure hearing, do you feel they're not important

 12   enough to effect our determination one way or the other?

 13               SERGEANT DAVIDSON:  No, I do not.  That was,

 14   obviously -- I'm not the professional.  I use Jeff Boil,

 15   who does the inspections.  I used his comments to determine

 16   whether or not he felt like it would be necessary.  I just

 17   got the most recent update from him yesterday and, again,

 18   there was no life-safety issue or anything that would be

 19   considerable that would need to be mentioned, no.

 20             Now, those are in the report, though.  They're

 21   just not in my presentation.

 22               CHAIRMAN SHULL:  Are there other questions?

 23               (No response.)

 24               DIRECTOR McNARY:  Thank you, Sergeant.  The

 25   St. Louis investigative summary will be presented by

 

 

 


  1   Corporal Jim Bennett.

  2               CORPORAL BENNETT:  Mr. Chairman, Commissioners,

  3   good morning.

  4             An investigation was conducted by the

  5   Missouri State Highway Patrol and members of the

  6   Missouri Gaming Commission to determine the suitability of

  7   Ameristar Casino St. Charles, Incorporated -- to determine

  8   the suitability of the Ameristar Casino St. Charles, a

  9   wholly-owned subsidiary of Ameristar Casinos, Incorporated.

 10             The investigation was conducted in response to

 11   their filing for relicensure of their Class A River Boat

 12   Gaming License on September 20th, 2006.

 13             Background checks were conducted by the -- on the

 14   Ameristar Casino Key and Level 1 personnel.  The background

 15   checks included criminal, civil, and credit checks.  No

 16   discrepancies or concerns were discovered.  As for the

 17   property, officials from St. Charles City, St. Charles

 18   County, and the state of Missouri were conducted regarding

 19   the operation of the Ameristar Casino St. Charles.  A

 20   financial analyst -- a financial analyst of the casino was

 21   also conducted.  No issues, concerns, or negative

 22   information was discovered.

 23             An annual inspection of the Ameristar Casino

 24   St. Charles was conducted by American Bureau of Shipping

 25   Consulting, Incorporated, at the discretion of this

 

 

 


  1   Commission staff.  The inspection revealed some

  2   deficiencies, but all have been rectified to the

  3   satisfaction of the American Bureau of Shipping

  4   Consulting's code regulator.

  5             In summary, no discrepancies or concerns were

  6   found during this relicensure investigation.

  7             The report provided to you was prepared for the

  8   purpose of assisting you in determining the suitability of

  9   the Ameristar Casino St. Charles.  Thank you.

 10               CHAIRMAN SHULL:  Any questions?

 11               (No response.)

 12               CHAIRMAN SHULL:  Thank you.

 13             Is there anyone here from the public that would

 14   like to comment?

 15               DIRECTOR McNARY:  Mr. Chairman, it was of some

 16   concern to us, there had never been a Key Person who had

 17   died.  The untimely death of Craig Neilsen caused

 18   considerable discussion among staff.  Mr. Kanofsky is

 19   already licensed as a Key Person.  There will be a

 20   background investigation of Ray Neilsen, to license him as

 21   a Key Person.  These are the two key people responsible for

 22   Ameristar, but we recommend relicensure, Class A License,

 23   of Ameristar at this time.

 24               CHAIRMAN SHULL:  Thank you.  Are there any

 25   questions?

 

 

 


  1               COMMISSIONER HAIS:  Are we taking them

  2   separately?

  3               CHAIRMAN SHULL:  Yes.

  4               COMMISSIONER HAIS:  I would move then,

  5   Mr. Chairman, that Commission Resolution No. 7-12 be

  6   approved.

  7               COMMISSIONER PLUNKETT:  Second.

  8               CHAIRMAN SHULL:  Is there any further

  9   discussion?

 10               (No response.)

