Raymond Lamonica News

Louisiana Gaming Company Hit with Fine

Players International, Inc. will have to pay the state of Louisiana $10.2 million and sell its two Lake Charles riverboats for failing to report its dealings with pizza restauranteur Richard Shetler, who has admitted to funneling a total of $550,000 in cash and goods from Players to Edwin Edwards and his son Stephen as part of a four-year conspiracy to extort money from the riverboat company. The settlement with the Louisiana Gaming Board follows an investigation into allegations Players paid money under the table to help it secure a riverboat gaming license during the administration of former Governor Edwards. In a report released in August, 1999, Special Assistant Attorney General Raymond Lamonica concluded Players should be fined and stripped of its Louisiana gaming licenses.