Gamers, regulators to discuss key issues

May 20, 2003 4:28 AM

The chief executives of MGM Grand Inc. and Wells Fargo Bank will deliver keynote addresses at the Nevada Society of CPAs 25th Annual National Gaming Forum, to be held at the Flamingo hotel on Thursday and Friday.

Along with MGM Grand chief J. Terrance Lanni and Well Fargo executive vice president and CEO Sung Won Sohn, the forum also plans to hold a chief executive roundtable with Glen Schaeffer, president of Mandalay Resort Group; Thomas Roche, a partner in Deloitte and Touche; Tim Wilmott, chief operating officer for Harrah’s Entertainment, and Dan Lee, CEO of Pinnacle Gaming.

Greg Gale, chief of the Nevada Gaming Control Board’s audit division, will moderate a panel on regulatory developments in Nevada and New Jersey.

Randy Vallen, a partner in PriceWaterhouseCoopers, will lead a discussion on corporate governance with guests Clyde Turner, audit committee chair for Coast Casinos; Dr. Richard Flaherty, dean of the business college at UNLV; and Ellis Landau, executive vice president of Boyd Gaming Corp.

Among the topics to be discussed during the conference will be the Sarbanes-Oxley Act of 2002, the sweeping law that toughens requirements on corporate reporting, public accounting and disclosure.

Other panels will focus on cash accounting and reporting issues, legal issues with Indian and Internet gaming, use of the Internet and legacy systems, new monetary management technologies for the gaming industry, taxation issues and data integration.

Former U.S. Senator Richard Bryan will speak at the forum’s luncheon on Thursday.