Capado to pay $2,500 fine

Las Vegas gaming company Capado to pay $2,500 fine
By Cy Ryan

Monday, Oct. 11, 2010

CARSON CITY – A Las Vegas company that has a license to distribute slot machines has agreed to pay a $2,500 fine for violating the regulations of the state Gaming Control Board.

Capado Gaming Corp. has admitted its violation of not keeping adequate slot machine sales records available for inspection by state agents in 2008.

Capado sold five slot machines to a restricted gaming business at Incline Village in the Lake Tahoe area. The complaint, filed Sept. 30, said Capado failed to maintain any records documenting the serial numbers of the slot machines, as required.

Capado had to call the Lake Tahoe business to get the numbers.

A board spokesman said the regulation is designed to keep tabs on the location of the slot machines and to make sure no illegal slots are making their way into this state.

The stipulation was signed by Doyle Davis, president of Capado. It will be presented to the Nevada Gaming Commission for final approval.