Former Mohegan Sun CEO agrees to $60,000 fine
Bobby Soper, the former Mohegan Sun executive who abruptly resigned in February, agreed to pay a $60,000 fine for failing to properly disclose his ownership interests in 10 companies, including two that did business with Mohegan Sun Pocono, the Mohegan Tribe’s Wilkes-Barre, Pa., casino.
The Pennsylvania Gaming Control Board approved the fine Wednesday as part of a settlement with Soper, who was president and chief executive officer of Mohegan Sun Pocono from December 2005 until October 2012.
Soper, who now lives in Florida, said in a phone interview that he voluntarily agreed to the settlement, or “consent agreement,” which he signed last month. He said his failure to properly disclose his business interests was “purely a negligent, unintentional administrative mistake ... a clerical mistake.”
According to the agreement, Soper failed to disclose his interests on license applications he filed with regulators. Two of the 10 companies in which he held a stake, Drinkholder and ReferLocal, did business directly with Mohegan Sun Pocono, the gaming board said in a news release.
Read more: http://www.theday.com/business/20171108/former-mohegan-sun-ceo-agrees-to-60000-fine