 11               CHAIRMAN SHULL:  Call the roll.

 12               MS. FRANKS:  Chairman Shull?

 13               CHAIRMAN SHULL:  Approved.

 14               MS. FRANKS:  Commissioner Jones?

 15               COMMISSIONER JONES:  Approved.

 16               MS. FRANKS:  Commissioner Hais?

 17               COMMISSIONER HAIS:  Approved.

 18               MS. FRANKS:  Commissioner Plunkett?

 19               COMMISSIONER PLUNKETT:  Approved.

 20               MS. FRANKS:  By your vote, you've adopted

 21   Resolution No. 07-012.

 22               COMMISSIONER PLUNKETT:  I make a motion for

 23   Resolution 07-013.

 24               COMMISSIONER JONES:  Second.

 25               CHAIRMAN SHULL:  Is there further discussion?

 

 

 


  1               (No response.)

  2               CHAIRMAN SHULL:  Call the roll.

  3               MS. FRANKS:  Chairman Shull?

  4               CHAIRMAN SHULL:  Approved.

  5               MS. FRANKS:  Commissioner Jones?

  6               COMMISSIONER JONES:  Approved.

  7               MS. FRANKS:  Commissioner Hais?

  8               COMMISSIONER HAIS:  Approved.

  9               MS. FRANKS:  Commissioner Plunkett?

 10               COMMISSIONER PLUNKETT:  Approved.

 11               MS. FRANKS:  By your vote, you've adopted

 12   Resolution No. 07-013.

 13               DIRECTOR McNARY:  Mr. Chairman, Item IV on the

 14   Agenda, Consideration of Level I/Key Applicants.

 15             Lieutenant Gary War?

 16               LIEUTENANT WAR:  Good morning.

 17             Mr. Chairman and Commissioners, the

 18   Highway Patrol and Gaming Commission investigators

 19   conducted background investigations on the following

 20   Key Person and Level I applicants.  The investigations

 21   included, but were not limited to criminal, financial, and

 22   general character inquiries. 

 23             Under Level I, we have Thomas J. Halford,

 24   Director of Property Management at Isle of Capri,

 25   Boonville.

 

 

 


  1             Under Key Persons, we have James R. Franke,

  2   Senior Vice President and General Manager of Ameristar

  3   St. Charles; Shaun Hayes, Director, Isle of Capri Casinos,

  4   Inc., St. Louis; and the last one is Stephen F. Bollenbach,

  5   Member-Board of Directors, Harrah's Entertainment, Inc.,

  6   Las Vegas, Nevada.

  7             The results of the investigations were provided

  8   to the Gaming Commission staff for their review and

  9   recommendation.

 10             Thank you.

 11               DIRECTOR McNARY:  Mr. Chairman, the staff has

 12   no reason not to relicense these Key Person applicants.

 13               CHAIRMAN SHULL:  Thank you.

 14             Are there any questions?

 15               (No response.)

 16               CHAIRMAN SHULL:  Is there a motion?

 17               COMMISSIONER HAIS:  Yeah.  Mr. Chairman, I

 18   would move the approval of Commission Resolution 07-014.

 19               COMMISSIONER JONES:  Second it.

 20               CHAIRMAN SHULL:  Is there further discussion?

 21               (No response.)

 22               CHAIRMAN SHULL:  Call the roll.

 23               MS. FRANKS:  Chairman Shull?

 24               CHAIRMAN SHULL:  Approved.

 25               MS. FRANKS:  Commissioner Jones?

 

 

 


  1               COMMISSIONER JONES:  Approved.

  2               MS. FRANKS:  Commissioner Hais?

  3               COMMISSIONER HAIS:  Approved.

  4               MS. FRANKS:  Commissioner Plunkett?

  5               COMMISSIONER PLUNKETT:  Approved.

  6               MS. FRANKS:  By your vote, you've adopted

  7   Resolution No. 07-014.

  8               DIRECTOR McNARY:  Mr. Chairman, Item V,

  9   Consideration of Disciplinary Action, General Counsel

 10   Chris Hinckley.

 11               MR. HINCKLEY:  Mr. Chairman, Commissioners,

 12   good morning, still.

