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Monday, November 28, 2011

KG Urban's Partner?

You might find this of value - the KG Urban filing:
http://twitdoc.com/N0U

You will note:

Item # 46 --

'KG and a joint venture partner would....' undisclosed?

Why the secrecy? In the past, KG Urban has partnered with Sands. Could that be the reason KG is not straightforward about their partner? Is anyone asking?


From: Top 10 Things Gambling Promoters Are Thankful For

NUMBER 8: Las Vegas Sands lobbyists are thankful that they haven’t yet had to explain to Floridians why the company is the object of an ongoing federal investigation, and why, exactly, the Securities and Exchange Commission and the U.S. Justice Department are trying to find out if the Sands violated the Foreign Corrupt Practices Act.


For additional information: Sands Sheldon Adelson Stanley Ho

Curious incident from New Jersey:

It was a worry about those kinds of deals that forced MGM Resorts (NYSE: MGM) out of Atlantic City. Gaming officials in New Jersey didn't want anything to do with a company that was associated with gambling kingpin Stanley Ho's daughter Pansy Ho and possible mob ties.

3 comments:

Anonymous said...

Kg's been pretty clear here in NB that they're not going to partner with Sands again. Don't know if that's appeared in the news, but we've heard it.

Middleboro Review said...

Thanks for your comment.

I mostly post what has appeared in newspapers. There has been no comment that I have seen indicating KG's partner.

You will note in the court filing that the partner is undisclosed.

WHY?

I'm disappointed that the Standard Times is not asking - as well as the Mayor and the City Council.
We both know that Mayor Scott Lang is a pretty sharp guy. It's hard to believe he's not asking.

How can you discuss business when you don't know who you're dealing with?

Much the same may be said about Foundation Gaming.

When I posted my original comments, their web site had every page proclaiming 'UNDER CONSTRUCTION.' That has since been updated, yet they are still not registered with the Secretary of the Commonwealth as either a corporation or lobbyists. It might seem that they need to do both.

Don't you have a problem when the principals aren't fully disclosed?

Middleboro Review said...

You commented "...we've heard it."

Might I ask, from whom and when?