Fifth Street Gaming is facing scrutiny from Nevada regulators over tax and audit violations. These issues will be addressed at an upcoming meeting of the Nevada Gaming Commission when it considers limiting sportsbook revenue at Fifth Street’s North Las Vegas property.
Fifth Street owns Ojos Locos Sports Cantina Y Casino, previously known as the Lucky Club. When the Nevada Gaming Commission meets Nov. 20, it will consider a recommendation by the Nevada Gaming Control Board that would limit the operator’s share of sportsbook revenue with Boomer’s Sportsbook for two years and require it to come back for further approval. Boomer’s, on track to be the new sportsbook operator at the casino pending Commission approval, is unaffected by the limitation.
Ojos Locos General Manager Robert Wright was questioned by the Board, which didn’t provide many details of the tax and audit issues that date back to a 2023 letter sent by regulators…