 13             Can I turn your attention to Tab G?  In Tab G,

 14   there is the Disciplinary Order -- I'm sorry -- the

 15   Preliminary Order for Disciplinary Action Against Harrah's

 16   North Kansas City.

 17             This disciplinary action has to do with the

 18   casino mailing out promotional coupons that did not have a

 19   value on their face or anywhere on the coupon.  These were

 20   mailed out to patrons.  Initially, this was caught by the

 21   compliance manager of Harrah's North Kansas City on

 22   June 30th, 2006.

 23             These mystery money promotional coupons, it

 24   appears cashed in only three times, although thousands were

 25   sent out.  The amounts varied on them from five to $100. 

 

 

 


  1   This mailing of coupon -- of promotional coupons without

  2   the value on their face is a violation of the regs,

  3   specifically 45.5.183 Paragraph 3, Subparagraph C, which

  4   states that the promotional coupons shall contain a

  5   specific value for any monetary coupon stated in U.S.

  6   dollars.  That same regulation is reflected in the minimum

  7   control standards, as well as the internal control

  8   standards, and that was not followed by Harrah's North

  9   Kansas City, and as a result, the Commission is asking for

 10   the approval of a $15,000 fine.  This fine is consistent

 11   with similar situations, similar violations in the amounts

 12   given to the casinos that made those violations.

 13               CHAIRMAN SHULL:  Are there any questions?

 14               COMMISSIONER HAIS:  I haven't seen that

 15   regulation.  Do you -- it's not attached here as an

 16   exhibit.  Do you have the regulation, Counsel?

 17               MR. HINCKLEY:  I can read into the record the

 18   regulation.

 19               COMMISSIONER HAIS:  Is it short enough to do

 20   that?

 21               MR. HINCKLEY:  I actually think I just read it,

 22   Commissioner Hais.

 23               COMMISSIONER HAIS:  A portion, or the whole

 24   thing?

 25               MR. HINCKLEY:  The pertinent portion.  I do not

 

 

 


  1   have, with me, the entire paragraph.  I read the majority

  2   of the subparagraph, which relates exactly to the

  3   promotional coupon and the value having to be on the face.

  4               COMMISSIONER HAIS:  I'm not understanding how

  5   they were cashed in, if there's no value denominated.

  6               MR. HINCKLEY:  From what I understand -- and

  7   let me just remind the Commissioners that may or may not be

  8   aware, that during the time that this was reviewed in front

  9   of the disciplinary review board, I was not hired.  I was

 10   not on as general counsel.  I'm kind of stepping in and

 11   taking a third-party position.  I gathered as much

 12   information as I can.  It's not as an excuse, just as an

 13   informative matter.

 14             The promotional coupons were redeemed -- there's

 15   a bar code on the back of them, and the bar code -- it was

 16   calculated into the bar code.  When redeemed by the patron,

 17   it would give them credit -- from my understanding, it

 18   would give them credit on the various slot machines from

 19   anywhere from five to $100.

 20               COMMISSIONER HAIS:  So the ones that were

 21   redeemed were just -- people got what they got?

 22               MR. HINCKLEY:  Correct, of the ones that were

 23   redeemed.  Now, it's my understanding that -- although this

 24   was caught early, obviously.  Only three of several

 25   thousand were redeemed.  That was played out, and there was

 

 

 


  1   not a way to withdrawal the promotional coupons that had

  2   previously been sent out.  So it's a one-time fine for the

  3   entire mailing.

  4               COMMISSIONER HAIS:  You mean a recommendation?

  5               MR. HINCKLEY:  I'm sorry.  Yeah.  A

  6   recommendation.

