Former Las Vegas Sands President and Chief Operating Officer George I Markantonis has been appointed to the Nevada Gaming Commission (NGC) by Gov. Joe Lombardo (R). Markantonis replaces Commissioner Steve Cohen, a Las Vegas attorney who opted non to seek reelection to the state’s teetotum gaming regulatory panel.
Markantonis is a calling hotelier born in South Africa and has led opulence resorts and hospitality firms worldwide. His most recent role was at Sands, the former possessor and operator of The Venetian and Palazzo casino resorts on the Strip and the former Sands Expo.
Markantonis joined Sands inwards 2015 and led the company’s Nevada trading operations on with the company’s belatedly owner, Sheldon Adelson, who died inward 2021. Just 2 months after the founder’s passing, Sands officials, at the direction of Adelson’s successor, CEO Rob Goldstein, opted to sell The Venetian, Palazzo, and Sands Expo to New House of York common soldier equity solid Phoebus Global Management and gambling casino landlord Vici Properties for $6.25 billion.
The young ownership mathematical group brought on its own handpicked executive to oversee the operations of the II structured resorts. Patrick Nichols became CEO of The Venetian and Palazzo inward August of lastly year, with Markantonis transitioning to an advisory role.
Commission Capacity
The Sagebrush State Gaming Commission, created through and through the state’s legalisation of casino play in 1959, is a five-person bureau that oversees all gambling inwards the state.
The Commission’s subordinate, the Sagebrush State Gaming Control Board (NGCB), direct regulates licensed gaming establishments. The NGCB to boot makes regulatory recommendations to the NGC, as warranted. NGC commissioners put to work part-time, patch NGCB members are inwards full-time positions.
Markantonis, who, before joining Sands, worked at Westin Hotels & Resorts for 17 years and and so at Caesars Palace inwards Las Vegas as its vice chairperson of hotel operations, finds the regulatory role attractive and believes his expertise will bring home the bacon time value to the agency.
“I’m honored to function on the NV Gaming Commission, and I’m grateful to Governor Lombardo for entrusting me with this role,” said Markantonis. “I look forrard to utilizing my manufacture experiences to function the charge in its process protecting the unity of Nevada’s gaming manufacture and the interests of all the Nevadans who rely on its ongoing success for their livelihoods.”
Markantonis is only when the indorsement gaming industry executive prescribed to the Battle Born State Gaming Commission.
“George is an experient gaming executive director with international and multijurisdictional experience, and I take account his willingness to swear out our state,” Lombardo commented. “I live that George’s proven leadership, outstanding character, and decades of experience will be a tremendous plus to the Nevada Gaming Commission.”
Gaming Appointments
Markantonis is the tertiary country gaming regulator appointed past Lombardo. In January, the young governor named former land Treasurer and Lt. Gov. Brian Krolicki to the NGC after former Commissioner Ben Kieckhefer agreed to resign from the commissioning to function as Lombardo’s chief of staff.
Also inward January, Lombardo named Kirk Hendrick to the NGCB to put back outgoing table member J. Brin Gibson. Hendrick is an attorney past trade. Gibson resigned to follow professional opportunities exterior of public service.
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