Lobbyist Sells Stake in Casino Slots Company
A top gambling lobbyist who was criticized for investing in a slot-machine distributorship through a trust for his 2 minor children revealed the trust is selling its stake in the casino slots corporation.
The lobbyist, Stephen R. Wojdak, said other partners will buy the trust's stake. Neither he nor the trust will receive any financial gain from the transaction, which is subject to approval by the Pennsylvania Gaming Control Board, he said. Liberty Gaming Distributors LP, the Plymouth Meeting-based distributor, confirmed that the trust was being removed from ownership.
In a short statement, the company promised to file all necessary documents to the State board for approval. Wojdak, one of Pennsylvania's best-known gambling lobbyists, said he and the company's owners want to end the public controversy over the trust's involvement in Liberty Gaming.
Under state gambling law, anyone seeking or holding a license to operate, manufacture or distribute slot machines in Pennsylvania is barred from giving money to candidates or political action committees. Wojdak had made more than $50,000 in political contributions since Liberty Gaming applied for a license last February.
July 29, 2006
Posted By Larry Rutherford
Staff Editor, CasinoGamblingWeb.com
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