  7               COMMISSIONER HAIS:  I see.

  8               CHAIRMAN SHULL:  Did the company refuse to

  9   honor any of them, or were there only three that were

 10   presented for payment?

 11               MR. HINCKLEY:  It's my understanding -- and this

 12   will be further -- the next tab is the same situation.

 13             It's my understanding from the information

 14   garnered from the reports from these two violations that

 15   they intended to honor all of the coupons and not do it

 16   again.  And I'm sure that if anybody from Harrah's knows

 17   differently, we can hear from them, if the Commission would

 18   like.

 19               COMMISSIONER HAIS:  I have nothing further.

 20               CHAIRMAN SHULL:  Mr. McNary?

 21               DIRECTOR McNARY:  Mr. Chairman, staff supports

 22   recommendation of general counsel.

 23               CHAIRMAN SHULL:  Is there a motion?

 24               COMMISSIONER PLUNKETT:  I make a motion.

 25               COMMISSIONER HAIS:  Do we have any further

 

 

 


  1   testimony on this from anyone?

  2               CHAIRMAN SHULL:  No.

  3               COMMISSIONER HAIS:  Okay.

  4               CHAIRMAN SHULL:  Did you want to call somebody?

  5               COMMISSIONER HAIS:  Well, I mean, there are

  6   people from Harrah's present.

  7               CHAIRMAN SHULL:  Is there anyone here from

  8   Harrah's that can address this?

  9               DIRECTOR McNARY:  Harrah's has a right, if they

 10   want to challenge the fine, to go before a hearing officer.

 11               HARRAH'S REPRESENTATIVE:  At this time, we're

 12   not going to challenge anything, unless you have questions

 13   about the actual promotion itself, because both cases are

 14   related to the exact same incident, just on two sides of

 15   the state.

 16               CHAIRMAN SHULL:  Could you answer my question?

 17               HARRAH'S REPRESENTATIVE:  Sure.

 18               CHAIRMAN SHULL:  Were there other coupons that

 19   were presented that the company declined to recognize or

 20   pay?

 21               HARRAH'S REPRESENTATIVE:  No, sir.

 22               CHAIRMAN SHULL:  You only had three?  You

 23   stopped, and then you didn't --

 24               HARRAH'S REPRESENTATIVE:  No.  As presented, it

 25   was a one-time promotion, and those items that were

 

 

 


  1   redeemed were redeemed.  We didn't refuse any redemption. 

  2   So if a patron brought it in and inserted it, we took it.

  3               CHAIRMAN SHULL:  Thank you.

  4               COMMISSIONER PLUNKETT:  I'll make a motion to

  5   approve DC-07-001.

  6               COMMISSIONER HAIS:  Second it.

  7               CHAIRMAN SHULL:  Is there any further

  8   discussion?

  9               (No response.)

 10               CHAIRMAN SHULL:  Call the roll.

 11               MS. FRANKS:  Chairman Shull?

 12               CHAIRMAN SHULL:  Approved.

 13               MS. FRANKS:  Commissioner Jones?

 14               COMMISSIONER JONES:  Approved.

 15               MS. FRANKS:  Commissioner Hais?

 16               COMMISSIONER HAIS:  Approved.

 17               MS. FRANKS:  Commissioner Plunkett?

 18               COMMISSIONER PLUNKETT:  Approved.

 19               MS. FRANKS:  By your vote, you've adopted

 20   Disciplinary Complaint DC-07-001.

 21               MR. HINCKLEY:  Again, Chairman and

 22   Commissioners, if I could direct your attention to Tab H.

 23             In Tab H, there's the Preliminary Order for

 24   Disciplinary Action Against Harrah's Maryland Heights, and

 25   that's Disciplinary Cause No. 07-002.  I mistakenly left

 

 

 


  1   out -- the prior cause number was 07-001.  And as the

  2   Commissioners and Chairman already know, this has to do

  3   with the same incident between the two Harrah's gambling

  4   casinos.

