Wednesday, October 20, 2010
Southern Amusement Wins Limited Video Lottery Bid
WEST VIRGINIA....
Southern Amusement, Inc. of Logan County won a tie-breaker over two other companies that submitted bids for Limited Video Lottery machine permits. Southern Amusement, formerly owned by convicted felon Joe C. Ferrell will receive 479 permits. Permit winners are given possession of the lucrative slot machines for the next 10 years. The money is due November 29th.
Southern Amusement is now owned by Ferrell's wife Vicki. A recent plea bargain agreement between Joe C. Ferrell and federal prosecutors on racketeering and fraud charges requires Ferrell to divert himself from the business and abstain from any involvement with it.
Southern Amusement, Inc. of Logan County won a tie-breaker over two other companies that submitted bids for Limited Video Lottery machine permits. Southern Amusement, formerly owned by convicted felon Joe C. Ferrell will receive 479 permits. Permit winners are given possession of the lucrative slot machines for the next 10 years. The money is due November 29th.
Southern Amusement is now owned by Ferrell's wife Vicki. A recent plea bargain agreement between Joe C. Ferrell and federal prosecutors on racketeering and fraud charges requires Ferrell to divert himself from the business and abstain from any involvement with it.
# posted by Homer Owens @ 9:35 AM 