  5             In this case, the violation actually was

  6   discovered earlier, on March 29th of 2006, and there were

  7   also -- in this case, it appears to be three promotional

  8   coupons redeemed prior to the discovery.  And this, as

  9   well, is a violation of the same regulation, where

 10   promotion coupon shall contain the specific value of any

 11   monetary coupon stated in U.S. dollars on the coupon.

 12             Further violations at the minimum control

 13   standards and the internal control standards, whose

 14   language mirrors the regulation.

 15             And in this case, like the prior case against

 16   Harrah's, the Commission would ask for approval of a

 17   $15,000 fine against the casino.

 18               CHAIRMAN SHULL:  Are there any questions?

 19               (No response.)

 20               CHAIRMAN SHULL:  Is there a motion?

 21               COMMISSIONER JONES:  I move for the approval of

 22   DC-07-002.

 23               COMMISSIONER HAIS:  Second.

 24               CHAIRMAN SHULL:  Call the roll

 25               MS. FRANKS:  Chairman Shull?

 

 

 


  1               CHAIRMAN SHULL:  Approved.

  2               MS. FRANKS:  Commissioner Jones?

  3               COMMISSIONER JONES:  Approved.

  4               MS. FRANKS:  Commissioner Hais?

  5               COMMISSIONER HAIS:  Approved.

  6               MS. FRANKS:  Commissioner Plunkett?

  7               COMMISSIONER PLUNKETT:  Approved.

  8               MS. FRANKS:  By your vote, you've adopted

  9   Disciplinary Complaint DC-07-002. 

 10               DIRECTOR McNARY:  Mr. Chairman, Item VI on the

 11   Agenda is Consideration of Rules and Regulations. 

 12   David Welch will make a presentation concerning

 13   Final Order.

 14               MR. WELCH:  Mr. Chairman and Members of the

 15   Commission, we are recommending the adoption of a

 16   Final Order, an Amendment to 11 CSR 45-13.055.  A Notice of

 17   Hearing was published in the Missouri Registrar on

 18   January 22nd, 2007.  We received no comments at the

 19   hearing; however, we -- which was held on February 8th,

 20   2007.

 21             However, we did receive a letter from the

 22   Missouri Gaming Association opposing the rule.  They felt

 23   that there were several issues involving notice to the

 24   casinos before a closure and definitions of what

 25   constitutes an immediate threat to the public welfare as

 

 

 


  1   opposed to being disruptive.

  2             We recommend that this be adopted for the reasons

  3   that the current regulations provide for, such things as

  4   the closing of the gaming floor, for the same reasons, and

  5   we are only giving the executive director one additional

  6   authority, the authority to suspend the serving of

  7   alcoholic beverages within the casino or the casino

  8   facility.  He already has the larger authority to close the

  9   gaming floor and suspend directors, general managers,

 10   things of that nature.  There would be a time for a hearing

 11   in a very expedited fashion.

 12             I don't know if the Association would like to

 13   address this issue further.

 14               CHAIRMAN SHULL:  Thank you.

 15               COMMISSIONER HAIS:  He indicated that you sent

 16   a letter.  Do you want that letter introduced into the

 17   record?

 18               MR. WELCH:  Mike can respond.

 19               MR. WINTER:  Mike Winter, representing the

 20   Missouri Gaming Association.

 21             We did submit a letter in opposition to the

 22   proposed regulation.  At the date of the hearing, none of

 23   us could attend, so we did submit a letter for the record. 

 24   And if you want to put that in this record, that's fine.

 25             We raised some concerns about providing due

 

 

 


  1   process and some notification requirements.  Rather than

  2   just suspending a license in an expedited fashion, I think

  3   we felt it may be beneficial to at least provide some

  4   notice to the operator that there may be concerns that we

  5   could address prior to the suspension taking place.

  6             I don't have a copy of the letter in front of me,

  7   but I think that was the gist of the comments that we

  8   submitted.

  9               COMMISSIONER HAIS:  My question was just

 10   prompted by my feeling that it's your right to have that

 11   letter in the record, if you wanted.  If you don't -- but

 12   it's not what we want.  It's what you might want.

 13               MR. WINTER:  We're happy having you include it

 14   in the record.

 15               COMMISSIONER HAIS:  Do you have that letter?

 16               MR. WELCH:  I do have a copy of it, but I've

 17   marked on it.

 18               COMMISSIONER HAIS:  You can get a clean copy?

 19               MR. WELCH:  Yes.  That is in the record of the

 20   hearing that was conducted.

 21               CHAIRMAN SHULL:  Thank you.

 22             Any further discussion or questions?

 23               DIRECTOR McNARY:  Mr. Chairman, we consider

 24   this to be a practical emergency order from the standpoint

 25   that currently, if there's a danger to the public welfare,

 

 

 


  1   then the executive director has the authority to close down

  2   a casino, and that could be -- if it's only related to

  3   alcohol, then that would be overkill.  This would provide

  4   the emergency authority to shut off the alcohol and allow

  5   the casino to continue in operation.

  6               CHAIRMAN SHULL:  You're recommending this?

  7               DIRECTOR McNARY:  We recommend passage of

  8   Final Order.

  9               CHAIRMAN SHULL:  Is there a motion?

 10               COMMISSIONER JONES:  I recommend the approval

 11   of 11 CSR 45-13.055.

 12               COMMISSIONER PLUNKETT:  I'll second that.

 13               CHAIRMAN SHULL:  Is there further discussion?

 14               (No response.)

 15               CHAIRMAN SHULL:  Call the roll.

 16               MS. FRANKS:  Chairman Shull?

 17               CHAIRMAN SHULL:  Approved.

 18               MS. FRANKS:  Commissioner Jones?

 19               COMMISSIONER JONES:  Approved.

 20               MS. FRANKS:  Commissioner Hais?

 21               COMMISSIONER HAIS:  Approved.

 22               MS. FRANKS:  Commissioner Plunkett?

 23               COMMISSIONER PLUNKETT:  Approved.

 24               MS. FRANKS:  By your vote, you've adopted the

 25   Final Order of Rulemaking, 11 CSR 45-13.055.

 

 

 


  1               DIRECTOR McNARY:  Chairman, Item VII on the

  2   Agenda is Consideration of Settlement Agreement.  General

  3   Counsel, Chris Hinckley.

  4               MR. HINCKLEY:  Mr. Chairman, Commissioners,

  5   good afternoon.

  6             Let me direct your attention to Tab J, which are

  7   is the Proposed Settlement Agreement, Commission and

  8   Missouri Gaming Company.  This Settlement Agreement stems

  9   from the original -- or proposed -- I'm sorry --

 10   Preliminary Order of Disciplinary Action, which is on the

 11   back of the signature page for the Settlement Agreement and

 12   it goes from there.

 13             The Preliminary Order for Disciplinary Action,

 14   No. 06-179, against The Missouri Gaming Company, had to do

 15   with revoked software.  In this case, there was a software

 16   present on the gaming floor which caused -- undetermined

 17   number of display refreshes could lead to a white screen

 18   symptom, preventing the game from displaying the pay table. 

 19   This was discovered by EGD or Electric Gaming Device

 20   specialist and remedied.

 21             After the Preliminary Order of Disciplinary

 22   Action was sent out, the Respondent, The Missouri Gaming

 23   Company, basically contacted the Commission and agreed to

 24   pay the fine but had issue with the wording of the

 25   violation.  Specifically -- turn to Preliminary Order of

 

 

 


  1   Disciplinary Action -- they made point that Paragraph 17 on

  2   that Preliminary Order, which is 11 CSR Division 45,

  3   Chapter 5-053, Subparagraph -- I'm sorry -- Paragraph 3.

  4             That paragraph provided, in whole, written there,

  5   that permitting to remain -- I'm sorry -- shall prohibit --

  6   the Class A Licensee shall expressly prohibit from the

  7   following -- be prohibited from the following activities,

  8   permitting to remain in or upon any licensed premised, any

  9   associated gambling equipment, primarily but not limited to

 10   cards or dice, which may have in any manner been tampered

 11   with or otherwise placed in a condition or operated in a

 12   manner which might affect the game and its payouts.

 13             The Missouri Gaming Company -- I'm sorry -- as

 14   well as Paragraph 18, they have issue with the

 15   Subparagraph B, which stated that permitting the slot

 16   machines containing revoked chip to remain in operation in

 17   a manner which might affect the game and its payouts.

 18             That would be the violation which was cited. 

 19   They had issue with those two and recommended a different

 20   violation to be more exact or appropriate with the facts of

 21   the case.  That recommended replacement was under -- if you

 22   would look on the -- which would be the back of the second

 23   page in Tab J in Paragraph K.  You'll see that the

 24   Settlement Agreement proposes to delete the language in

 25   Paragraph 17 of the Preliminary Order and replace it with

 

 

 


  1   the language from 11 CSR Division 45 -- or 5.190,

  2   Paragraph 2, Subparagraph I, which states that the

  3   electronic gaming device is clearly and accurately

  4   displayed with the rules of play and the award that will be

  5   paid to the player when the player obtains a specific win,

  6   including mystery rewards.  The display shall clearly

  7   indicate whether awards are designated in denominational

  8   units, currency credits, or some other unit.  All

  9   payable -- all pay table information -- excuse me -- must

 10   be able to be accessed by the player prior to the player

 11   committing to a wager.

 12             Once again, this was a Settlement Agreement that

 13   all -- it all worked out prior to signature when I arrived.

 14               CHAIRMAN SHULL:  Are you recommending this,

 15   that we adopt this?

 16               MR. HINCKLEY:  Yes.  This section is more

 17   directly relevant to the violation that I read in the

 18   beginning about the display -- the pay table display not

 19   being about to be -- but there was no loss to any patron

 20   when this was discovered.  So the $5,000 fine that they'd

 21   like to pay --

 22               CHAIRMAN SHULL:  And they're willing to pay it?

 23               MR. HINCKLEY:  Yes.

 24               CHAIRMAN SHULL:  Thank you.

 25               COMMISSIONER PLUNKETT:  I'd make a motion to

 

 

 


  1   approve the 07-015.

  2               COMMISSIONER HAIS:  I'll second it.

  3               CHAIRMAN SHULL:  Is there further discussion?

  4               (No response.)

  5               CHAIRMAN SHULL:  Call the roll.

  6               MS. FRANKS:  Chairman Shull?

  7               CHAIRMAN SHULL:  Approved.

  8               MS. FRANKS:  Commissioner Jones?

  9               COMMISSIONER JONES:  Approved.

 10               MS. FRANKS:  Commissioner Hais?

 11               COMMISSIONER HAIS:  Approved.

 12               MS. FRANKS:  Commissioner Plunkett?

 13               COMMISSIONER PLUNKETT:  Approved.

 14               MS. FRANKS:  By your vote, you've adopted

 15   Resolution No. 07-015.

 16               DIRECTOR McNARY:  Mr. Chairman, Item VIII on

 17   the Agenda will be a brief update on the Caruthersville

 18   Casino by Supervisor Greeno.

 19               MR. GREENO:  Mr. Chairman, Commissioners, my

 20   comments this afternoon will be very brief.  I think we all

 21   realize the supervisorship agreement to be a unique

 22   situation and not one in which the Commission probably ever

 23   imagined that it would find itself.  But it has, however,

 24   been an endeavor worthwhile to the community, to the

 25   employees of the Casino Aztar and, therefore, to the state

 

 

 


  1   of Missouri, as well.

  2             I have not met a person in the community who has

  3   not expressed their thanks to the Commission for assuming

  4   supervisorship in keeping the casino open.  That

  5   institution means a lot to the people of the community.

  6             The state gaming tax, as well as the admission

  7   tax generated, has amounted to over a million dollars in

  8   tax revenue to the state since the supervisorship took

  9   effect in January.  It has also benefitted the community,

 10   the city of Caruthersville, in their share of the

 11   commission -- admission tax, as well as their portion of

 12   the adjusted gross receipts tax.

 13             I think the big thing is that the property at

 14   Caruthersville has provided over $900,000 in payroll and

 15   benefits to its employees since the supervisorship began. 

 16   So it does mean a lot to the people of the community,

 17   particularly to the employees at that facility.

 18             And as a side note, the casino revenue was up

 19   8 percent in January, since the supervisorship took effect.

 20   I'm not taking any credit for that.

 21             Then in February, so far the casino revenue is up

 22   18 percent and admissions are up 15 percent, and I

 23   attribute that entirely to the superb management staff

 24   that's on board down there that I'm having the pleasure to

 25   work with.

 

 

 


  1               CHAIRMAN SHULL:  Are there any questions?

  2               COMMISSIONER HAIS:  You're too modest,

  3   Supervisor.

  4               MR. GREENO:  Not at all.  Thank you.

  5               CHAIRMAN SHULL:  Thank you.

  6               DIRECTOR McNARY:  Mr. Chairman, that concludes

  7   the public portion of the Agenda.  There are matters to be

  8   considered that are confidential that should be taken up in

  9   closed session.

 10               CHAIRMAN SHULL:  Is there a motion?

 11               COMMISSIONER JONES:  Mr. Chairman, I move to

 12   close this meeting to receive, discuss, and consider the

 13   following matters:  Personnel matter under State Statute

 14   610.021(3) and (4) RSMo; Investigatory, Proprietary, and

 15   Application Records, Information and Summaries under State

 16   Statute 610.021(14) and 313.847.1; Investigatory Records,

 17   Information and Summaries under State Statute 610.021(14);

 18   Proprietary Records, Information and Summaries under

 19   State Statute 610.021(14) and 313.847.1; Application

 20   Records, Information and Summaries under State Statute

 21   610.021(14) and 313.847.1; Closed minutes and other closed

 22   records under State Statute 610.021(14) and313.847.1.

 23               CHAIRMAN SHULL:  Call the roll.

 24               MS. FRANKS:  Chairman Shull?

 25               CHAIRMAN SHULL:  Approved.

 

 

 


  1               MS. FRANKS:  Commissioner Jones?

  2               COMMISSIONER JONES:  Approved.

  3               MS. FRANKS:  Commissioner Hais?

  4               COMMISSIONER HAIS:  Approved.

  5               MS. FRANKS:  Commissioner Plunkett?

  6               COMMISSIONER PLUNKETT:  Approved.

  7  

  8                    (Open session concluded.)

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  1   STATE OF MISSOURI )

  2                     )ss.

  3   COUNTY OF MARIES  )

  4  

  5           I, Tracy Patton-Shiver, Court Reporter and

  6   Notary Public within and for the State of Missouri, do

  7   hereby certify that I was personally present at the

  8   proceedings had, that I then and there took down in

  9   Stenotype the proceedings had and produced with

 10   computer-aided transcription and that the foregoing is a

 11   full, true and correct transcript of such Stenotype notes

 12   so made at such time and place.

 13           IN WITNESS WHEREOF, I have hereunto set my hand

 14   and seal on this 13th day of March 2007.

 15  

 16           My commission expires September 17, 2009.

 17  

 18                        ___________________________

 19                        Tracy Patton-Shiver

 20                        Notary Public - State of Missouri

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